The Community of Madrid has once again led the creation of companies in the month of June, according to the latest data from the National Statistics. Thus, the Madrid region has come to generate one out of every four companies in all of Spain, with 2,192, that is, 24.6% of the country’s total.
The increase with respect to those that were launched in May has been 12.8%, while the decline at the national level was 2.4%. Following Madrid are the autonomous communities of Catalonia (1,586 new firms) and Andalusia (1,538 companies).
It has been the National Institute of Statistics (INE) who has recently made these data public – sources from the Community of Madrid point out –, which reflect that the region also heads the ranking of subscribed capital , with 23.4%, and that it amounts to to 85.1 million euros. So far this year, the Community of Madrid has also become the number of companies incorporated as the subscribed capital, with 12,539 (22.8% of the total in Spain) and 882.9 million euros (33, 6%).
In quantitative terms, this means that an average of 69 have begun their journey daily. Catalonia (with 10,637) and Andalusia (9,543) occupy second and third place . In addition, the average capitalization of the companies in the region was 70,411 euros, compared to the 47,729 national average.
The numbers released by the INE maintain that the Community of Madrid comes to support the rest of the official indicators that position Madrid as the economic engine of the country, a leadership that contributes to its first position in state GDP, to which it contributes 19 ,3%.
Thus, the number of unemployed in July stood at 310,032, 25.4% less than in the last year, which was the largest drop in the historical series for this month.
On the other hand, Social Security affiliates reached 3,420,917, the third highest figure since records began. Otherwise, the Community is also the leader in foreign investment in 2021, with 73% of the Spanish total (21,260.8 million euros).
In the month of July, but this time according to data from Informa D&B, the incorporation of companies fell by 15%, to 7,406 constitutions, its lowest level since October 2021.
Compared to June data, the fall in the constitution of companies amounts to 21%. In total, 62,888 companies have been incorporated in the first seven months of the year, 3% less than in the same period of the previous year.
The capital invested in the constitution of companies has also been reduced during this time. Between January and July, 2,915 million euros were allocated for this purpose, 13% less than in the first seven months of 2021.
In July alone, the capital for the incorporation of companies was 263 million euros, with a drop of 50% and the lowest amount recorded in 2022. In the seventh month of the year, the three companies incorporated with the highest investment were Dreamvest Iberia SL, which received 28 million euros, Maskomgroup SL, with 22 million euros, and Waecrest Capital SL, with 8 million euros, in positions created in July, occupied by women.