In 2023, the leading business industry in the micro, small, and medium enterprise (MSME) sector in the Philippines was the wholesale and retail trade, repair of motor vehicles, and motorcycles businesses accounting for half of the total industries. Meanwhile, financial and insurance activities accounted for nearly five percent of the total industries in that year.
Distribution of micro, small and medium enterprises (MSME) in the Philippines in 2023, by sector
*Information and communication (2.89%), human health and social work activities (2.81%), education (1.77%), administrative and support service activities (1.72%), professional, scientific and technical activities (1.60%), arts, entertainment, and recreation (1.5%), real estate activities (1.25%), transport and storage (1.07%), agriculture, forestry and fishing (0.87%), construction (0.41%), water supply, sewerage, waster management and remediation activities (0.15%), electricity, gas, steam and air conditioning supply (0.13%) and mining and quarrying (0.07%).
**Include personal services for wellness, except Spas, repair of personal and household goods, funeral and related activities, repair of computers and communications equipment, laundry activities and other personal service activities.
MSME stands for micro, small, and medium enterprises.
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Department of Trade and Industry (Philippines). (January 10, 2024). Distribution of micro, small and medium enterprises (MSME) in the Philippines in 2023, by sector [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines). "Distribution of micro, small and medium enterprises (MSME) in the Philippines in 2023, by sector." Chart. January 10, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines). (2024). Distribution of micro, small and medium enterprises (MSME) in the Philippines in 2023, by sector. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines). "Distribution of Micro, Small and Medium Enterprises (Msme) in The Philippines in 2023, by Sector." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
Department of Trade and Industry (Philippines), Distribution of micro, small and medium enterprises (MSME) in the Philippines in 2023, by sector Statista, https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/ (last visited January 06, 2025)
Distribution of micro, small and medium enterprises (MSME) in the Philippines in 2023, by sector [Graph], Department of Trade and Industry (Philippines), January 10, 2024. [Online]. Available: https://www.statista.com/statistics/1016349/business-industries-msme-sector-philippines/
