Number of Translation and Interpretation Services Businesses in the US (2000–2023)
As of 2023
58,460
translation and interpretation services businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The translation and interpretation services industry has grown 23.4% since 2000 (from 47,380 to 58,460 firms).
- •The peak year was 2023 with 58,460 firms.
- •Recent trend (last 5 years): the industry is growing (+4.1%).
- •Employment: 781,240 workers in 2023 (61.9% change since 2000).
- •Estimated 5-year survival rate: 58%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 58,460 | 69,661 | 781,240 | 13.2% | 10.4% | +2.2% |
| 2022 | 57,048 | 68,120 | 770,173 | 16.2% | 11.2% | +9.7% |
| 2021 | 55,976 | 65,011 | 696,420 | 13.9% | 12.6% | -0.0% |
| 2020 | 56,459 | 64,798 | 700,209 | 11.5% | 10.1% | +0.2% |
| 2019 | 56,135 | 64,128 | 699,520 | 12.4% | 9.7% | +3.8% |
| 2018 | 55,210 | 62,555 | 671,354 | 11.3% | 10.2% | +4.6% |
| 2017 | 54,573 | 62,056 | 644,118 | 11.6% | 9.7% | +2.4% |
| 2016 | 54,009 | 60,949 | 633,181 | 11.5% | 8.6% | +3.7% |
| 2015 | 53,100 | 59,375 | 608,007 | 11.0% | 9.2% | +3.7% |
| 2014 | 52,001 | 58,328 | 584,505 | 10.4% | 13.7% | +1.6% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.