Fotografia de Notícias ao Minuto.
High-growth companies in Portugal reached an all-time high of 2,112 firms, creating 127,000 jobs between 2020 and 2023, according to Informa D&B.
In 2023, these companies accounted for 208,000 jobs, indicating a growth of 158% since 2020, with an average annual growth rate of 37%.
These high-growth firms generated 127,000 jobs over three years, making up 25% of the new employment in the entire business ecosystem during this period.
Data showed that between 2020 and 2023, the revenue of these companies increased by 131%, with an aggregate turnover reaching 20 billion euros in 2023.
High-growth companies are defined as having 10 or more employees with an average annual organic growth rate of over 20% in employee numbers over a three-year period, yet they represent only 0.5% of the Portuguese business landscape.
Approximately 31% of these companies engage in foreign markets, nearly three times the average of the business sector, with their core activities in hospitality, construction, business services, and industries.
Age-wise, 59% of high-growth companies are adult businesses (aged between 6 and 19 years), 24% are mature (over 20 years old), and 17% are young companies (up to 5 years), which are identified as Gazelle Companies.
The identification made by Informa D&B of these companies spans a period that includes the three fiscal years between 2020 and 2023, revealing 563 more companies compared to the previous period (2019-2022).
Informa D&B, a business information company, claims its business database is the most used in Portugal, with more than 500,000 users.
Informa D&B is part of the largest global business information network, the D&B Worldwide Network, providing access to data on over 500 million economic agents worldwide.
