Stable Development of the Swiss Economy in August 2023 Despite Declining Trade Register Figures

In August of 2023, a total of 3,688 new companies were registered. This represents a decrease of around 14% compared to the previous month, when 4,272 company foundations were still recorded. However, a look back to the previous year reveals a remarkable stability and allows a positive interpretation of the current figures. In August 2022, exactly 3,426 new registrations were recorded, which represents an increase of 8% compared to the current month. In general, the figures show a solid level despite the typical summer lull in August.

Deletions
The current deletion figures amount to 2,082 company deletions, which shows a decrease of 20% compared to the previous month, which again can be considered typical for the summer slump. A look back to the previous year shows that 1,984 deletions were recorded in the same period, which represents an increase of 5% compared to the current month. These statistical fluctuations illustrate the annual cycle of economic activity in Switzerland.

Mutations
The current mutation numbers are at a low, but not at the lowest level of the year, as was the case in April 2023. For the current month, a total of 14,678 mutations were registered. In this context, a comparison with the previous month shows that the numbers have decreased by 14%. However, compared to the previous year, there is an increase of 6%, which indicates a certain stability and dynamic changes in the business world. This reflects the continuous developments and adjustments in the Swiss economy.

Principality of Liechtenstein
In the Principality of Liechtenstein, a total of 58 new registrations were registered in August 2023, a decrease of 13% compared to the previous month. Interestingly, the deletion figures show an opposite trend, with 84 deletions recorded, an increase of 8% compared to the previous month. The number of mutations also recorded an increase in the same month, with 1,002 registered mutations, which corresponds to an increase of 5% compared to the previous month. Liechtenstein's trade register key figures are available at www.firmenbuch.li.


Contact:
Andy Rauch, CEO
Phone 044 240 36 40
medieninfo@help.ch

--- END press release Stable Development of the Swiss Economy in August 2023 Despite Declining Trade Register Figures ---

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  Stabile Entwicklung der Schweizer Wirtschaft im August 2023 trotz rückläufiger Handelsregisterzahlen (news article in german on swiss-press.com)