Transcription of SME statistics - World Bank
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SME statistics - World Bank
sme statistics European Union: Micro, small and medium-sized enterprises are socially and economically important, they represent 99 % of an estimated million enterprises in the EU and provide around 65 million jobs representing two-thirds of all The average European business provides employment for four people, including the owner/manager. The EU Sixth Framework Programme (FP6) includes over 2,100 million for SME participation, which makes it one of the World s largest financial instruments supporting research and innovation for small and medium-sized firms. Latin-America: The vast majority (approximately 80-90%) of companies are micro enterprises and the governments have vastly reduced red tape to ensure SMEs needs are attended to swiftly. Among the major regional economies, only Argentina experienced a drop in the number of SMEs between 1998 and 2002, while these types of businesses flourished elsewhere in Latin-America, especially in Brazil and Mexico.
SME statistics European Union: Micro, small and medium-sized enterprises are socially and economically important, they represent 99 % of an estimated 19.3 million enterprises
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