Business Demographics
The Spanish business sector is expected to register 73.004 new companies in the first half of 2026, an 11% increase compared to the same period in 2025, with an invested capital of €3.522 billion. Madrid, Catalonia, and Andalusia account for almost 60% of these new companies, according to data from Informa D&B.
Business dynamism will consolidate in 2026 with double-digit growth.
Business creation in España has experienced a remarkable boost during the first half of 2026, reaching the 73.004 new constitutions, which is a increase of 11% compared to the same period of the previous year. This business dynamism is supported by a capital investment that grows by 18%...to exceed 3.522 billion euros, according to the latest Study on Business Demographics made by INFORMA D&B S.A.U. (S.M.E.), a subsidiary of Cesce.
Despite the strength shown in the first half of the year, June shows a stabilization, with 11.504 new companies registered, a slight decrease of 0,4% compared to June 2025, although it exceeds May's figures by 1%. "Business creation increased by double digits in the first half of the year, with 73.004 new companies, 11% more than in 2025," the report highlights. Nathalie Gianese, Director of Studies at Informa D&B.
Analysis of invested capital and technology sectors
The capital invested in June for the creation of these companies was €359 million, 40% lower than in May and 1% below the June 2025 figure, marking the lowest level since August of last year. However, the cumulative total of €3.522 billion for the first half of the year reflects a solid performance. 18% increase year-on-yearThe three companies established in June with the largest investments were: Nicolas Beauty Group SL (24 million euros) in Murcia, Changan Automobile Spain SL (11 million) in Madrid y Cachorro Inversiones SL (6 million) in Castellón.
Regarding the sectors of High technologyIn the first half of the year, 1.396 companies were established, 8% more than in 2025, with accumulated investment soaring 72% to 22,5 million euros.
| Indicator | Figure 1S 2026 | Variation vs. 1H 2025 |
|---|---|---|
| Number of Companies Established | 73.004 | + 11 % |
| Capital Invested (accumulated) | €3.522 million | + 18 % |
| Leading sector in constitutions | Construction and Real Estate Activities | 18.712 companies |
| Leading sector in investment | Financial Intermediation | €1.560 million |
Geographic distribution: Madrid, Catalonia and Andalusia lead in creation
The axis Madrid Cataluña Andalucía It continues to be the driving force behind business demographics, accounting for almost 60% of new companies in the first half of the year. Madrid It leads with 15.803 new cases (22% of the total), followed closely by Cataluña with 14.288 (20%) and Andalucía with 12.078 (16,5%). However, the largest increases in absolute value are recorded in Cataluña (+1.717), the Comunidad Valenciana (+1.437) and Andalucía (+ 1.061).
In terms of capital investment, Madrid It also tops the list with €913 million accumulated, an impressive 89% more than the previous year. It is followed by Cataluña, with 688 million (+24%), and Andalucía, which registers a decline of 41% to 479 million euros.
Construction and Financial Intermediation, the leading sectors
By sectors of activity, Construction and real estate activities It consolidates its position as the main niche for business creation, with 18.712 new companies in the first half of the year (26% of the total), representing 1.916 more than in 2025. It is followed by Business services (11.243) and Stores (10.375). However, the sector of Financial intermediationAlthough fewer companies were established, the business sector attracted the largest volume of capital, with €1.560 billion invested, €717 million more than the previous year. Conversely, the energy sector was the only one of the major sectors to see a decrease, with 189 fewer companies created.
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