In Group H, the rate of “fast-growing according to employment” enterprises is 0.38%.
In the 2014-2019 period, the annual average of “Fast Growing Enterprises by Employment” is 2.34% in Group H.
“Fast Growing Initiatives by Employment” in Group H decreased 2.13% 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.
Fast Growing Number of Startups by Employment
|2014||2015||2016||2017||2018||2019||2014-2019 Change||2014-2019 Average|
|Turkey Total Venture||2.888.180||2.941.233||2.981.381||3.100.412||3.160.371||3.228.421||11,78%|
|Turkey - According to Employment||31.470||30.106||27.026||26.840||25.528||23.013||-26,87%|
|Turkey - According to the Employment / Turkey Total Venture||1,090%||1,024%||0,906%||0,866%||0,808%||0,713%||5,406%|
|Group H Total Initiative||440.063||443.521||438.453||456.804||459.000||463.708||5,37%|
|Group H - By Employment||1.781||1.819||1.786||1.715||1.691||1.743||-2,13%|
|Group H - By Employment / Group H Total Venture||0,405%||0,410%||0,407%||0,375%||0,368%||0,376%||2,342%|
|Group H - By Employment / Turkey - by Employment||5,66%||6,04%||6,61%||6,39%||6,62%||7,57%|
For other data that may be related to this statistic, you can refer to the pages “Percentage of Fastest Growing Initiative by Revenue“
- 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.
- Turkey employment share in 2019 of growing enterprises, according to employment in general is 15.6% and revenue share is 15.2%; share of employment for the growing initiative by employment in 2014 is 20.3% and revenue share is 20.1%. In addition, the share of employment in 2019 of growing enterprises, according to the revenue in Turkey, is 18.7% and revenue share is 27.6%; share of employment for growing enterprises by revenue in 2014 is 21,1% and revenue share is 26.6%. Fast-growing companies seem to prefer revenue-based growth over employment contribution.
- Group H: Transport and Storage