In Australia, according to a survey conducted in January and February 2024, 25 percent of small and medium enterprises (SMEs) planned to streamline their business operations to deal with the challenges posed by ongoing inflation and increasing costs in 2024. Only seven percent of SMEs planned to implement workforce reductions to recover costs.
Response of small and medium enterprises (SMEs) to address ongoing economic challenges in Australia in 2024
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Other statistics that may interest you SMEs in Europe
Overview
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- Premium Statistic Number of SMEs in the European Union 2008-2023, by size
- Premium Statistic Number of SMEs in the European Union in 2023, by country
- Premium Statistic Number of medium-sized businesses in the European Union in 2023, by country
- Premium Statistic Number of small-sized businesses in the European Union in 2023, by country
- Premium Statistic Number of micro-businesses in the European Union in 2023, by country
- Premium Statistic Share of enterprise sizes in EU countries 2022
Employment by SMEs
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- Premium Statistic Number of people employed by SMEs in the European Union 2008-2023, by size
- Premium Statistic Number of people employed by SMEs in the EU in 2023, by country
- Premium Statistic Number of people employed by medium-sized businesses in the EU in 2023, by country
- Premium Statistic Number of people employed in small-sized businesses in the EU in 2023, by country
- Premium Statistic Number of people employed by micro-sized businesses in the EU in 2023, by country
- Premium Statistic Distribution of employment in EU countries 2022, by enterprise size
Value added by SMEs
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- Premium Statistic Value added by SMEs in the European Union 2008-2023, by size
- Premium Statistic Value added by SMEs in the EU in 2023, by country
- Premium Statistic Value added by medium-sized businesses in the EU in 2023, by country
- Premium Statistic Value added by small-sized businesses in the EU in 2023, by country
- Premium Statistic Value added by micro-sized businesses in the EU in 2023, by country
- Premium Statistic Distribution of value added in EU countries 2022, by enterprise size
Industry sectors
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- Premium Statistic Number of SMEs in the European Union in 2022, by sector
- Premium Statistic Number of medium-sized businesses in the European Union in 2023, by sector
- Premium Statistic Number of small-sized businesses in the European Union in 2023, by sector
- Premium Statistic Number of micro-businesses in the European Union in 2023, by sector
- Premium Statistic Number of persons employed in SMEs in the European Union in 2023, by sector
- Premium Statistic Value added by SMEs in the European Union in 2023, by sector
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fifth quadrant. (February 7, 2024). Response of small and medium enterprises (SMEs) to address ongoing economic challenges in Australia in 2024 [Graph]. In Statista. Retrieved May 12, 2024, from https://www.statista.com/statistics/1453336/australia-smes-response-to-economic-challenges/
fifth quadrant. "Response of small and medium enterprises (SMEs) to address ongoing economic challenges in Australia in 2024." Chart. February 7, 2024. Statista. Accessed May 12, 2024. https://www.statista.com/statistics/1453336/australia-smes-response-to-economic-challenges/
fifth quadrant. (2024). Response of small and medium enterprises (SMEs) to address ongoing economic challenges in Australia in 2024. Statista. Statista Inc.. Accessed: May 12, 2024. https://www.statista.com/statistics/1453336/australia-smes-response-to-economic-challenges/
fifth quadrant. "Response of Small and Medium Enterprises (Smes) to Address Ongoing Economic Challenges in Australia in 2024." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1453336/australia-smes-response-to-economic-challenges/
fifth quadrant, Response of small and medium enterprises (SMEs) to address ongoing economic challenges in Australia in 2024 Statista, https://www.statista.com/statistics/1453336/australia-smes-response-to-economic-challenges/ (last visited May 12, 2024)
Response of small and medium enterprises (SMEs) to address ongoing economic challenges in Australia in 2024 [Graph], fifth quadrant, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1453336/australia-smes-response-to-economic-challenges/