Overview
- Germany recorded 585,000 new business registrations in 2024, marking a 3% increase from the previous year.
- The average age of founders fell to 34.4 years, the lowest level on record.
- Part-time ventures accounted for a notable share of new registrations as more people sought self-employment in a cooling job market.
- New startups generated about 485,000 full-time jobs in 2024, highlighting their impact on employment.
- KfW expects slightly higher startup numbers in 2025 and the new government plans to promote entrepreneurial skills in schools.