Business birth rate in Northern Ireland has risen over the last decade but continues to lag behind the UK
Between 2010 and 2021 the number of business births in NI rose by 45%, reaching 6,655 in 2021, the highest over the decade. The increase compares to a 55% rise in the UK. Reflective of the increase in numbers the birth rate, births as a share of active businesses, has risen from 7.8% to 10.3%.