DREM releases 2014 data for non-financial enterprises headquartered in the Autonomous Region of Madeira

DREM releases today on its official statistics website, a set of tables for non-financial enterprises headquartered in the Autonomous Region of Madeira, with data for the 2010-2014 period. It should be noted that data for financial enterprises is not yet available. After Statistics Portugal releases this data, DREM will publish the Enterprises Statistics in full, including the time series with information since 2004.

However in this release new data has been included, both in the patrimonial and demography chapters. Data by municipality and by use of technology was also incorporated in the publication.

Number of enterprises, turnover and Gross Value Added increased, while the number of employees decreased slightly

In 2014 there were 23,633 enterprises in the non-financial sector headquartered in Autonomous Region of Madeira, a 2.1% increase compared to the previous year. This growth partially reflects the obligation of farmers with commercial activity to register in the Tributary Authority.

In the reference year, the non-financial enterprise sector of the Autonomous Region of Madeira employed 61,284 thousand persons, down by 26 from the previous year.

In 2014, the turnover generated by Madeira’s enterprises topped 4,045.9 million Euros, up by 2.8% from 2013. The smaller enterprises were responsible for this growth, since the large ones saw their turnover drop.

The Gross Value Added at market prices (GVApm) stood at 1,191.4 million Euros, increasing by 6.6% from 2013. It should be noted that both the turnover and the GVA increased for the first time since 2010.

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