Data / Establishment exit rate / South Carolina

Establishment exit rate in South Carolina

Establishment exit rate in South Carolina was 8.58% in 2023, according to the U.S. Census Bureau. That is down 0.09 pts from 2022. That is the 31st highest of 51 states in 2023.

20238.58%
Change on 2022-0.09 pts
Rank31st of 51US states ranked
Series high12.9831982
Series low7.4092016

Next release: Sunday, 26 September 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Establishment exit rate in South Carolina, 1978 to 2023

6810121419781985199219992006201320231978: 10.945 %1979: 10.765 %1980: 11.623 %1981: 11.433 %1982: 12.983 %1983: 11.274 %1984: 11.068 %1985: 11.3 %1986: 10.878 %1987: 11.4 %1988: 11.01 %1989: 10.861 %1990: 10.716 %1991: 11.475 %1992: 11.206 %1993: 9.871 %1994: 9.847 %1995: 9.687 %1996: 10.016 %1997: 10.584 %1998: 9.952 %1999: 10.069 %2000: 10.154 %2001: 10.858 %2002: 10.968 %2003: 9.94 %2004: 9.282 %2005: 9.346 %2006: 9.377 %2007: 9.88 %2008: 10.333 %2009: 12.036 %2010: 10.577 %2011: 9.99 %2012: 8.818 %2013: 8.624 %2014: 8.429 %2015: 8.128 %2016: 7.409 %2017: 7.844 %2018: 8.173 %2019: 7.851 %2020: 8.54 %2021: 8.424 %2022: 8.667 %2023: 8.58 %6810121419781994201020231978: 10.945 %1979: 10.765 %1980: 11.623 %1981: 11.433 %1982: 12.983 %1983: 11.274 %1984: 11.068 %1985: 11.3 %1986: 10.878 %1987: 11.4 %1988: 11.01 %1989: 10.861 %1990: 10.716 %1991: 11.475 %1992: 11.206 %1993: 9.871 %1994: 9.847 %1995: 9.687 %1996: 10.016 %1997: 10.584 %1998: 9.952 %1999: 10.069 %2000: 10.154 %2001: 10.858 %2002: 10.968 %2003: 9.94 %2004: 9.282 %2005: 9.346 %2006: 9.377 %2007: 9.88 %2008: 10.333 %2009: 12.036 %2010: 10.577 %2011: 9.99 %2012: 8.818 %2013: 8.624 %2014: 8.429 %2015: 8.128 %2016: 7.409 %2017: 7.844 %2018: 8.173 %2019: 7.851 %2020: 8.54 %2021: 8.424 %2022: 8.667 %2023: 8.58 %
%. Source: U.S. Census Bureau, Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved 2026-10-12, published 2025-09-25.
All 46 values
Period%
20238.58
20228.667
20218.424
20208.54
20197.851
20188.173
20177.844
20167.409
20158.128
20148.429
20138.624
20128.818
20119.99
201010.577
200912.036
200810.333
20079.88
20069.377
20059.346
20049.282
20039.94
200210.968
200110.858
200010.154
199910.069
19989.952
199710.584
199610.016
19959.687
19949.847
19939.871
199211.206
199111.475
199010.716
198910.861
198811.01
198711.4
198610.878
198511.3
198411.068
198311.274
198212.983
198111.433
198011.623
197910.765
197810.945

Compared with United States

Place2023
South Carolina8.58
United States9.396

South Carolina compared with nearby places

Alabama: 8.232 %Alaska: 9.122 %Arizona: 10.25 %Arkansas: 8.052 %California: 10.256 %Colorado: 11.172 %Connecticut: 8.473 %Delaware: 9.949 %District of Columbia: 8.862 %Florida: 10.909 %Georgia: 10.23 %Hawaii: 8.785 %Idaho: 10.426 %Illinois: 9.135 %Indiana: 8.424 %Iowa: 8.413 %Kansas: 8.326 %Kentucky: 8.203 %Louisiana: 8.056 %Maine: 8.624 %Maryland: 9.125 %Massachusetts: 8.442 %Michigan: 8.428 %Minnesota: 8.592 %Mississippi: 8.544 %Missouri: 9.576 %Montana: 9.705 %Nebraska: 8.214 %Nevada: 10.757 %New Hampshire: 8.522 %New Jersey: 9.58 %New Mexico: 9.245 %New York: 9.691 %North Carolina: 9.073 %North Dakota: 7.986 %Ohio: 8.152 %Oklahoma: 8.918 %Oregon: 9.82 %Pennsylvania: 8.159 %Rhode Island: 8.774 %South Carolina: 8.58 %South Dakota: 8.353 %Tennessee: 8.722 %Texas: 9.394 %Utah: 10.464 %Vermont: 8.57 %Virginia: 8.949 %Washington: 10.333 %West Virginia: 8.312 %Wisconsin: 8.095 %Wyoming: 10.319 %
  • Under 8.3
  • 8.3 to 8.5
  • 8.5 to 8.8
  • 8.8 to 9.3
  • 9.3 to 10
  • 10 and over
Establishment exit rate, 2023, %. South Carolina is outlined. Same source and period for every area shown. Source: U.S. Census Bureau. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Establishments that closed during the year (employees a year earlier and none in March of the year), as a percentage of the average number of establishments in the two years. United States: Census Bureau Business Dynamics Statistics.

Counts closed locations, including branches of firms that keep operating elsewhere, so it is not a firm failure rate. Not comparable with enterprise_death_rate, which counts enterprise deaths in Europe. The year is the twelve months to March: 2023 compares March 2022 with March 2023.

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How to cite

U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. 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

U.S. Census Bureau. (2025). Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010 (Establishment exit rate, South Carolina, 1978 to 2023) [Data set]. Retrieved October 12, 2026, from https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv

MLA 9

Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010, Establishment exit rate, South Carolina, 1978 to 2023. U.S. Census Bureau, 25 Sept. 2025, https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Invokely, https://invokely.ai/en/establishment-exit-rate/south-carolina. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Census Bureau. 2025. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. Establishment exit rate, South Carolina, 1978 to 2023. Dataset. Accessed October 12, 2026. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Also distributed by Invokely, https://invokely.ai/en/establishment-exit-rate/south-carolina.

Harvard

U.S. Census Bureau (2025) Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010, Establishment exit rate, South Carolina, 1978 to 2023 [Dataset]. Available at: https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv, via Invokely: https://invokely.ai/en/establishment-exit-rate/south-carolina (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_exit_rate_south_2023,
  author = {{U.S. Census Bureau}},
  title = {{Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010: Establishment exit rate, South Carolina, 1978 to 2023}},
  year = {2025},
  howpublished = {Data set},
  url = {https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/south-carolina. Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023\_st.csv. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Census Bureau
TI  - Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010: Establishment exit rate, South Carolina, 1978 to 2023
PY  - 2025
DA  - 2025/09/25
PB  - U.S. Census Bureau
DB  - Invokely
UR  - https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv
L2  - https://invokely.ai/en/establishment-exit-rate/south-carolina
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/south-carolina.
N1  - Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Retrieved 2026-10-12.
ER  -
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Questions

What is the establishment exit rate in South Carolina?

Establishment exit rate in South Carolina was 8.58% in 2023, according to the U.S. Census Bureau. That is down 0.09 pts from 2022. That is the 31st highest of 51 states in 2023.

Where does this figure come from?

U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved by Invokely on 2026-10-12.

What was the highest establishment exit rate in South Carolina?

12.983% in 1982, the highest value since 1978 in this series.

Establishment exit rate elsewhere in United States

Related statistics for South Carolina

All statistics for South Carolina | South Carolina in figures