Page 95 - Economic report 2020

The number of establishments
in the services sector increases, SERVICES SECTOR GVA BY BRANCHES Chart 12.2
OF ACTIVITY
notably in the branch of Interannual real variation rate (%)
information and communications.

In parallel with the increase in global activity in
the services sector, the number of establishments
grew 8.9%, to 10,198. By subsectors, the
economic activity with most establishments
is commerce, representing 30.6% of the total
and an increase of 2.6%. The second most
important branch is professional, scientific and
technical activities, the focus of 23.2% of total Commerce, hotels and catering, transport,
businesses in the service sector, which saw information and communications
a 18.4% increase. The third most important Financial, real estate, professional and technical
subsector in terms of establishments registered Public administration, education, health, social
and personal services
with the Registry of Commerce and Industry
is hotels and catering, which represents 10.1% Source: Department of Statistics.
of the total in the services sector, and saw an
increase of 0.4% since 2021. The fourth subsector is information and communications which saw a
remarkable increase in 2022 (+27.9%) and has already reached 911 establishments, double as many
as in 2019.

NUMBER OF ESTABLISHMENTS IN THE SERVICES SECTOR Table 12.1 93

% variation % total
2021 2022 2022/2021 2022
Commerce and motor vehicle repairs (etc.) 3,037 3,116 2.6 30.6
Transport & storage 256 260 1.6 2.5
Hotels & catering 1,031 1,035 0.4 10.1
Information & communications 712 911 27.9 8.9
Financial & insurance activities 201 208 3.5 2.0
Real estate activities 496 552 11.3 5.4
Professional, scientific & technical activities 1,994 2,361 18.4 23.2
Administrative activities & ancillary services 520 535 2.9 5.2
Education 244 265 8.6 2.6
Health activities & social services 234 253 8.1 2.5
Artistic, recreational & entertainment activities 203 214 5.4 2.1
Other services 436 488 11.9 4.8
Total 9,364 10,198 8.9 100
Note: Number of establishments registered with the Registry of Commerce and Industry.

Source: Ministry of the Presidency, Economy and Work and Housing; Registry of Commerce and Industry.

Employment in the services sector The number of employees in the services sector
grows 11.5%, driven up by hotels. also rose in 2022, to 35,828, 11.5% more than in Andorran economy: developments in the main sectors | XII. Services
the previous year. This was spread between the
four main subsectors, as follows: 25% work in
commerce; 18% in real estate and business services; 15% in hotels and 13% in public administration.
Overall, these four branches account for about 70% of total employees in the services sector. In
2022, most branches saw an increase in numbers of employees, notably hotels (+43%), with higher
employment than in 2019, before the start of the pandemic. Employment also rose in commerce,
in transport and storage, in real estate activities and business services, and in social activities and