Entrepreneurial activity

Total Early-stage Entrepreneurial Activity (TEA) rate: proportion of the adult working age population that is actively trying to start a business, or that own/manage a business which is less than 3.5 years old. Find out more about this indicator.

The Total Early-stage Entrepreneurial Activity (TEA) rate in Scotland increased by 0.1 percentage points between 2019 and 2020 to 7.3%. The TEA rate has increased by 2.3 percentage points since 2002, the first year for which comparable data is available.

Despite the effects of the Covid-19 pandemic, the Total Early-stage Entrepreneurial Activity (TEA) rate in Scotland remained stable and increased slightly by 0.1 percentage points between 2019 and 2020 to 7.3%.

In 2020, the Total Early-stage Entrepreneurial Activity (TEA) rate for males was 9.3, compared to 5.3 for females. While the female TEA rate in Scotland has increased slightly over time, it has been consistently below the male TEA rate over time and the gap has increased compared to the first comparable year (from 3.2 percentage points in 2006 to 4.0 in 2020).

Breakdowns for age and deprivation were calculated as a three year average for 2018-2020. This found that:

  • The age group with the highest TEA rate was the 25-34 age group, with a rate of 8.1. The lowest rate of 4.1 was seen in the 45-54 age group. The rate for 18-24 year olds was 6.5 in 2018-2020. This increased to 8.1 for those ages between 25-34 and 7.9 for those aged 35-44.
  • In Scotland for the period 2018-2020, the most deprived area (1st Quintile) experienced the highest TEA levels of 7.6%. The least deprived area (5th Quintile) had a rate of 6.6. The 2nd Quintile saw the lowest rate at 6.1 while the 3rd quintile and 4th Quintiles had rates of 7.5 and 7.0 respectively.

TEA rate of the white ethnic population in Scotland in 2020 was significantly lower than that of the non-white population, at 7.0 compared to 13.0 respectively.

This indicator can be broken down by gender, age, and Scottish Index of Multiple Deprivation. These breakdowns can be viewed on the Equality Evidence Finder.

 

Performance Maintaining

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