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GeraMarket / UK Business Vitality / Mid Devon

Mid Devon Business Vitality Score

GBVS 55.7/100Rank 47 of 354 UK local authorities · 2024

What is the business vitality score for Mid Devon in 2024?

In 2024, Mid Devon scores 55.7/100 on the Gera Business Vitality Score (GBVS), ranking 47 of 354 UK local authorities. The area recorded 320 business births, 49.1% 5-year enterprise survival, and 3,485 active enterprises, per ONS Business Demography 2024 (OGL v3.0).

Source:ONS Business Demography 2024·as of 2024updated annually (last: )
Gera Business Vitality Score (GBVS)55.7/100 — Moderate vitalityMid Devon · Rank 47 of 354 UK local authorities · ONS Business Demography 2024How this index is calculated

GBVS component breakdown

49.1%

5-year survival rate

Weight: 50% · 2019 cohort

+1.1%

Net birth rate

Weight: 30% · (births − deaths) / active

3,485

Active enterprises

Weight: 20% · normalised density

Mid Devon business data (2024)

ONS Business Demography 2024 — Mid Devon (GSS code: E07000042)
MetricMid Devon (2024)UK context
Gera Business Vitality Score (GBVS)55.7/100Mean: 50.0/100
5-year enterprise survival rate49.1%UK: 38.4%
Enterprise births (2024)320
Enterprise deaths (2024)280
Net birth rate+1.1%
Active enterprises (2024)3,485
National rank (GBVS)47 of 354

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Frequently asked questions

What is the business survival rate in Mid Devon?
In Mid Devon, 49.1% of enterprises born in 2019 survived to their 5th year (2023), per ONS Business Demography Table 5.1a. The UK average 5-year survival rate is 38.4%.
How many businesses were started in Mid Devon in 2024?
ONS Business Demography 2024 records 320 enterprise births and 280 enterprise deaths in Mid Devon, giving a net birth rate of +1.1% relative to the 3,485 active enterprises.
What does the Gera Business Vitality Score (GBVS) mean for Mid Devon?
A GBVS of 55.7/100 indicates moderate business vitality. The score combines 5-year survival rate (50% weight), net business birth rate (30%), and active enterprise density (20%), each normalised across all 354 UK local authorities. Mid Devon ranks 47th nationally.
How does Mid Devon compare to other UK areas for business?
Mid Devon ranks 47 of 354 UK local authorities on the GBVS. Similar-scoring areas include: Derry City and Strabane (63.7/100), Hackney (63/100), Fermanagh and Omagh (62.6/100), Islington (62.3/100), Mid Ulster (61.9/100).

Contains public sector information published by Office for National Statistics and licensed under the Open Government Licence v3.0. Source: ONS Business Demography 2024 (2024, published 20 November 2025).