Explain the trend of shop closure and opening in a country.

The chart illustrates the changes in the

number

of

shops

that closed and opened between 2011 and 2018 in a nation. In 2011, around 8500

shops

opened, while the

number

of closures was just above 6400. From

this

point, a downward trend can be seen, as the

openings

plummet to 4000, but the

rate

of closures decreased marginally and reached 6000 in 2012.

Moreover

, after several fluctuations, the

number

of

shops

closed reached 6500 by 2014, whereas

shop

openings

increased by 2300 and reached 6300.

Nonetheless

, the numbers in both categories decreased in 2015, as the

number

of

shops

closed plunged to 600 only, but the

shop

opening

rate

fell at a much slower

rate

and touched 4000.

Furthermore

, the

number

of

shops

closing in 2016 soared to 5100, and with a slight fall in 2017, it touched back to 5100.

In contrast

, with a minimal increase to 4100 in 2017, the

shop

opening

rate

diminished to 3000 by 2018. In summary, there were several variations in the amount of both

shop

closures and

openings

, but both showed a decreasing trend.

However

, enterprise

openings

decreased at a much higher

rate

compared to the closure

rate

, though the

shop

closure

number

became the least in 2015.