Calculated impact of the COVID-19 pandemic on SMEs Thailand 2021, by sector
In 2021, a survey conducted among small and medium enterprises (SMEs) in Thailand found that the services sector was the most adversely affected by the COVID-19 pandemic compared to SMEs in other sectors. The pandemic affected the services sector by around 68.9 percent according to five different factors which were calculated from the loss of income, being forced to reduce costs, facing increase in sunk costs, and facing more risk in maintaining operations.
