Hawaiʻi Dashboard › Economy & Workforce
Economy & Workforce
Hawaii Net Employer Business Formation
Hawaii’s net employer business formation was 0.4% in 2023, ranked #43 of 50 states.
View interactive chart →By county (2023)
| County | Net Employer Business Formation |
|---|---|
| Honolulu | -0.1% |
| Hawaiʻi | 1.3% |
| Maui | 1.1% |
| Kauaʻi | 1.6% |
Recent state trend
| Year | Hawaii |
|---|---|
| 2023 | 0.4% |
| 2022 | 2.7% |
| 2021 | -3.6% |
| 2020 | -1.0% |
| 2019 | 0.7% |
| 2018 | 0.6% |
Why this matters
Net business formation shows whether Hawaiʻi is adding more employer firms than it is losing. Hawaiʻi has about 34,000 employer establishments, so each percentage point on this rate represents roughly 340 firms' worth of net change.
Related Hawaii data
Open the full interactive chart → for the historical series, US-state rankings, and rank history.
Source: Census Business Dynamics Statistics. Series covers 1978–2023.