19.9 C
Meeting
Saturday 21 December 2024

The added value of companies in slow growth

Publicityspot_img

Reunionese companies in the commercial sector have created an added value of 7,5 billion euros in 2018, for a turnover of 26 billion, according to the latest figures from INSEE. Over a year, this overall added value has increased slightly, of 74 million euros (1%). It only increased for half of existing businesses and fell by more than 22% for a quarter of them.. It is especially very small businesses without employees that have seen their added value decline.. Vice versa, a quarter of companies employing between 1 and 9 employees saw their added value increase by more than 12%.
Two thirds of local businesses do not employ any employees. The other 14,700 employed, as of December 31, 2018, 112,000 people. 12,400 of them had between 1 and 9 employees, 2,200 between 10 and 249 employees and only 32 had more than 250 employees.
On the island, 5% of companies in the commercial sector, i.e. 2,200 companies, concentrate a large part of the creation of wealth and realize two thirds of the added value.
Four sectors contribute significantly to wealth creation : education, health and social action (outside the public sector), scientific and technical activities and administrative and business support services, retail trade and to a lesser extent, la construction.
Investment is even more concentrated than added value : the 5% of companies which invest the most are at the origin of 95% of the total investment (2,5 billion euros in 2018), according to INSEE. A l’inverse, 70% of Reunion companies made no investment in 2018.

All the news from commerce and mass distribution in Reunion
I subscribe to the Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Captcha verification failed!
CAPTCHA user score failed. Please contact us!

- Publicity -spot_img

last articles

Publicityspot_img