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In 2021, there were 55,950 active business units in Malta.

Business Demography: 2021

Provisional figures for 2021 show that there were 55,950 active business units in Malta, an increase of 8.6 per cent, or 4,430 units, over 2020. The largest increase in the number of active business units, was observed in the Transportation and storage sector, followed by the Professional, scientific and technical activities  and Construction

The Wholesale, retail trade and repair of motor vehicles and motorcycles sector accounted
for 18.1 per cent of the active business units; Professional, scientific and technical activities  accounted for 13.4 per cent, whilst Construction accounted for 9.7 per cent. In 2021, 69.6 per cent of the active business units were sole proprietors and partnerships, 28.1 per
cent were limited liability companies or public limited liability companies (Plc), while 2.3 per cent were non-profit organisations, cooperatives, corporations, branches or joint ventures.

The number of new registrations within the active business population decreased by 36.0 per cent while deregistrations increased by 26.0 per cent over 2020 .
Compared to the situation a year earlier, micro business units employing between 0 and 9 persons increased by 9.0 per cent, while small business units employing between 10 and 49 persons, increased by 2.8 per cent. Medium-sized business units employing between 50 and 249 persons decreased by 2.2 per cent .
There were 18,227 employers in Malta in 2021, an increase of 8.5 per cent, over the previous year.

ARTICLE WRITTEN BY NSO

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