Establishing a company also involves running the risk of failure. After a few years, some entrepreneurs are forced to shut down.
According to the FSO Business demography statistics, the average survival rate of new businesses founded in Switzerland in 2021 is 84.4% after a year of existence.
The survival chances at one year are slightly higher in the secondary sector, at 85.8%, compared to 84.2% in the tertiary sector. After two years of existence, businesses in the tertiary sector show a survival rate of 72.5%, compared to 73.8% for the secondary sector (2020 cohort). After three years of existence, the trend remains similar, at 62.1% in the tertiary sector and 63.3% in the secondary sector (2019 cohort). After five years of existence, these figures increase to 50.2% in the tertiary sector and 49.7% in the secondary sector (2017 cohort).