Enterprise

Facts and figures about enterprise and entrepreneurial activity in the West Midlands region, updated October 2008.

VAT registrations per 10,000 of adult population by region

 

2000

2001

2002

2003

2004

2005

2006

Change 2000-​2006

England

40.2

37.8

39.1

42.0

39.8

39.1

38.8

-​3.5%

London

62.9

56.9

55.6

60.1

59.0

57.5

57.4

-​8.7%

South East

45.1

42.4

44.4

47.4

44.1

43.1

43.1

-​4.5%

East of England

41.1

38.6

41.0

42.7

40.4

40.2

38.6

-​6.0%

South West

38.7

36.1

38.6

40.9

37.7

36.7

37.5

-​3.2%

East Midlands

34.9

33.6

35.3

37.5

35.9

35.1

34.8

-​0.4%

West Midlands

35.0

33.7

34.6

37.3

35.6

34.4

34.3

-​1.9%

North West

32.0

30.6

32.2

34.9

33.0

32.6

32.4

+1.2%

Yorkshire and the Humber

30.5

29.4

31.2

34.5

32.3

31.7

31.0

+1.6%

North East

21.0

20.5

21.5

23.9

21.6

22.4

22.2

+5.6%

Source: BERR Small Business Service Analytical Unit

Total entrepreneurial activity by region

 

2002

2003

2004

2005

2006

2007

Change 2002-​2007

England (regional average)

4.7%

6.1%

5.9%

5.8%

5.9%

5.7%

+21.3%

South West

5.1%

6.8%

6.8%

6.9%

7.8%

6.3%

+23.5%

South East

5.3%

7.9%

7.0%

6.9%

6.4%

5.1%

-​3.8%

East Midlands

6.1%

5.5%

5.9%

5.5%

6.1%

5.2%

-​14.8%

London

5.6%

10.0%

7.3%

8.3%

8.1%

6.4%

+14.3%

East of England

4.6%

5.4%

7.0%

5.4%

5.7%

6.3%

+37.0%

West Midlands

4.9%

6.6%

5.2%

5.4%

5.3%

6.3%

+28.6%

North West

4.3%

4.7%

4.0%

4.6%

5.0%

5.4%

+25.6%

Yorkshire and the Humber

3.9%

4.2%

4.5%

5.7%

4.5%

5.3%

+35.9%

North East

2.9%

3.8%

5.0%

3.8%

4.3%

4.7%

+62.1%

Source: Global Entrepreneurship Monitor

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