Data / Establishment exit rate / Virginia

Establishment exit rate in Virginia

Establishment exit rate in Virginia was 8.949% in 2023, according to the U.S. Census Bureau. That is down 0.61 pts from 2022. That is the 23rd highest of 51 states in 2023.

20238.949%
Change on 2022-0.61 pts
Rank23rd of 51US states ranked
Series high12.0871985
Series low7.8752019

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 Virginia, 1978 to 2023

7891011121319781985199219992006201320231978: 10.486 %1979: 9.845 %1980: 10.943 %1981: 10.965 %1982: 11.821 %1983: 10.246 %1984: 9.736 %1985: 12.087 %1986: 9.939 %1987: 10.783 %1988: 10.5 %1989: 10.679 %1990: 10.487 %1991: 12.036 %1992: 11.121 %1993: 9.714 %1994: 9.399 %1995: 9.223 %1996: 9.813 %1997: 10.452 %1998: 9.645 %1999: 10.278 %2000: 9.718 %2001: 10.082 %2002: 10.619 %2003: 9.826 %2004: 8.809 %2005: 9.416 %2006: 9.311 %2007: 10.191 %2008: 10.811 %2009: 11.081 %2010: 10.27 %2011: 9.886 %2012: 9.179 %2013: 9.06 %2014: 8.595 %2015: 8.618 %2016: 8.118 %2017: 8.608 %2018: 8.651 %2019: 7.875 %2020: 8.813 %2021: 9.714 %2022: 9.556 %2023: 8.949 %
%. 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%
20238.949
20229.556
20219.714
20208.813
20197.875
20188.651
20178.608
20168.118
20158.618
20148.595
20139.06
20129.179
20119.886
201010.27
200911.081
200810.811
200710.191
20069.311
20059.416
20048.809
20039.826
200210.619
200110.082
20009.718
199910.278
19989.645
199710.452
19969.813
19959.223
19949.399
19939.714
199211.121
199112.036
199010.487
198910.679
198810.5
198710.783
19869.939
198512.087
19849.736
198310.246
198211.821
198110.965
198010.943
19799.845
197810.486

Compared with United States

Place2023
Virginia8.949
United States9.396

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.

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, Virginia, 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, Virginia, 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/virginia. 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, Virginia, 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/virginia.

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, Virginia, 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/virginia (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_exit_rate_virginia_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, Virginia, 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/virginia. 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, Virginia, 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/virginia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/virginia.
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 Virginia?

Establishment exit rate in Virginia was 8.949% in 2023, according to the U.S. Census Bureau. That is down 0.61 pts from 2022. That is the 23rd 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 Virginia?

12.087% in 1985, the highest value since 1978 in this series.

Establishment exit rate elsewhere in United States

Related statistics for Virginia

All statistics for Virginia | Virginia in figures