Fewer larger companies and small businesses started in 2011

Around 144,000 businesses were started in Germany in 2011, whose legal form and number of employees allows the conclusion to be reached that they are of greater financial significance. As the Federal Statistical Office (Destatis) reports, this was 3.4 per cent fewer than in 2010. The number of small business also dropped: in 2011 it fell by 4.1 per cent to 293,000 compared to 2010.

A current evaluation of business registrations statistics also disclosed business closures in 2011. Developments differed between larger companies and small businesses. The number of business closures of companies with greater financial significance dropped. Over 119 000 businesses were closed in 2011, 4.6 per cent fewer than in the previous year. In contrast, the number of small businesses that were given up in 2011 was 1.1 per cent higher than in the previous year at nearly 302,000.