"Figure 2: The five-year survival rate for UK businesses born in 2016 is 38.4%","" "Survival rates of UK businesses born between 2016 and 2021","" "","" "Notes","1. There was a change in the reference period for the 2016 data. Please refer to the [Measuring the data section](https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/bulletins/businessdemography/2021#measuring-the-data) for further information." "Unit","percentage" "","" "","1 year survival","2 year survival","3 year survival","4 year survival","5 year survival" "Births 2016","95.2","71.1","54.1","44.9","38.4" "Births 2017","93.7","72.9","56.1","46.0",":" "Births 2018","94.8","74.1","57.6",":",":" "Births 2019","94.6","74.6",":",":",":" "Births 2020","92.9",":",":",":",":"