Provides the latest modelled data on the impact and scale of tourism to Devon.
Somerset is a predominantly small business economy. In 2018, 99.8% of businesses in Somerset employed fewer than 250 employees, with 89.6% of those employing fewer than 10 people.
The number of businesses has been growing steadily in recent years, though at roughly half the rate seen nationally. At the same time, longer-term businesses survival rates (beyond two years) are marginally higher in Somerset than is the case nationally.
Being a rural county, Somerset has a far greater proportion of businesses in agriculture, forestry and fishing than is the case nationally. Conversely, it has a notably smaller proportion of businesses in professional, scientific and technical activities, as well as in information and communication.