Mon - Fri: 9:00 - 17:30
Sat-Sun Closed
+356 21244895
Phone
55/1 Giuseppe Calì Street XBX1425 Ta' Xbiex Malta

STATISTICS MALTA

Over 140.000 Business Units Registered in 2023, with Microenterprises Leading the Way

Pin It
microIn 2023, registered business units within the statistical business register amounted to 140,540, an increase of 2.4 per cent, or 3,334 registered units, over 2022.

Registered units in Professional, scientific and technical activities accounted for 13.6 per cent of the total registered units in 2023; Wholesale and retail trade  accounted for 13.4 per cent; Financial and insurance activities accounted for 12.2 per cent; and Administrative and support service activities accounted for 7.9 per cent.

Most of the business units (97.4 per cent) employed between 0 to nine persons (micro). The population of small (10 – 49) and medium (50 – 249) businesses accounted for 2,899 (2.1 per cent) and 608 (0.4 per cent) units respectively. The large businesses employing 250 and more amounted to 152 (0.1 per cent). The number of registered units employing between 0 and nine persons increased by 3,297 units, resulting in an increase of 2.5 per cent when compared with 2022. The registered units employing between 10 and 49 persons increased by 37 units, equivalent to an increase of  1.3 per cent, when compared with 2022.

In 2023, 57.0 per cent of the registered units were sole owners or partnerships, 39.3 per cent were limited liability or public limited companies (Plc), while 3.7 per cent were governmental, non-profit or other types of legal organisations.

New registrations in 2023 amounted to 10,016 units, whilst deregistrations amounted to 9,763 units

 

NSO

 

ARTICLE WRITTEN BY NSO

FOLLOW THE UPDATES ON NSO

 

Image
Image
Image
Image
Image
Image
Image
Image
Image
© Copyright 2024 MALTESE ITALIAN CHAMBER OF COMMERCE. All Rights Reserved.