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Number of SME employees in Belgium 2011-2018

Belgian SMEs employed nearly two million people in 2018, a figure that had decreased especially in companies with 49 employees or less. In comparison, the number of people in Belgium who were employed in 2018 was nearly 4.7 million. One should note, however, that the figures provided here do not include SMEs in finance or agriculture. Despite the influence of SMEs in the country's employment, Belgium faced an unemployment rate of over five percent in 2019.

Total number of employees in small and medium-sized enterprises (SMEs) in Belgium from 2011 to 2018

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Source

Release date

November 2019

Region

Belgium

Survey time period

2011 to 2018

Special properties

Non-financial business economy only, excluding agricultural sector and non-market service sectors

Supplementary notes

The figures have been taken from several publications.

The source does not specify whether the figures provided are in FTE or not. Instead it mentions the "number of persons employed", and not whether the figures include full-time and/or part-time employment.

Data are DIW Econ estimates for 2018, based on 2008-2016 Eurostat figures. The source adds the following information: "The data cover the ‘non-financial business economy’, which includes industry, construction, trade, and services (NACE Rev. 2 sections B to J, L, M and N), but not enterprises in agriculture, forestry and fisheries and the largely non-market service sectors such as education and health. The following size-class definitions are applied: micro firms (0-9 persons employed), small firms (10-49 persons employed), medium-sized firms (50-249 persons employed), and large firms (250+ persons employed)."

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