Data / Enterprise deaths / Shetland Islands

Enterprise deaths in Shetland Islands

Enterprise deaths in Shetland Islands was 55 in 2024, according to the Office for National Statistics (United Kingdom). That is down 15.4% from 2023.

2024, count55 Provisional
Change on 2023-15.4%
Series high752019
Series low452021

Next release: Friday, 15 January 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Enterprise deaths in Shetland Islands, 2019 to 2024

40506070802019202020212022202320242019: 75 count2020: 60 count2021: 45 count2022: 65 count2023: 65 count2024: 55 count40506070802019202120242019: 75 count2020: 60 count2021: 45 count2022: 65 count2023: 65 count2024: 55 count
count. Source: Office for National Statistics, Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country. Retrieved 2026-10-12, published 2026-01-15.
All 6 values
Periodcount
202455 Provisional
202365 Provisional
202265
202145
202060
201975

Compared with Scotland and United Kingdom

Place2024
Shetland Islands55
Scotland16,140
United Kingdom280,370

Rankings

Definition

Enterprises that stopped trading during the year and were not reactivated within two years. Enterprises absorbed by a merger or a takeover are not deaths.

Counts enterprises, which can run several local units, under the harmonised Eurostat and OECD business demography rules. Not the same as active_companies (the INE business register count for Spain) or employer_firms (US firms with employees). A death is not an insolvency: most enterprises that close do so without a formal insolvency procedure. The latest years are estimated from expected reactivations and are provisional.

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How to cite

Office for National Statistics. Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country. Contains public sector information licensed under the Open Government Licence v3.0. https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Office for National Statistics (United Kingdom). (2026). Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country (Enterprise deaths, Shetland Islands, 2019 to 2024) [Data set]. Retrieved October 12, 2026, from https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable

MLA 9

Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country, Enterprise deaths, Shetland Islands, 2019 to 2024. Office for National Statistics (United Kingdom), 15 Jan. 2026, https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable. Invokely, https://invokely.ai/en/enterprise-deaths/shetland-islands-uk. Accessed 12 Oct. 2026.

Chicago (author-date)

Office for National Statistics (United Kingdom). 2026. Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country. Enterprise deaths, Shetland Islands, 2019 to 2024. Dataset. Accessed October 12, 2026. https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable. Also distributed by Invokely, https://invokely.ai/en/enterprise-deaths/shetland-islands-uk.

Harvard

Office for National Statistics (United Kingdom) (2026) Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country, Enterprise deaths, Shetland Islands, 2019 to 2024 [Dataset]. Available at: https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable, via Invokely: https://invokely.ai/en/enterprise-deaths/shetland-islands-uk (Accessed: 12 October 2026).

BibTeX
@misc{office_enterprise_deaths_shetland_islands_2024,
  author = {{Office for National Statistics (United Kingdom)}},
  title = {{Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country: Enterprise deaths, Shetland Islands, 2019 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/enterprise-deaths/shetland-islands-uk. Publisher attribution: Office for National Statistics. Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country. Contains public sector information licensed under the Open Government Licence v3.0. https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - Office for National Statistics (United Kingdom)
TI  - Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country: Enterprise deaths, Shetland Islands, 2019 to 2024
PY  - 2026
DA  - 2026/01/15
PB  - Office for National Statistics (United Kingdom)
DB  - Invokely
UR  - https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable
L2  - https://invokely.ai/en/enterprise-deaths/shetland-islands-uk
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/enterprise-deaths/shetland-islands-uk.
N1  - Publisher attribution: Office for National Statistics. Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country. Contains public sector information licensed under the Open Government Licence v3.0. https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/datasets/businessdemographyreferencetable. Retrieved 2026-10-12.
ER  -
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Questions

What is the enterprise deaths in Shetland Islands?

Enterprise deaths in Shetland Islands was 55 in 2024, according to the Office for National Statistics (United Kingdom). That is down 15.4% from 2023.

Where does this figure come from?

Office for National Statistics (United Kingdom). Business demography, UK, Tables 2.1a to 2.1d: count of deaths of enterprises by district, county and unitary authority within region and country. Retrieved by Invokely on 2026-10-12.

What was the highest enterprise deaths in Shetland Islands?

75 in 2019, the highest value since 2019 in this series.

Enterprise deaths elsewhere in Scotland

Related statistics for Shetland Islands

All statistics for Shetland Islands | Shetland Islands in figures