From 2020 to 2022, the leading business industry in the micro, small, and medium enterprise (MSME) sector in the Philippines was the wholesale and retail trade, repair of motor vehicles, and motorcycles businesses accounting for half of the total industries. Meanwhile, financial and insurance activities accounted for nearly five percent of the total industries in these periods.
Distribution of micro, small and medium enterprises (MSME) in the Philippines from 2020 to 2022, by sector
*Information and communication (2.89%), human health and social work activities (2.81%), education (1.77%), administrative and support service activities (1.72%), professional, scientific and technical activities (1.60%), arts, entertainment, and recreation (1.5%), real estate activities (1.25%), transport and storage (1.07%), agriculture, forestry and fishing (0.87%), construction (0.41%), water supply, sewerage, waster management and remediation activities (0.15%), electricity, gas, steam and air conditioning supply (0.13%) and mining and quarrying (0.07%).
**Include personal services for wellness, except Spas, repair of personal and household goods, funeral and related activities, repair of computers and communications equipment, laundry activities and other personal service activities.
MSME stands for micro, small, and medium enterprises.
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Department of Trade and Industry (Philippines). (January 10, 2024). Distribution of micro, small and medium enterprises (MSME) in the Philippines from 2020 to 2022, by sector [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines). "Distribution of micro, small and medium enterprises (MSME) in the Philippines from 2020 to 2022, by sector." Chart. January 10, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines). (2024). Distribution of micro, small and medium enterprises (MSME) in the Philippines from 2020 to 2022, by sector. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines). "Distribution of Micro, Small and Medium Enterprises (Msme) in The Philippines from 2020 to 2022, by Sector." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines), Distribution of micro, small and medium enterprises (MSME) in the Philippines from 2020 to 2022, by sector Statista, https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/ (last visited November 09, 2024)
Distribution of micro, small and medium enterprises (MSME) in the Philippines from 2020 to 2022, by sector [Graph], Department of Trade and Industry (Philippines), January 10, 2024. [Online]. Available: https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
