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Value added by business enterprises in the United Kingdom 2011-2017, by size
Value added by business enterprises in the United Kingdom from 2011 to 2017, by enterprise size (in billion euros)
by Daniel Clark,
last edited
Jul 11, 2019
This statistic shows the value added by small and medium-sized enterprises (SMEs) in the United Kingdom from 2011 to 2017. During this time period, the value added by SMEs to the UK economy has grown from 471 billion euros in 2011 to approximately 654.8 billion euros by 2017.
Value added by business enterprises in the United Kingdom from 2011 to 2017, by enterprise size (in billion euros)
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| Micro | Small | Medium | Large | |
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| - | - | - | - | - |
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Description
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by Daniel Clark,
last edited
Jul 11, 2019
This statistic shows the value added by small and medium-sized enterprises (SMEs) in the United Kingdom from 2011 to 2017. During this time period, the value added by SMEs to the UK economy has grown from 471 billion euros in 2011 to approximately 654.8 billion euros by 2017.
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- November 2018
- Region
- United Kingdom
- Survey time period
- 2011-2017
- Supplementary notes
-
Data for years prior to 2017 are taken from different reports
The source adds the following information:
"These are estimates produced by DIW Econ, based on figures from the Structural Business Statistics Database (Eurostat). 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). The advantage of using Eurostat data is that the statistics are harmonized and comparable across countries. The disadvantage is that for some countries the data may be different from those published by national authorities."
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- November 2018
More information
- Region
- United Kingdom
- Survey time period
- 2011-2017
- Supplementary notes
-
Data for years prior to 2017 are taken from different reports
The source adds the following information:
"These are estimates produced by DIW Econ, based on figures from the Structural Business Statistics Database (Eurostat). 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). The advantage of using Eurostat data is that the statistics are harmonized and comparable across countries. The disadvantage is that for some countries the data may be different from those published by national authorities."
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