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In 2023, new companies generated €4.7 million in turnover
"In 2023, of the 1,526,926 active companies in Portugal, 246,741 were born in that year, reflecting a growth of 6.3% compared to the previous year (+24.1% in 2022). In the same year, the number of deaths is estimated to have reached 175,457 companies (+0.1%), registering a lower growth than the number of births. The proportion of companies surviving 1 year after birth was 73.6% (-1.9 p.p. compared to 2022) and those surviving 3 years after birth corresponded to 48.9% (+0.4 p.p. compared to the previous year)."
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