Small and medium-sized enterprises (SMEs) had a value added of approximately 5.4 trillion euros to the European economy in 2024 with micro-sized enterprises accounting for approximately 1.8 trillion euros of this amount.
Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size
(in million Euro)
The source adds the following information: 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 harmonised and comparable across countries. The disadvantage is that for some countries the data may be different from those published by national authorities.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
European Commission. (July 4, 2024). Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission. "Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro)." Chart. July 4, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission. (2024). Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission. "Value Added by Small and Medium-sized Enterprises (Smes) in The European Union (Eu27) from 2008 to 2024, by Enterprise Size (in Million Euro)." Statista, Statista Inc., 4 Jul 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission, Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/936386/value-added-by-smes-in-eu-member-states/ (last visited November 10, 2024)
Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro) [Graph], European Commission, July 4, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/936386/value-added-by-smes-in-eu-member-states/
