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ListofEUandEFTAcountries
BEBelgiumESSpainHUHungarySKSlovakia
BGBulgariaFRFranceMTMaltaFIFinland
CZCzechiaHRCroatiaNLNetherlandsSESweden
DKDenmarkITItalyATAustria
DEGermanyCYCyprusPLPolandISIceland
EEEstoniaLVLatviaPTPortugalLILiechtenstein
IEIrelandLTLithuaniaRORomaniaNONorway
ELGreeceLULuxembourgSISloveniaCHSwitzerland
KEYFIGURESON
EUROPEANBUSINESS
2024EDITION
PrintedbyImprimerieBietlotinBelgium
ManuscriptcompletedinMay2024
ThisdocumentshouldnotbeconsideredasrepresentativeoftheEuropeanCommission’s
officialposition.
Luxembourg:PublicationsOfficeoftheEuropeanUnion,2024
©EuropeanUnion,2024
TheCommission’sreusepolicyisimplementedbyCommissionDecision2011/833/EUof12
December2011onthereuseofCommissiondocuments(OJL330,14.12.2011,p.39,ELI:http://
data.europa.eu/eli/dec/2011/833/oj).
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Thismeansthatreuseisallowed,providedappropriatecreditisgivenandanychangesare
indicated.
ForanyuseorreproductionofelementsthatarenotownedbytheEuropeanUnion,permission
mayneedtobesoughtdirectlyfromtherespectiverightholders.TheEuropeanUniondoesnot
ownthecopyrightinrelationtothefollowingelements:
—maps,administrativeboundaries©EuroGeographics©UN-FAO©Turkstat
Kosovo-thisdesignationiswithoutprejudicetopositionsonstatus,andisinlinewithUNSCR
1244/1999andtheICJOpinionontheKosovodeclarationofindependence.
Theboundariesandnamesshownandthedesignationsusedonthemapsdonotimplyofficial
endorsementoracceptancebytheEuropeanUnion.
Theme:Industry,tradeandservices
Collection:Keyfigures
Print:ISBN978-92-68-15530-1ISSN:1830-9720doi:10.2785/561679KS-ET-24-001-EN-C
PDF:ISBN978-92-68-15531-8ISSN:2812-099Xdoi:10.2785/659794KS-ET-24-001-EN-N
Foreword
KeyfiguresonEuropeanbusinesspresentsa
selectionofbusinessstatisticsfortheEuropean
Union(EU),EUcountriesandEuropeanFreeTrade
Association(EFTA)countries,drawingfromthe
richcollectionofdatathatareavailableatEurostat.
Businessstatisticscanbeusedtodescribethe
structure,conductandperformanceofbusinesses
intheEUatadetailedsectorallevel.Theycanalso
beusedtoidentifyemergingtrendswithintheEU’s
businesseconomy,tracingmonthlyorquarterly
developmentsforindicatorssuchasoutput,output
pricesorlabourinput.
partsofthebusinesseconomystartswithan
overviewoftheeconomicstructure(intermsof
valueaddedandemployment)andthenshows
developmentsthroughto2023.The2024edition
isenhancedwithdataonmultinationalenterprise
groupsaswellasonelectricandhybridcars.
Severalissueshaveimpactedbusinessesacross
theEUinrecentyears.TheseincludetheCOVID-19
pandemic,itsrelatedrestrictionsanditslonger-term
disruptionofsupplychains,aswellashigherlevelsof
inflationandtheRussianmilitaryaggressionagainst
Ukraineandtherelatedsanctions.
KeyfiguresonEuropeanbusinessoffersabalanced
setofindicators.Itstartswithanoverviewofthe
businesseconomyandisfollowedbymoredetailed
presentationsofits4specificparts–industry,
construction,distributivetradesandothermarket
services.Thepublicationcloseswithachapteron
tourism.Eachofthechaptersfocusingondifferent
Eurostat’smostup-to-datestatisticsshowingthe
economicandsocialimpactsofvariousrecentevents
canbefoundonlineintheEuropeanStatistical
MonitorandtheEuroindicatorsdashboard.
Ihopethatyoufindthispublicationinterestingand
useful.
PetraSneijers
ActingDirectorofBusinessandTradeStatistics,
Eurostat
KeyfiguresonEuropeanbusiness–2024edition3
Abstract
Abstract
KeyfiguresonEuropeanbusinesspresentsaselectionofbusinessstatisticsfortheEuropeanUnion
(EU),EUcountriesandEFTAcountries.Forsomereaders,thispublicationmayofferanintroduction
toEuropeanbusinessstatistics,whileotherscanuseitasastartingpointtoexplorefurtherawide
rangeofdataandinformation.ThesearefreelyavailableonEurostat’swebsiteandinStatistics
Explainedarticles.
Editors
Eurostat,UnitB4–Disseminationandusersupport
Eurostat,UnitG3–Businesscycle;short-termstatistics
Contactdetails
Eurostat
BâtimentJosephBech
5,rueAlphonseWeicker
2721Luxembourg
E-mail:estat-user-support@ec.europa.eu
Productionandlayout
INFORMAs.àr.l.workingundercontractforEurostat
Formoreinformation
Eurostat’swebsite:https://ec.europa.eu/eurostat
StatisticsExplained:https://ec.europa.eu/eurostat/statistics-explained
Acknowledgements
TheeditorsofthispublicationwouldliketothankcolleaguesinEurostatwhowereinvolvedinits
preparation.
•EurostatUnitG1–Coordinationandinfrastructuredevelopment:IsabelleCollet,PauGayàRiera,
EnricaMorgantiandTatianaMrlianova
•EurostatUnitG2–Europeanbusinesses:GemmaAsero,Andreia-MihaelaDănilă,Christophe
Demunter,Roxana-DianaIlisei,JukkaJalava,GregorKyi,RenataLewczuk,RenataMinich,Pierre
NinaneandSarmiteVisocka
•EurostatUnitG3–Businesscycle;short-termstatistics:JussiAla-Kihniä,AlexandruGherasim,
ValentinIvanov,ThomasJaegers,Constantin-AlinPopescu,PetraSneijersandZsoltVölfinger
•EurostatUnitG4–Innovationanddigitalisation:UrskaArsenjuk,AlvaroDiezSoto,DimoDimov,
DanielaEnache,MichaelaGrell,MagdalenaKaminska,ȘtefaniaPanaitescuandSorina-CarmenVâju
•EurostatUnitG5–Tradeingoods:UlrichEidmann,MicheleMarottaandAntonRoodhuijzen
•EurostatUnitG6–Tradeinservices;globalisation:AgneBikauskaite,GeorgiosPapadopoulosand
IliyanaSavova
4
KeyfiguresonEuropeanbusiness–2024edition
Contents
Foreword3
Introduction6
Businessdynamics9
Sizeofbusinesses10
Multinationalenterprisegroups13
Entrepreneurship16
Researchanddevelopment21
Innovation24
Digitaltransformation27
Sectoraloverview29
Industry37
Structure38
Developments41
Focusonhigh-techindustry44
Focusonhybridandelectriccars46
Construction47
Structure48
Developments51
Focusonbuildingconstruction54
Distributivetrades57
Structure58
Developments62
Othermarketservices67
Structure68
Developments73
Focusoninformationandcommunicationservices75
Tourism79
Structure80
Tourismflows81
KeyfiguresonEuropeanbusiness–2024edition5
Introduction
EurostatisthestatisticalofficeoftheEuropeanUnion
(EU).Ourmissionistoprovidehigh-qualitystatistics
onEurope,offeringbothcitizensanddecision-makers
keyinformationontheEU’seconomy,societyand
environment.
KeyfiguresonEuropeanbusinessdescribesthe
currentbusinesseconomyoftheEUandthe
EuropeanFreeTradeAssociation(EFTA)countries.
Short-termbusinessstatisticsandtourismstatistics
aregenerallypresenteduntiltheendof2023,
revealingtheimpactofrecenthigherlevelsof
inflation.Structuralbusinessstatisticsarenow
availableforthe2021referenceyear,stillreflecting
theimpactoftheCOVID-19pandemicand
containmentmeasures.
Structureofthepublication
ondifferentpartsofthebusinesseconomy(industry,
construction,distributivetradesandothermarket
services),andafinalchapterfocusingontourism.
Eachofthe4chaptersfocusingonpartsofthe
businesseconomystartswithanoverviewoftheir
structure.Theycontinuewithinformationonannual
developmentsfrom2015until2023(thelatestyear
forwhichannualindicesareavailableatthetimeof
writing);somequarterlydataareavailableforthe
firstquarterof2024.In3ofthesechapters,readers
canfindinformationonaparticularaspect:high-
techsectorsandproductsforindustry,buildingsfor
construction,andinformationandcommunication
servicesforothermarketservices.
Thetourismchapterfirstpresentsastructural
overview,thenlooksatinformationonnightsspent
intouristaccommodationandnightsbookedthrough
mainbookingplatforms.
KeyfiguresonEuropeanbusinessprovidesan
overviewofthewealthofinformationaboutthe
businesseconomy,whichisavailableonEurostat’s
websiteandinitsonlinedatabase.
Thepublicationisdividedintoanoverviewofthe
wholebusinesseconomy,apresentationofthe
businesseconomy’sstructure,4chaptersfocusing
Dataextractionandcoverage
Dataextraction
Thestatisticaldatapresentedinthispublication
wereextractedinAprilorMay2024.Eurostat’sonline
databasemaycontainreviseddata.
6
KeyfiguresonEuropeanbusiness–2024edition
Introduction
Spatialdatacoverage
ThispublicationpresentsinformationfortheEU
(asum/averagecoveringthe27EUcountries),its
individualcountries(MemberStates)andEFTA
countries.
Thecountriesinthefiguresareusuallyranked
accordingtothevaluesfortheindicator(s)illustrated.
Referencesinthepublicationtonorthern,eastern,
southernorwesternEuropearebasedongroupings
inEUvocabularies.
Timeseriesfromshort-termbusinessstatisticsare
presentedinmostchaptersofthispublication:the
entrepreneurshippartofChapter1;thedevelopments
partsofChapters3to6;andthefocuspartsof
Chapters4(focusonbuildingconstruction)and6
(focusoninformationandcommunicationservices).
Theindicespresentedinthesetimeserieswere
compiledwith2021astheirbaseyear.Reflectingthe
factthattimeseriesinthispublicationarepresented
from2015,thesetimeserieshavebeenre-referenced
to2015=100.
ThemapontheinsidecoverpageshowstheEUand
EFTAcountries,pinpointingtheircapitalcities.
Countrycodesandnames
BEBelgium
BGBulgaria
CZCzechia
DKDenmark
DEGermany
EEEstonia
IEIreland
ELGreece
ESSpain
FRFrance
HRCroatia
ITItaly
CYCyprus
LVLatvia
LTLithuania
LULuxembourg
HUHungary
MTMalta
NLNetherlands
ATAustria
PLPoland
PTPortugal
RORomania
SISlovenia
SKSlovakia
FIFinland
SESweden
ISIceland
LILiechtenstein
NONorway
CHSwitzerland
Temporaldatacoverage
Ifdataforareferenceyear(orreferenceperiod)aren’t
availableforacountry,theauthorsmadeeffortsto
completethecoveragewithdataforthenextmost
recentreferenceyear.Theseexceptionsarefootnoted.
Readersshouldpayparticularattentiontothese
deviationswhenthestandardreferenceyearis2020or
2021:forsomeindicators–particularlythoseimpacted
bytheCOVID-19crisis–largechangesin2020and/or
2021meanthatearlierdatamaynotbeagoodproxy
formissing2020or2021data.
Economicactivitycoverage
Thestatisticalclassificationofeconomicactivitiesin
theEuropeanCommunity(NACERev.2)isusedto
defineeconomicactivities.Withinthispublication,
thefollowingtermsforrangesofeconomic
activitiesareapplied–allbasedontheNACERev.2
classification.
•Alleconomicactivities/wholeeconomy–
SectionsAtoU.
•Businesseconomy–coversindustry,construction,
distributivetradesandothermarketservices(as
definedbySectionsBtoSexcludingSectionOand
Division94).Thiscoverageisusedforstructural
businessstatistics,businessdemography,and
businessregistrationsandbankruptcies.
•Coreinnovationactivities–coversindustry;
transportationandstorageservices;information
andcommunicationservices;financialand
insuranceactivities;wholesaletrade;architectural
andengineeringactivities,technicaltestingand
analysis;scientificresearchanddevelopment;
advertisingandmarketresearch(asdefinedby
SectionsBtoE,H,J,KandDivisions46and71to
73).
•Industry–coversminingandquarrying;
manufacturing;electricity,gas,steamandair
conditioningsupply;watersupply,sewerage,
wastemanagementandremediationactivities
(asdefinedbySectionsBtoE).Fortheindustrial
productionindexasusedinChapter3(sectionon
‘Developments’),industryexcludeswatersupply,
sewerage,wastemanagementandremediation
activities(asdefinedbySectionE).
KeyfiguresonEuropeanbusiness–2024edition7
Introduction
•Manufacturing–SectionC.
•High-techmanufacturing–coversthe
manufactureofbasicpharmaceuticalproducts
andpharmaceuticalpreparations;themanufacture
ofcomputer,electronicandopticalproducts;the
manufactureofairandspacecraftandrelated
machinery(asdefinedbyDivisions21and26and
Group30.3).
•Construction–coverstheconstruction
ofbuildings;civilengineering;specialised
constructionactivities(asdefinedbySectionF).
•Non-financialservicesasusedforshort-term
businessstatisticsinChapter6(sectionon
‘Developments’)–generallycoversSectionsHto
JandLtoN.Someactivitiesaren’tcovered,such
asactivitiesofheadoffices,scientificresearchand
development,andveterinaryactivities.
•Othermarketservices–coversmarketservices
outsideofdistributivetrades(asdefined
bySectionsHtoSexcludingSectionOand
Division94).
•Coreinnovationservices–coverstransportation
andstorageservices;informationand
communicationservices;financialandinsurance
activities;wholesaletrade;architecturaland
engineeringactivities,technicaltestingand
analysis;scientificresearchanddevelopment;
advertisingandmarketresearch(asdefinedby
SectionsH,J,KandDivisions46and71to73).
•Distributivetrades–coverswholesaleandretail
trade;repairofmotorvehiclesandmotorcycles(as
definedbySectionG).
•Informationandcommunicationservices–covers
publishingactivities;motionpicture,videoand
televisionprogrammeproduction,soundrecording
andmusicpublishingactivities;programming
andbroadcastingactivities;telecommunications;
computerprogramming,consultancyandrelated
activities;informationserviceactivities(asdefined
bySectionJ).
•Touristaccommodation–covershotelsandsimilar
accommodation;holidayandothershort-stay
accommodation;campinggrounds,recreational
vehicleparksandtrailerparks(asdefinedby
Groups55.1to55.3).
FormoreinformationabouttheNACERev.2
classification,pleaserefertoEurostat’sdedicated
sectiononNACE.
Notesandflags
Notesandflagsareusedtoexplainanddefine
specificcharacteristicsofdata.Inthispublication,
thesehavebeenrestrictedasfaraspossibleinorder
toallowmorespaceforillustratingthedata.This
publicationincludesonlythemainnotesneeded
tointerpretthedataandtohighlightwhendatafor
1yearhavebeenreplacedbydataforanother.Data
notshowninindividualfiguresmaysimplynotbe
availableormaybeconfidential.Thefullsetofnotes
andflagsisavailableonEurostat’swebsiteviathe
onlinedatacode(s)presentedforeachmaporfigure.
AccessingEuropeanstatistics
ThesimplestwaytoaccessEurostat’swiderangeof
statisticalinformationisthroughEurostat’swebsite.
Eurostatprovidesuserswithfreeaccesstoits
databaseandpublications.Thewebsiteisupdated
dailyandpresentsthelatestandmostcomprehensive
statisticalinformationavailableontheEUaswellas
individualEU,EFTAandenlargementcountries(for
somedatasets,informationmaybeprovidedfora
widerrangeofnon-EUcountries).
Youcanuseonlinedatacodes,suchassbs_ovw_act,
tofindthemostrecentdatainEurostat’sonline
databaseorusingtheEurostatwebsite’ssearch
function.Thesedatacodesareincludedinthesource
beloweachmaporfigure.
Someoftheindicatorspresentedinthispublication
canbecomplex.TheStatisticsExplainedwebsite
providesacomprehensiveonlineglossarycontaining
definitionsofabroadrangeofstatisticalindicators,
conceptsandterms.Wheneveraspecialisttermis
usedinthetext,it’slinkedtoitsglossarydefinition.
8
KeyfiguresonEuropeanbusiness–2024edition
1
Businessdynamics
1
Businessdynamics
Sizeofbusinesses
Businessstatisticscoverindustry,construction,distributivetradesandothermarket
services.Theyexcludesomeeconomicactivities,suchasagriculture,forestryandfishing
aswellaspublicadministration.
Keybusinessstatisticsforthebusinesseconomy
(EU,2021)
In2021,therewere31.0millionenterprisesintheEU’sbusinesseconomy.
Togethertheyemployed156.1millionpersonsandcreated€9.4trillionof
wealthasmeasuredbyvalueadded.
Note:thebusinesseconomycovers
industry,construction,distributive
tradesandothermarketservices.
Source:Eurostat(onlinedatacode:
sbs_ovw_act)
10
KeyfiguresonEuropeanbusiness–2024edition
1Businessdynamics
Keybusinessstatisticsinthebusinesseconomy
(%,shareforeachenterprisesizeclass,EU,2021)
Note:enterprises,estimatesmadeforthepurposeofthis
publication.Somesharesdonotsumto100.0%forreasonsof
rounding.
Source:Eurostat(onlinedatacode:sbs_sc_ovw)
In2021,theoverwhelmingmajority(99.1%)ofactive
EUbusinessesweremicroorsmallenterprises
employingfewerthan50persons.Theireconomic
weightwaslowerintermsoftheircontribution
toemploymentorvalueadded:microandsmall
enterprisesemployedjustunderhalf(49.0%)of
theEU’sbusinesseconomyworkforce,whilethey
contributedjustoveronethird(35.4%)ofthevalue
added.
In2021,therewere51000largeenterprises(with250
ormorepersonsemployed(1))intheEU’sbusiness
economy.Theselargeenterprisesrepresentedless
than1%(just0.2%)ofthetotalnumberofenterprises.
However,theireconomicweightwasconsiderably
greater:largeenterprisesemployedmorethanone
third(35.6%)oftheEU’sbusinesseconomyworkforce
andgeneratedanevenhighershareofitswealth
(47.5%ofvalueadded).
(1)Employeesandself-employedpersons.
KeyfiguresonEuropeanbusiness–2024edition11
1
Businessdynamics
Valueaddedinthebusinesseconomy
(%,shareofthetotalvalueaddedforeachenterprisesizeclass,2021)
Note:rankedontheshareforlarge.PT:excludingrealestate
activities.CY:excludingminingandquarrying;electricity,gas,
steamandairconditioningsupply;realestateactivities;arts,
entertainmentandrecreation.
Source:Eurostat(onlinedatacode:sbs_sc_ovw)
Overall,largeenterprisescontributedthemostvalue
addedintheEU’sbusinesseconomyin2021(47.5%),
followedbymicroandsmallenterprises(35.4%).
In2021,microandsmallenterprisescontributed
morethanhalfofthevalueaddedinthebusiness
economiesofEstoniaandCyprus.Bycontrast,large
enterpriseswereresponsibleforapproximatelyhalf
ofvalueaddedinthebusinesseconomiesofSweden
andPoland,51.5%inGermanyand55.9%inFrance;
thissharepeakedat63.1%inIreland.
12
KeyfiguresonEuropeanbusiness–2024edition
1Businessdynamics
Multinationalenterprisegroups
Multinationalenterprisegroups
(%,shareforaggregatedcountriesofcontrol,EUandEFTA,2022)
Source:Eurostat(onlinedatacodes:egr_mneandegr_mne_empw)
Therewere146000multinationalenterprise(MNE)
groupsoperatinginEUand/orEFTA(hereafterEU-
EFTA)countriesin2022.Nearlytwothirds(64%)of
theseMNEgroupswerecontrolledfromEUcountries,
9%fromEFTAcountriesand27%fromcountries
outsideofEU-EFTA.In2022,morethan130countries
outsideEU-EFTAcontrolledatleast1MNEgroup
operatinginEU-EFTA.Amongthem,thecountries
thatcontrolledthelargestnumbersoftheseMNE
groupsweretheUnitedKingdom,theUnitedStates
andChina(includingHongKong).
In2022,aroundafifthofMNEgroupsinEU-EFTA
countrieswereinvolvedindistributivetrades(19.1%).
Thenextlargestshareswereinmanufacturing
(18.2%),scientificandtechnicalactivities(13.3%),and
financialandinsuranceactivities(10.5%).
However,intermsofemployment,manufacturing
hadthelargestshare,employing33.5%ofthepersons
workinginMNEgroupsinEU-EFTA,followedby
distributivetradeswith16.7%.
EmploymentinMNEgroupsoperatinginEU-EFTA
totalled48million:76%ofpersonsworkedin
groupscontrolledfromanEUcountry,7%ingroups
controlledfromEFTAcountriesand17%ingroups
controlledfromcountriesoutsidetheseareas.
MNEgroupshaveasignificantimpactonemployment:
28%ofthetotalnumberofpersonsemployedinthe
EUbusinesseconomyin2022workedforMNEgroups.
KeyfiguresonEuropeanbusiness–2024edition13
1
Businessdynamics
Personsemployedinmultinationalenterprisegroups
(%,shareforeachmultinationalenterprisegroupsizeclass,2022)
Source:Eurostat(onlinedatacode:egr_mne_empw)
Acrossthewholeeconomy,MNEgroupsoperatingin
EU-EFTAcountriesareverypolarisedintermsofsize,
witharelativelysmallnumberofthembeinglargeor
verylargeandeconomicallyrelevant.In2022,86%of
theMNEgroupsweresmallormedium-sized(fewer
than250persons)andemployedonly7%ofthetotal
numberofpersonsemployedbyMNEgroupsinEU-
EFTA.Bycontrast,the8%oflargeMNEgroups(250to
999persons)andthe6%ofverylargeones(atleast
1000persons)accountedfor82%and11%respectively
ofthetotalnumberofpersonsemployedbyMNE
groupsinEU-EFTA.
TheshareofpersonswhoworkedforverylargeMNE
groupswashighestinFrance(90%),Spain(88%)and
Germany(85%).Bycontrast,thissharewaslowestin
severalofthesmallerEUcountries,andwasbelow50%
inEstonia,Cyprus,Latvia,MaltaandSlovakia.
14
KeyfiguresonEuropeanbusiness–2024edition
1Businessdynamics
Personsemployedinmultinationalenterprisegroups
(%,shareforeachmultinationalenterprisegroupsizeclass,EUandEFTA,2022)
Source:Eurostat(onlinedatacode:egr_mne_empw)
Amongthe3activitieswiththelargestnumbersofMNE
groups,83%ofpersonsemployedinMNEgroupsin
distributivetradesworkedinlargeMNEgroups(250to
999persons).Formanufacturing,thissharewas77%,while
forprofessional,scientificandtechnicalactivitiesitwas
69%.Bothmanufacturingaswellasprofessional,scientific
andtechnicalactivitieshadaboveaveragesharesof
employmentinlarge(ratherthanverylarge)MNEgroups.
Theshareofpersonsemployedinsmallormedium-
sizedMNEgroups(fewerthan250persons)was16%in
professional,scientificandtechnicalactivities,justover
doubletheaverageshareforthewholeeconomy(7%).
Employmentconcentrationinthe4largestmultinationalenterprisegroups
(%,EU,2022)
Theindustryconcentration
isdefinedasameasureof
theextenttowhichindustry
salesaredominatedby
1ormorebusinesses.Using
theemploymentofenterprises
withintheMNEgroups,and
aggregatingitbyactivity,one
Source:Eurostat(onlinedatacode:egr_conc)
In2022,thehighestconcentrationratiointheEUwasinelectricity,
gas,steamandairconditioningsupplyactivities:21%ofallpersons
employedinthisactivitywereemployedinenterprisesbelongingto
4MNEgroups.Thenexthighestconcentrationratioswererecordedfor
miningandquarrying(13%),transportationandstorage(9%),andwater
supply,sewerage,wastemanagementandremediationactivities(also
9%).
canmeasuretheshareofthe
totalemploymentconcentrated
inthelargest4MNEgroups.
Inthisway,aproxyforthe
industryconcentrationis
obtained.
KeyfiguresonEuropeanbusiness–2024edition15
1
Businessdynamics
Entrepreneurship
Enterprisebirthanddeathrates
inthebusinesseconomy
(%,2021)
Source:Eurostat(onlinedatacodes:bd_l_form)
Businessdemographyisatermusedforstudyingthe
characteristicsofthepopulationofenterprises.The
creation(orbirth)ofnewenterprisesandtheclosure
(ordeath)ofenterprisesareimportantindicatorsfor
businessdynamics.
In2021,theEUenterprisebirthrate(thenumber
ofbirthsasapercentageofthenumberofactive
enterprises)inthebusinesseconomywas10.7%.This
ratiorangedfromahighof20.2%inLithuaniadown
to3.1%inEstonia.
Enterprisedeathsconcernthepermanentclosure
ofanenterprise.In2021,thepreliminaryenterprise
deathrateintheEU’sbusinesseconomywas8.5%,
rangingfromhighsof23.4%and22.6%inEstonia
andLithuania,respectively,downtoalowof2.2%in
Greece.
Byfarthelargestdifferencebetweentheenterprise
birthanddeathratesin2021wasinEstonia,withthe
deathrate20.3percentagepointsabovethebirth
rate.Bycontrast,inMaltatheenterprisebirthratewas
9.2pointsabovethedeathrate.
16
KeyfiguresonEuropeanbusiness–2024edition
1Businessdynamics
Employmentgrowthrateforsurvivingenterprisesinthebusinesseconomy
(%,2021)
Source:Eurostat(onlinedatacode:bd_size)
Whilebusinessdynamicsarerelevantfortheoverallperformance
ofaneconomy,acrucialaspectforindividualentrepreneursand
employeesisthesurvivalanddevelopmentoftheirbusiness.
Thenumberofpersonsemployedin1-year-oldenterprisesinthe
EUin2021was37%higherthaninthesameenterprisesinthe
yearoftheirbirth.Forenterprisesthatwere5yearsoldin2021,the
employmentincreasewas88%.
AmongtheEUcountries,the5-yeargrowthrateofthenumberof
personsemployedforsurvivingenterprisesin2021washighestin
Austria(up282%)andFinland(up239%).
KeyfiguresonEuropeanbusiness–2024edition17
1
Businessdynamics
High-growthenterprises
(%,shareofthetotalnumberofenterprisesineachactivity,EU,2021)
Enterprisecreationand
subsequentbusinessgrowthcan
haveaconsiderableimpacton
employment.
In2021,high-growthenterprises
accountedfor9.2%ofallenterprises
with10ormoreemployeesinthe
EU’sbusinesseconomy.These
enterpriseswereparticularlycommonintheinformationand
communicationsector(16.4%),while
attheotherendoftherange,other
serviceactivities(exceptactivitiesof
membershiporganisations)hadthe
lowestshare(4.5%).
€
Ahigh-growthenterprise
isdefinedwithinbusiness
demographystatisticsasonethat
hadatleast10employeesatthe
beginningoftheperiodstudied
andwhosenumberofemployees
grew,onaverage,bymorethan
10%peryearovera3-yearperiod.
Note:miningandquarryingandelectricity,gas,
steamandairconditioningsupply,notavailable.
Source:Eurostat(onlinedatacode:bd_hg)
18
KeyfiguresonEuropeanbusiness–2024edition
1Businessdynamics
High-growthenterprises
(%,shareofthetotalnumberofenterprisesinthebusinesseconomy,2021)
Note:seeearlierforthedefinitionofahigh-growthenterprise.
Source:Eurostat(onlinedatacode:bd_hg)
In2021,high-growthenterprisesaccountedfor
around1in6ofallenterpriseswith10ormore
employeesintheSwedishbusinesseconomy.There
were12EUcountrieswherehigh-growthenterprises
accountedforfe
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