This statistic illustrates the business climate index for SMEs in the European Union from the 2nd half of 2010 to the first half of 2018, divided by location. Throughout this period the business confidence for SMEs in Northern Europe has been higher than that of Southern Europe, although the gap narrowed between 2011 and 2018.
Business climate index for small to medium enterprises in the European Union from 2nd half 2010 to 1st half 2018, by location
*North Europe: Austria, Belgium, Bulgaria, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Romania, Slovakia, Sweden and UK.
**South Europe: Croatia, Cyprus, Greece, Ireland, Italy, Malta, Portugal, Slovenia and Spain.
***The UEAPME SME Business Climate Index is calculated as the sum of positive and neutral answers with regards to the overall situation for the business, averaged over the current situation and the expectations for the next period.
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European Investment Fund. (July 2, 2018). Business climate index for small to medium enterprises in the European Union from 2nd half 2010 to 1st half 2018, by location [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/611829/sme-business-climate-index-by-location-europe-eu/
European Investment Fund. "Business climate index for small to medium enterprises in the European Union from 2nd half 2010 to 1st half 2018, by location." Chart. July 2, 2018. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/611829/sme-business-climate-index-by-location-europe-eu/
European Investment Fund. (2018). Business climate index for small to medium enterprises in the European Union from 2nd half 2010 to 1st half 2018, by location. Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/611829/sme-business-climate-index-by-location-europe-eu/
European Investment Fund. "Business Climate Index for Small to Medium Enterprises in The European Union from 2nd Half 2010 to 1st Half 2018, by Location." Statista, Statista Inc., 2 Jul 2018, https://www.statista.com/statistics/611829/sme-business-climate-index-by-location-europe-eu/
European Investment Fund, Business climate index for small to medium enterprises in the European Union from 2nd half 2010 to 1st half 2018, by location Statista, https://www.statista.com/statistics/611829/sme-business-climate-index-by-location-europe-eu/ (last visited May 21, 2022)
