BALEARIC

Entrepreneurial drive: Balearic Islands records the highest growth of self-employed in 2024

The community records an increase higher than the national average
30/07/2024 Un electricista completa una instalación eléctrica en un domicilio. ECONOMIA JUNTA DE ANDALUCÍA

In 2024, Balearic Islands has stood out as one of the communities with the highest percentage growth in self-employment, registering an increase of 2.7%, equal to the Canary Islands and well above the national average, which stood at 1.3%, according to data from the National Federation of Associations of Self-Employed Workers (ATA). This growth reinforces the role of both regions as key drivers of self-employment in Spain.

Outstanding increases on the national scene

At the national level, the Special Regime for Self-Employed Workers has added 42,396 new affiliates. Half of these new registrations are concentrated in Madrid and Andalusia, which lead in absolute figures with 10,931 and 10,596 new self-employed workers, respectively.

In the case of the Valencian Community, the increase reached 8,514 new affiliates, while Catalonia added 7,314 more self-employed workers. This panorama reflects an upward trend in regions with dynamic economies and dense populations.

Contrasts in the autonomous communities

At the other extreme, some regions have recorded declines in the number of self-employed. Castilla y León leads the falls with 1,584 fewer affiliates, followed by Galicia (-788) and Asturias (-643). In percentage terms, these declines are a drag on the national average and underscore the economic difficulties faced by some areas of the country.

Outlook for the Balearic Islands

The growth in the Balearic Islands not only reinforces its image as a dynamic territory in the field of entrepreneurship, but also highlights the importance of its economy, based on tourism, services and emerging sectors. With this data, the autonomous community consolidates its position as a benchmark for self-employment, highlighting its capacity to generate opportunities in a national context marked by regional disparities.

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Automatic Translation Notice: This text has been automatically translated from Spanish. It may contain inaccuracies or misinterpretations. We appreciate your understanding and invite you to consult the original version for greater accuracy.

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