More than 2,000 high-growth enterprises in 2022
In 2022, there were 2,156 so-called high-growth enterprises in the sector of manufacturing and market services[1]. A high-growth enterprise is an enterprise with more than 10 employees and an annual growth of this staff of more than 10% over the last three years. The growth is adjusted for jobs from the takeover of other enterprises. This is an organic growth.
In 2022, these high-growth enterprises had 127,128 employees.
The sectors with the highest number of high-growth enterprises are “Wholesale and retail trade; repair of motor vehicles and motorcycles” (463 enterprises), “Professional, scientific and technical activities” (282 enterprises) and “Administrative and support service activities” (264 enterprises).
The high-growth sectors with the most employees are “Administrative and support service activities” (33,331 employees), “Wholesale and retail trade; repair of motor vehicles and motorcycles” (17.990 employees) and “Professional, scientific and technical activities” (16,222 employees).
Note
The year 2018 is marked by a methodological change with the complete introduction of the concept of enterprise based on the groups of enterprises. A full explanation is available on our documentation page.
[1] Manufacturing and market services excluding holding companies and excluding market organisations in the sectors of education / human health and social work activities / arts, entertainment and recreation / other service activities (Nace P-S).
High growth enterprises (growth by 10% or more) and related employment by NACE Rev. 2 (from 2021)
Access to latest statisticsThe statistic on high-growth enterprises in the market sector provides information on the number and the total employment according to the activity. A high-growth enterprise is an enterprise with more than 10 employees in the reference year T which registers an average annual 10 % growth over the three following years. The growth is adjusted for jobs from the takeover of other enterprises during the three-years window. This is an organic growth.
An enterprise is considered to be a high-growth enterprise in the year T if the 3 following conditions are ALL fulfilled:
- it is not a birth in the year T-3.
- it has more than 10 employees in the year T-3. This threshold is used to avoid including very small companies with high growth from 2 to 5 employees for example.
- this enterprise has a growth of more than 10 % over the period of 3 years. This is obtained by the following formula:
It should be noted that the calculation of employment in T excludes employees from any takeover by the enterprise during the period [T-3 ;T]. So, when an acquisition is recorded over the period [T-3 ;T], we subtract from the number of employees in T the number of employees of the enterprise taken over at the time of the acquisition.
Population
Nace rev.2 B to N, K and S95.