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In 2022, registered business units within the statistical business register amounted to 136,183, an increase of 1.2 per cent over 2021.

Registered units in Wholesale and retail trade (Section G) accounted for 13.8 per cent of the total registered units in 2022; Professional, scientific and technical activities (Section M) accounted for 13.3 per cent; Financial and insurance activities (Section K) accounted for 12.6 per cent; and Administrative and support service activities (Section N) accounted for 7.9 per cent (Table 1).

Most of the business units (97.3 per cent) employed between 0 to 9 persons (micro). The population of small (10 – 49) and medium (50 – 249) businesses accounted for 2,932 (2.2 per cent) and 606 (0.4 per cent) units respectively. The large businesses employing 250 and more amounted to 149 (0.1 per cent). The number of registered units that employ between 0 and 9 persons, increased by 1,327 units, an increase of 1.0 per cent, when compared with 2021. The registered units that employ between 10 and 49 persons, increased by 188 units, an increase of 6.9 per cent, when compared with 2021. (Chart 1, Table 1)

Chart 1. Registered units in 2022, by employments size

In 2022, 56.3 per cent of the registered units were sole owners or partnerships, 39.8 per cent were limited liability or public limited companies (Plc), while 3.9 per cent were governmental, non-profit or other types of legal organisations (Chart 2, Table 2).
New registrations in 2022 amounted to 10,293 units, whilst deregistrations amounted to 6,595 units. (Chart 3, Table 3, Methodological Note 8).

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