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Number of small and medium-sized enterprises (SMEs) the European Union in 2017

Number of small and medium-sized enterprises (SMEs) in the European Union in 2017, by size (in 1000s)

by Daniel Clark, last edited Aug 27, 2019
Number of small and medium-sized enterprises (SMEs) the European Union in 2017 There were estimated to be approximately 24.5 million small and medium-sized enterprises (SMEs) in the European Union in 2017, with the vast majority of these enterprises micro-sized firms which only employed fewer than nine people. A further 1.42 million enterprises were small firms with between 10 and 49 employees and 231 thousand were medium-sized firms that had 50 to 249 employers.
Value varies by country
SMEs are an important part of the European economy, but their value to each country varies quite significantly. In Malta for example, 81 percent of value added to the economy comes from SMEs, while in the Republic of Ireland only 41.7 percent of the county's added value comes from SMEs. For the European Union, the average value that SMEs contribute to the economy is around 56 percent.

Almost 100 million employed by SMEs
During 2017 SME’s in the European Union employed over 94 million people, or approximately 66 percent of the workforce. In Europe’s biggest economy, Germany, SMEs employed 18.3 million people, with over 6.7 million people employed by small-sized enterprises alone.
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Number of small and medium-sized enterprises (SMEs) in the European Union in 2017, by size (in 1000s)

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Statistics on "Small and medium-sized enterprises (SMEs) in Europe"
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