In 2022, 310,731 new companies were created in Colombia, 1% more than in 2021 when 307,679 productive units were born.
This is evident in Confecámaras’ report on Business Creation Dynamics, based on information from the Single Business and Social Registry (RUES), which consolidates information from the Mercantile Registry of the country’s 57 Chambers of Commerce.
Of the total number of new companies registered, 73.8% correspond to natural persons and 26.2% to companies.
Confecámaras stressed that the companies grew by 3.1% compared to 2021, going from 78,880 in 2021 to 81,350 in 2022.
In contrast, natural person registrations went from 228,799 to 229,381, representing a positive variation of 0.3%.
The union stressed that 62.5% of natural person companies created by 2022 will be led by women, demonstrating that government policies and support from entities such as Chambers of Commerce for female entrepreneurship have had positive effects.
“Colombia needs new companies, but also that existing ones last. To this end, from the Chambers of Commerce, we guide business people of all sizes so that they become increasingly competitive, grow and strengthen themselves in important aspects for their development,” said Julián Domínguez, President of Confecámaras.
The leader claimed that more companies will be created in 2022 with a significant participation of women-led businesses, thanks to government policies and support programs in which the Chambers of Commerce play an important role.
Companies that create jobs
According to figures from the report, 48.9% of companies founded between January and December 2022 have created at least one job.
Some of the most dynamic industries in this regard are: auto trade and repair; hospitality and manufacturing industry, which account for 60.3% of the total participation of new employer companies.
By company size
According to the size of the company measured by the value of its assets, it is clear that the range of new productive units consists mainly of micro-enterprises (99.6%), followed by small (0.37%) and medium-sized one and large (0.03%).
“These figures confirm the importance of small manufacturing units in the country’s economy and consequently the Chamber Network’s efforts to strengthen them,” said the union leader.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
