56,358 active enterprises in Malta, supporting employment of 252,021 persons – NSO

Provisional figures for 2023 show that there were 56,358 active enterprises in Malta, an increase of 4.9 per cent, or 2,616 active enterprises, over 2022.

The Wholesale, retail trade and repair of motor vehicles and motorcycles sector accounted for 17.6 per cent of the active enterprises; Professional, scientific and technical activities accounted for 14.4 per cent, whilst construction accounted for 10.2 per cent .

Compared to the situation a year earlier, micro enterprises employing between 0 and 9 persons increased by 4.6 per cent, while small enterprises employing between 10 and 49 persons, increased by 9.4 per cent.  Medium-sized enterprises employing between 50 and 249 persons increased by 7.1 per cent. Enterprises employing more than 250 persons increased by 9.2 per cent.

In 2023, 71.8 per cent of the enterprises were sole proprietors and partnerships, 27.8 per cent were limited liability companies or public limited liability companies, while 0.4 per cent were cooperatives, corporations, branches or joint ventures.

Provisional figures indicate that there were 19,487 employer enterprises in Malta in 2023, an increase of 7.0 per cent, over the previous year .  In 2023, 55.8 per cent of the employer enterprises were limited liability companies or public limited liability companies, while 43.4 per cent were sole proprietors and partnerships.

In 2023, Wholesale and Retail Trade accounted for 16.9 per cent of employment in Malta, Administrative and Support Services accounted for 11.4 per cent, and Accommodation and Food Services accounted for 10.1 per cent.