Malaga is second Spanish province with most companies per 1,000 inhabitants

Malaga's weak points

Although Malaga has consistently ranked fourth in Spain in terms of the number of new businesses (according to other statistics, it ranks third), there are other metrics where its productive sector falters.

One example is the indicator that measures size of new businesses by their initial capital: in 2025, according to the national institute of statistics, the average was 35,200 euros, below the national average of 45,200 euros.

Furthermore, around 30 provinces ranked ahead of Malaga and topped the list with over 200,000 euros in initial subscribed capital. The initial capital of new businesses in the two provinces leading the ranking for new companies, Madrid and Barcelona, was quite similar to that of Malaga last year, at 35,300 and 38,700 euros, respectively.

Malaga also "falls short" in terms of company size as measured by the number of employees. Although the Costa del Sol province has the most companies of any Andalusian province, Seville surpasses it in the number of companies with between 100 and 249 employees, with 479 compared to Malaga's 284, and also in companies with more than 250 employees, which number 186 in Malaga and 245 in Seville.

A third shortcoming of Malaga's productive sector is the scarcity of headquarters for large companies with more than 1,000 employees. According to the most recent report by Accumin Intelligence, the province of Malaga has only 16 headquarters for these types of corporate groups. This means that the decision-making centres of large corporations may have their production facilities spread throughout Spain. Among them, the most important are Unicaja, Mayoral and EPAM.

Returning to the study Accumin Intelligence published this Tuesday, the sector that led business creation in Spain in 2025 was real estate, with 17,334 new companies, representing 15.5% of the total; followed by the construction sector, with 14,677 companies, 13.1% of the total; and wholesale and retail trade, with 14,213, representing 12.7% of the new businesses. The fourth most active sector was professional services and the fifth was hospitality.