Business Barometer

19,730 individuals have become the director of an Irish company for the first time this year - at the same time company start-ups are beginning to approach 2007 levels.

39% of these individuals are female with their average age being 41 years old. Males who have become directors for the first time this year are, on average, 42 years old.

This figure for first time director appointments is aided by the almost 12% increase in company start-ups we've seen this year compared to last.

12,189 company start-ups have been incorporated since the start of this year - an average of 48 per day - which is the highest total we've seen for that period since 2007 when 13,611 new companies were formed.

The most popular industry for company start-ups this year is professional services which accounts for just over a quarter of all new companies.

Wholesale & retail and social and personal services, between them, account for a further 19% of start-ups (10.5% and 8.8% respectively). IT and construction are next on the list accounting for 8.3% and 7.8% of new companies.


View the full Business Barometer at BusinessBarometer.ie.