Enterprise births in Algarve
Enterprise births in Algarve was 16,545 in 2023, according to Eurostat, European Commission. That is up 11.4% from 2022. That is the 4th highest of 26 areas in 2023.
Enterprise births in Algarve, 2021 to 2023
All 3 values
| Period | count |
|---|---|
| 2023 | 16,545 |
| 2022 | 14,847 |
| 2021 | 9,994 |
Compared with Algarve and Portugal and European Union (27)
| Place | 2023 |
|---|---|
| Algarve | 16,545 |
| Algarve | 16,545 |
| Portugal | 236,244 |
| European Union (27) | 3,496,918 |
Rankings
Definition
New enterprises created during the year from scratch. Enterprises formed by a merger, break-up or change of legal form, and enterprises reactivated within two years, are not births.
Counts enterprises, which can run several local units, under the harmonised Eurostat and OECD business demography rules. Not the same as active_companies (the INE business register count for Spain) or employer_firms (US firms with employees). Not comparable with companies_created (companies registered in Spain) or business_applications (US applications for an employer number).
How to cite
Eurostat. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r). https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Retrieved 2026-10-12.Citation styles
APA 7
Eurostat, European Commission. (2026). Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r) (Enterprise births, Algarve, 2021 to 2023) [Data set]. Retrieved October 12, 2026, from https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table
MLA 9
Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r), Enterprise births, Algarve, 2021 to 2023. Eurostat, European Commission, 13 Mar. 2026, https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Invokely, https://invokely.ai/en/enterprise-births/algarve-pt150. Accessed 12 Oct. 2026.
Chicago (author-date)
Eurostat, European Commission. 2026. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r). Enterprise births, Algarve, 2021 to 2023. Dataset. Accessed October 12, 2026. https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Also distributed by Invokely, https://invokely.ai/en/enterprise-births/algarve-pt150.
Harvard
Eurostat, European Commission (2026) Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r), Enterprise births, Algarve, 2021 to 2023 [Dataset]. Available at: https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table, via Invokely: https://invokely.ai/en/enterprise-births/algarve-pt150 (Accessed: 12 October 2026).
BibTeX
@misc{eurostat_enterprise_births_algarve_2023,
author = {{Eurostat, European Commission}},
title = {{Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd\_size\_r): Enterprise births, Algarve, 2021 to 2023}},
year = {2026},
howpublished = {Data set},
url = {https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table},
urldate = {2026-10-12},
note = {Accessed via Invokely, https://invokely.ai/en/enterprise-births/algarve-pt150. Publisher attribution: Eurostat. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd\_size\_r). https://ec.europa.eu/eurostat/databrowser/view/bd\_size\_r/default/table. Retrieved 2026-10-12.},
}
RIS
TY - DATA
AU - Eurostat, European Commission
TI - Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r): Enterprise births, Algarve, 2021 to 2023
PY - 2026
DA - 2026/03/13
PB - Eurostat, European Commission
DB - Invokely
UR - https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table
L2 - https://invokely.ai/en/enterprise-births/algarve-pt150
Y2 - 2026/10/12
N1 - Accessed via Invokely, https://invokely.ai/en/enterprise-births/algarve-pt150.
N1 - Publisher attribution: Eurostat. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r). https://ec.europa.eu/eurostat/databrowser/view/bd_size_r/default/table. Retrieved 2026-10-12.
ER -
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
What is the latest enterprise births in Algarve? Cite the source.
get_value {"indicator":"enterprise_births","place":"pt-nuts-pt150"}
GET https://invokely.ai/api/v1/value?indicator=enterprise_births&place=pt-nuts-pt150Questions
What is the enterprise births in Algarve?
Enterprise births in Algarve was 16,545 in 2023, according to Eurostat, European Commission. That is up 11.4% from 2022. That is the 4th highest of 26 areas in 2023.
Where does this figure come from?
Eurostat, European Commission. Business demography by size class and NUTS 3 region, industry, construction and market services, all size classes, enterprise births, number (bd_size_r). Retrieved by Invokely on 2026-10-12.
What was the highest enterprise births in Algarve?
16,545 in 2023, the highest value since 2021 in this series.