Malaga Ranks fifth nationally in the creation of new businesses and has the most dynamic trade sectors in property development and services.

A total of 4,386 companies were created during 2013 in Malaga, making the province the fifth fastest most growing province last year.

These figures represent an increase of 14.85 percent over 2012, according to official data collected by Infocif, the social network created by Gedesco that includes all the information on entrepreneurship. According to this study through a statement by Gedesco, more than 467 businesses were created in 2012, when 3,819 new companies emerged.

More business start ups will help lift the economy

The most dynamic sectors were trade, real estate and food service locations and drinks. Marbella was where most companies were created in 2013 , with 224 new businesses ahead of Malaga, where 145 companies were founded, then came Fuengirola 52, Benalmádena with 45, and Torremolinos with 30. Málaga was the fifth Spanish province where more companies were created, behind Madrid, Barcelona, Valencia and Alicante.

In the Spanish capital Madrid there was an increase of 12.5 percent compared to 2012, in Barcelona it was 14.73 percent, with over 13,593 companies, in Valencia 4.32 percent, 4,560 companies more, and in Alicante, 6 percent, more than 4,450. According to Gedesco during the past year there were  86,144  companies created nationwide, 9.27 percent more than in 2012, in which 78,853 companies were founded.