ELSTAT: 6.1% increase in new business registrations in 2023
Based on ELSTAT's data on the sectors of economic activity with the largest contribution to the total turnover, according to the data of the Statistical Register of Businesses in 2020, the largest increase in the number of new business registrations, in 2023 compared to 2022, was recorded in the sector "Construction" (16.1%) and in the sector "Transport and Storage" (16.1%), while a decrease was recorded in the sector "Supply of Electricity, Natural Gas, Steam and Air Conditioning" (56.1%) and in the "Information and Communication" sector (3.7%).
Business bankruptcies stood at 11, while business bankruptcies for 2022 are not published for reasons of statistical confidentiality regarding the protection of the identity of businesses.
New business registrations for the entire economy in the fourth quarter of 2023 amounted to 27,542, showing a decrease of 9.2% compared to the fourth quarter of 2022 which had reached 30,316 and an increase of 18% compared to the third quarter of 2023 which had risen to 23,350.
For the sectors of economic activity with the largest contribution to the total turnover, according to the data of the Statistical Register of Businesses in 2020, the largest increase in the number of new business registrations, in the fourth quarter of 2023 compared to the fourth quarter of 2022, was recorded in the "Transport and Storage" sector (37.2%) and in the "Construction" sector (13.4%), while the corresponding largest decrease was recorded in the "Electricity, Natural Gas, Steam and Air Conditioning" sector (65.4 %) and in the "Information and Communication" sector (25.8%).
Business bankruptcies in Q4 2023 were 5, compared to 3 in Q4 2022.
By Large Geographical Region of Greece, the sectors of economic activity in which the largest number of new business registrations occurred:
*Northern Greece: "Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles", with 984 entries out of a total of 6,112.
*Central Greece: "Agriculture, Forestry and Fisheries", with 1,978 entries out of a total of 6,201.
*Attica: "Professional, Scientific and Technical Activities", with 2,211 entries out of a total of 11,602.
*Aegean Islands - Crete: "Agriculture, Forestry and Fisheries", with 1,370 entries out of a total of 3,627.
By category of Legal Form of business, the sectors of economic activity in which the largest number of new business registrations were recorded are:
*Individual Businesses: "Agriculture, Forestry and Fishing", with 4,732 entries out of a total of 17,908.
*Personnel Businesses: "Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles", with 984 entries out of a total of 4,471.
*Capital Enterprises: "Real Estate Management", with 114 entries out of a total of 464.
*Other Legal Forms: "Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles" with 794 entries and "Real Estate Management" with 794 entries, a total of 4,699.
