In Group H, the rate of “fast-growing according to revenue” enterprises is 0.51%.

In the period of 2014-2019, the annual average of “Fast Growing Initiatives by Revenue” is 0.50% in Group H.

“Fast Growing Initiatives by Revenue” in Group H increased 18.52% in 2019 compared to 2014.

Startups in Group H prefer to grow “by revenue”. While the number of “Growth by Revenue” increases in Group H, “Growth by Employment” remains at a certain level with a slight decrease.

Number Of Fast Growing Enterprises By Revenue

  2014 2015 2016 2017 2018 2019 2014-2019 Change 2014-2019 Average
Turkey's Total Enterprises 2.888.180 2.981.381 3.100.412 3.160.371 3.228.421 11,78%  
Turkey - Fast Growing by Revenue 37.625 40.038 37.249 41.168 38.169 33.245 -11,64%  
Turkey - Fast Growing by Revenue / Total Venture Turkey 1,30% 1,36% 1,25% 1,33% 1,21% 1,03%   1,25%
Group H Total Venture 440.063 443.521 438.453 456.804 459.000 463.708 5,37%  
Group H - Fast Growing By Revenue 1.987 2.254 2.193 2.401 2.220 2.355 18,52%  
Group H - Fast Growing by Revenue / Total Venture Group H 0,45% 0,51% 0,50% 0,53% 0,48% 0,51%   0,50%
Group H - Fast Growing by Revenue / Turkey - Growing fast by revenue 5,28% 5,63% 5,89% 5,83% 5,82% 7,08%    

For other data that may be related to this statistic, you can refer to the page Rate Of Fast Growing Enterprises By Employment

 

Source:  TUIK Entrepreneurship and Business Demography-2017-2019, Distribution of fast-growing enterprises by sectors, 2014-2019

 

  • Fast-growing enterprise: Startups that grow an average of 10% annually over a 3-year period are considered fast-growing enterprises It can be calculated on growth, revenue or employment. Fast-growing enterprises are those with an employment above the 10 threshold for paid employees.
  • Group H: Transport and Storage

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