Germany sees marginal increase in company formations in 2023
Published: 18th February 2025, 15:20
According to figures released by the German Federal Statistical Office (Destatis), the number of newly registered companies in Germany increased slightly in 2023 compared to the previous year. A total of 522,000 new companies were founded in the country, representing a 0.5% increase over the 519,000 new companies established in 2022.
The uptick in company formations is a positive sign for the German economy, indicating that entrepreneurship and business activity remain strong despite the ongoing challenges posed by the COVID-19 pandemic and the war in Ukraine. However, it is important to note that the increase in new company registrations was relatively modest, and the overall number of companies founded in Germany in 2023 was still below the pre-pandemic level.
The majority of new companies established in Germany in 2023 were small businesses, with 90% of them having fewer than 10 employees. The most common types of businesses founded were in the services sector, followed by trade and manufacturing.
In terms of regional distribution, the majority of new company formations took place in the more economically developed regions of Germany, such as Bavaria, Baden-Württemberg, and North Rhine-Westphalia. However, there was also a notable increase in company formations in eastern Germany, indicating that the region is becoming increasingly attractive to entrepreneurs.
Overall, the slight increase in company formations in Germany in 2023 is a positive sign for the economy. However, it remains to be seen whether this trend will continue in the coming years, and whether the number of new companies founded will return to pre-pandemic levels.
Germany’s number of companies established in 2023 increased slightly from the previous year.
The AI has provided us with the news.
I asked Google Gemini the following question.
日本貿易振興機構 a new article on 2025-02-18 15:20 titled “ドイツの2023年の会社設立件数は前年比で微増”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
133