The graph illustrates the number of shop closures and new shop openings in a particular country from 2011 to 2018.
In 2011, the number of shop closures was quite high, nearing 7,000, while the openings were slightly above 8,000. From 2012 to 2014, both closures and openings followed a similar downward trend, with closures decreasing to around 6,000 and openings falling to approximately 4,000.
Interestingly, in 2014, the number of closures surpassed the openings, with closures remaining steady at around 6,500, while openings continued to decline to about 4,000. A significant dip is observed in 2015, where closures plummeted to just over 5,000 and openings reached their lowest point of around 2,500.
The trend reversed sharply in 2016, as the number of closures drastically dropped to around 800, and openings saw a considerable rise, surpassing 4,000. Between 2016 and 2018, the number of closures gradually increased again, reaching about 5,000, while the openings fluctuated but generally increased, peaking at around 4,000 in 2018.
Overall, the graph indicates that the number of shop closures generally trended downwards with some fluctuations, whereas the number of new shop openings experienced a significant drop followed by a recovery in the later years.