bad news from business environment: The number of newly established companies decreases, the number of liquidated companies increases. According to data released this Friday by National Institute of Statistics (INE)Around 99,000 new companies were created in 2022, which means slightly more dynamism than in 2019 (reference year, because reference year Pandemic), but a 2% decrease over the previous year. In line with this, an additional 26,200 businesses in Spain last year blindly lowered, which means a 10% increase in 2021 numbers and in this case a 12% increase in pre-covid numbers. And judging by the x-ray last quarter of the yearthis may have just begun.
Between October and December, 7,800 companies were shut down across the country (30% of the total), which means the previous quarter’s numbers rose by almost 70% after two consecutive recovery periods. so, if The curve was up in March (even worse than December), the situation had improved significantly in June and much more September. But now the chart is doing well again and it is as well compared to last year.
Because while this liquidation dynamic at the beginning and end of the year is common, there are 12% more shutdowns in the last three months of 2022 than in the same period in 2021.
The difference is this year, both decline bankruptcy moratorium in the summer – a shield designed by the Government to prevent an accident avalanches of bankruptcy associated with covid-forced cessation of activity-, the macroeconomic situation seems to be starting to get really complicated. At the very least, this shows that the Spanish economy as a whole barely grew 0.2% in the same quarter; as predicted by most analysts and world organizations A much smaller increase in GDP in 2023 than in 2022; or even this employment figures It started to go wrong at the end of the year.
Commerce, real estate and construction
According to the industry analysis, trade This is the area with more closings during the year (19% of the total), but opening as many businesses as they closed as a percentage, making up 19% of the total. On the other hand, things don’t seem to be going well. structure, an area where 16% of dissolved companies operate, but only 12.7% of open companies operate. more of the same industrial landconcentrates 11% of closings and only 7% of openings. This hostelThe sector, which closed the year with the best balance, closed one out of every ten businesses that started operating. Hotelscafes or restaurantsand this same tissue concentrates only 5% of the solutions.
In short, the most opened in Spain this year shops; real estate, finance or insurance companies; companies operating in the field construction worldand businesses in the industry hostel.
opening of companies
And here’s some good news on the opening side: while the balance of the year as a whole is negative, the analysis of the last quarter’s initiatives is positive. 24,100 companies established in Spain between October and December, the best figure for the last quarter of recent years and 21% higher than summer, another usual difference, but considerably higher than in previous years. In fact, 18% of last year before covid.
In any case, this small respite is not enough. CataloniaThe number of joint stock companies already showed signs of stagnation in the first half of the year and began to decline in the second half.