The number of enterprises increases by 10%. Businesses in trade, services and hotels with restaurants lead.
INSTAT has recently published data on the demographics of enterprises in Albania for the annual period 2021–2023.
According to these statistics, in 2023, a total of 125,736 enterprises were active in Albania, 12,346 were new, while 810 were closed. Compared to 2 years ago, the number of active enterprises increased by almost 10%.
Regarding their typology, enterprises operating in the trade and repair of vehicles and motorcycles led the way, accounting for 35.2% of the total.
Following them were enterprises in the field of accommodation and food service, which accounted for 14.3%, while professional, scientific and technical activities accounted for 7.9% of the market.
The data also reveals the distribution of employees in these enterprises. In 2023, 21.8% of employees were engaged in the automotive trade and services sector, 15.5% in the manufacturing industry, and 9.1% in the construction sector.
It is noted that a significant portion of new businesses created during the year had a primary focus on trade, vehicle repairs, as well as hotels and restaurants.
Regarding the size of the enterprises, 51.1% of them had no employees, while 37.1% had between 1 and 4 paid employees. Only a small proportion of businesses had a larger number of employees: 5.4% had 5–9 employees, while 6.4% had 10 or more.
The enterprises closed during 2023 were mainly small, 61.5% of them had no employees.
Live TV
Who will build the Milot–Balldren highway? - Sallillari is announced the winner of the competition for the strategic infrastructure project
The Salillari Group has been announced the winner of the procedure for the construction of the Milot-Balldren highway, one of the most important segments of......
"EU to accelerate the integration of the Western Balkans" - Rama from the Summit: EU must be bolder about enlargement
Prime Minister Edi Rama calls on the EU to show more political courage and accelerate the integration of the Western Balkan countries, gradually including......
The winner for the Milot–Balldren highway is announced - One of the largest road projects in the country is about to start
The winner of the competition for the construction of the Milot-Balldren road axis has been announced, bringing one of the most important infrastructure......
Ibrahimaj: "Lutech" investment confirms Albania's potential as a center of innovation and technology in the region
The Minister of Economy and Innovation, Delina Ibrahimaj, participated in the inauguration ceremony of the new headquarters of the company "Lutech" in......
