The value added of SMEs in Germany was estimated to be almost one trillion euros in 2023e, by far the most of any other country in the European Union. By contrast, Malta had the lowest amount of value added in small and medium-sized enterprises in the European Union, at 8.07 billion Euros.
Value added by small and medium-sized enterprises (SMEs) in the non-financial business economy of the European Union (EU27) in 2023, by country
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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.
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European Commission, & DIW Berlin. (June 27, 2023). Value added by small and medium-sized enterprises (SMEs) in the non-financial business economy of the European Union (EU27) in 2023, by country (in million Euro) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1251466/value-added-by-businesses-in-europe-by-country/
European Commission, und DIW Berlin. "Value added by small and medium-sized enterprises (SMEs) in the non-financial business economy of the European Union (EU27) in 2023, by country (in million Euro)." Chart. June 27, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1251466/value-added-by-businesses-in-europe-by-country/
European Commission, DIW Berlin. (2023). Value added by small and medium-sized enterprises (SMEs) in the non-financial business economy of the European Union (EU27) in 2023, by country (in million Euro). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1251466/value-added-by-businesses-in-europe-by-country/
European Commission, and DIW Berlin. "Value Added by Small and Medium-sized Enterprises (Smes) in The Non-financial Business Economy of The European Union (Eu27) in 2023, by Country (in Million Euro)." Statista, Statista Inc., 27 Jun 2023, https://www.statista.com/statistics/1251466/value-added-by-businesses-in-europe-by-country/
European Commission & DIW Berlin, Value added by small and medium-sized enterprises (SMEs) in the non-financial business economy of the European Union (EU27) in 2023, by country (in million Euro) Statista, https://www.statista.com/statistics/1251466/value-added-by-businesses-in-europe-by-country/ (last visited July 22, 2024)
Value added by small and medium-sized enterprises (SMEs) in the non-financial business economy of the European Union (EU27) in 2023, by country (in million Euro) [Graph], European Commission, & DIW Berlin, June 27, 2023. [Online]. Available: https://www.statista.com/statistics/1251466/value-added-by-businesses-in-europe-by-country/