Reasons for entering MSME sector Philippines 2018

Published by
Christy Balita,
Jun 21, 2021
The statistic shows the results of a survey about the leading reasons why entrepreneurs enter the micro, small and medium enterprise (MSME) sector in the Philippines as of 2018. During the survey period, around 52 percent of the respondents in the Philippines stated that personal prosperity was the reason why they created their company.

Leading reasons for entering the MSME sector in the Philippines as of 2018

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

October 2018

Region

Philippines

Survey time period

2018

Number of respondents

305 MSME entrepreneurs

Method of interview

Face-to-face interview, online survey

Supplementary notes

MSME stands for micro, small, and medium enterprises.

Survey question:
Why did you create your company? Please select all that apply.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Small and medium enterprises financing in the United Kingdom "

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Small and medium enterprises financing in the United Kingdom

Overview

6

External financing for UK SMEs

7

Outcome of external financing applications

8

Loans and lending to SMEs

7

Further related statistics

1

Further Content: You might find this interesting as well

Statistics

Topics

SMEs in South KoreaStartups in South Korea Employees in South KoreaUnemployment in South KoreaRemote work in South Korea
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.