TIRANA, March 18 /ATA/ The stock of active enterprises in the country increased by over 9% in 2022, according to INSTAT.
Across the country in 2022 there were 113,460 enterprises from 104,031 in 2021, but 93.5 percent of them were micro-enterprises from 93.2% in 2021.
Active enterprises were expanded for all categories. In 2022, there were 5,842 small businesses with 10-49 employees, or 234 more than in 2021, with an increase of 4.2%.
Also in 2022, the number of enterprises with 50-249 people reached 1306 or 79 more than in 2021. There was also an increase in the segment of large enterprises with over 250 employees by 4% from 2021 to 2022. Their number reached to 181 from 174 in 2021.
The sector of active businesses in the country is dominated by small and medium-sized enterprises (SMEs), which contribute to 82.1% of employment, 81.6% of sales, 75.6% of total investments, shares which are comparable to 2021. SME contribution has increased to 78.4% from 76.1% in 2021.
The share of SMEs is 99.8% in Albania. This is the same as the European Union average.
Microenterprises have the highest percentage of employment in the accommodation and food service sector with 69.0%.
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