Featured data: Open Data on business climates
Publication Date/Time
2017-03-23T10:00:00+00:00
What Open Data is published concerning business climates?
Creating a business friendly environment for existing small and
medium-sized enterprises (SMEs) and potential entrepreneurs is one of
the European Union's main objectives
[https://ec.europa.eu/growth/smes/business-friendly-environment_en].
Also on a national level, having a favourable business climate is
often seen as an important factor to create employment and to drive
economic growth. What can Open Data tell us about business climates in
Europe?

This
[/data/en/dataset/http-datos-gob-es-catalogo-a17002943-indicadores-confianza-empresarial-expectativas-tendencia-c]
dataset provides some insights in the expectations and trust of
Spanish companies if it comes to the economic outlook in their
country. This dataset is updated once each quarter, as it is based on
a quarterly survey. The expectations regarding the business climate
are often related to consumer sentiment. An example regarding consumer
sentiment on a city-level comes from Dublin
[/data/en/dataset/dublin-economic-monitor-april-2016], and is based on
the Dublin Economic Monitor. The graph below shows the development of
consumer sentiment in both Dublin and Ireland as a whole.
[https://data.europa.eu/sites/default/files/img/media/consumer-sentiment-dublin-ireland.png]
While the above datasets include data for specific countries or
cities, this [/data/en/dataset/investment-climate-entrepreneurship]
dataset allows for comparisons between countries. It provides data
about the business ownership rate, the growth of companies, and
prospective and young entrepreneurs. Many young entrepreneurs and a
positive attitude towards entrepreneurship are an indication of a
favourable investment climate.

The business climate impacts the number of business registrations.
Business registrations, as indicated by VAT registrations, can be
explored for instance in this dataset
[/data/en/dataset/value-added-tax-vat-registrations-by-sector]. This
dataset shows the amount of VAT registrations per sector in Ireland
[https://data.gov.ie/data], as illustrated below.
[https://data.europa.eu/sites/default/files/img/media/vat-registrations-by-sector.png]
Would you like to know more about business climates on a national
(e.g. in the Netherlands
[/data/en/dataset/conjunctuurenquete-nederland-maand]) or on a
European [/data/en/dataset/hqvft4uwwfjvba11tqdw] level? Explore it
yourself by taking a look in our database [/data/en/dataset]!
