Press Release: Mercantile Companies Statistics (MC). October 2024. Provisional data.

Main results

The number of mercantile companies created increased by 28.8% in October compared with the same month in 2023.
The number of dissolved companies increased by 14.3% year-on-year.

More information

Annex of tables (includes information from the Autonomous Communities)
Detailed results

In October, 10,679 mercantile companies were incorporated, 28.8% more than in the same month in 2023. The subscribed capital for their creation recorded an annual increase of 16.6%, while the average subscribed capital (36,620 euros) decreased by 9.5%.

In addition, 2,437 companies increased their capital, 14.6% more than in October 2023. The subscribed capital in these increases rose by 22.4%.

The number of dissolved companies grew by 14.3% year-on-year. 75.9% of them did so voluntarily.

Mercantile companies created, increasing their capital and dissolved. October 2024

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Results by main economic activity

Of the mercantile companies incorporated in October, 17.2% were engaged in Trade and 16.1% were Property, financial and insurance companies. As for dissolved companies, 18.4% were engaged in Trade and 15.3% in Construction.

Mercantile companies created by main economic activity. October 2024

Percentage

Mercantile companies dissolved by main economic activity. October 2024

Percentage

The economic activity with the largest subscribed capital of mercantile companies incorporated was Real estate, financial and insurance, with 161.91 million euros. In turn, Information and communications companies had the lowest capital, with 4.70 million.

Capital subscribed of mercantile companies created by main economic activity.
October 2024

Thousands of euros

Results by Autonomous Community

Comunidad Foral de Navarra (144.4%), La Rioja (133.3%) and Aragón (59.2%) recorded the highest annual growth in the number of mercantile companies created in October.

On the other hand, Canarias (7.9%), Illes Balears (10.0%) and Castilla y León (13.7%) recorded the biggest decreases.

Annual variation in mercantile companies created by Autonomous Community. October 2024

Percentage

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Data revision and updating

The data for 2024 are provisional and will be reviewed when the data for the same period next year are published. All results of this operation are available on INEbase.

Methodological note

The Mercantile Companies Statistics were created by Order of 30 April 1938. Their objective is to measure the demographics of companies, providing monthly information, at provincial and Autonomous Community level, on the companies incorporated, dissolved and those in which there have been changes in capital.

The source of information is the Central Mercantile Registry, which collects all provincial information on the registration of companies and entrepreneurs, as well as mercantile acts determined by law.

Type of survey:: continuous monthly survey.
Population scope:: set of companies registered in the Central Mercantile Register.
Geographical scope:: the entire national territory, by Autonomous Communities and provinces.
Reference period of the results:: the calendar month.
Reference period of the information:: the calendar month.
Collection method:: official records.

More information on the methodology and the standardised methodological report.

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at the INE and the Code of Best Practice.