In 2020, micro, small, and medium enterprise (MSME) businesses accounted for 99.5 percent of the total enterprises in the Philippines. This figure had been consistent over the past three years. In the same year, wholesale and retail trade, repair of motor vehicles, and motorcycles businesses was the leading business industry in this sector, accounting for nearly half of the total industries.
Percent share of MSMEs to total enterprises in the Philippines from 2016 to 2020
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Businessworld. (March 24, 2022). Percent share of MSMEs to total enterprises in the Philippines from 2016 to 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1298547/philippines-share-of-msme-to-total-enterprises/
Businessworld. "Percent share of MSMEs to total enterprises in the Philippines from 2016 to 2020 ." Chart. March 24, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1298547/philippines-share-of-msme-to-total-enterprises/
Businessworld. (2022). Percent share of MSMEs to total enterprises in the Philippines from 2016 to 2020 . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1298547/philippines-share-of-msme-to-total-enterprises/
Businessworld. "Percent Share of Msmes to Total Enterprises in The Philippines from 2016 to 2020 ." Statista, Statista Inc., 24 Mar 2022, https://www.statista.com/statistics/1298547/philippines-share-of-msme-to-total-enterprises/
Businessworld, Percent share of MSMEs to total enterprises in the Philippines from 2016 to 2020 Statista, https://www.statista.com/statistics/1298547/philippines-share-of-msme-to-total-enterprises/ (last visited November 21, 2024)
Percent share of MSMEs to total enterprises in the Philippines from 2016 to 2020 [Graph], Businessworld, March 24, 2022. [Online]. Available: https://www.statista.com/statistics/1298547/philippines-share-of-msme-to-total-enterprises/
