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The number of business births has fallen for the year 2017, following a rise in the previous three years. There were 37580 businesses in Devon in 2018, 9.5% more than in 2014. However the growth in businesses is slower than the national average, which has seen the number grow by almost 18% over the same period.

The three year survival rate of businesses has stayed above 63% since 2011, consistently well above the UK average. This is the same for the five-year survival rate which for Devon is almost 47%, with the UK’s at 43%.

Number of Businesses
3 Year Business Survival Rate
Business Growth 2014-2018

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