Press Start-ups of larger businesses up 9.3% in the 1^st to 3^rd quarter of 2021 year-on-year

Press release No. 527 of 18 November 2021

• 2.1% more start-ups of larger businesses compared with the pre-crisis level (1^st to 3^rd quarter of 2019)
• Number of small business start-ups 3.6% below the value of the same period a year earlier and 21.2% below the pre-crisis level
• Complete business shutdowns declined by 2.6% on the same period of the previous year and by 18.9% from the pre-crisis level

WIESBADEN - According to provisional results, well over 94,700 businesses were started in Germany in the first three quarters of 2021, whose legal form and number of employees suggest that they have greater economic importance. Based on an evaluation of business notifications, the Federal Statistical Office (Destatis) reports that this was 9.3% more than in the relevant period of the previous year, which was affected by the coronavirus crisis, but also 2.1% more than before the crisis (1^st to 3^rd quarter of 2019). Data for Bayern for the reference month September 2021 are not yet available and have therefore not been taken into account.

Basic data and long time series are available in table Business notifications (52311) in the GENESIS-Online database.