In 2022, micro, small, and medium-sized enterprises (MSMEs) in Singapore accounted for 99.6 percent of businesses in the country. At the end of 2019, MSMEs made up almost 100 percent of all businesses operated in Indonesia. Southeast Asia's most populous country has the region's largest number of MSMEs, over 65 million.
Share of micro, small, and medium-sized enterprises (MSMEs) in total number of enterprises in Southeast Asia in 2022, by country
Characteristic
MSMEs as a share of total enterprises
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ASEAN stands for Association of Southeast Asian Nations and is a political and economic union composed of the ten member states Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Myanmar and Cambodia were excluded due to insufficient data.
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Asian Development Bank. (October 24, 2023). Share of micro, small, and medium-sized enterprises (MSMEs) in total number of enterprises in Southeast Asia in 2022, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1317161/asean-share-of-micro-small-medium-sized-businesses-by-country/
Asian Development Bank. "Share of micro, small, and medium-sized enterprises (MSMEs) in total number of enterprises in Southeast Asia in 2022, by country." Chart. October 24, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1317161/asean-share-of-micro-small-medium-sized-businesses-by-country/
Asian Development Bank. (2023). Share of micro, small, and medium-sized enterprises (MSMEs) in total number of enterprises in Southeast Asia in 2022, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1317161/asean-share-of-micro-small-medium-sized-businesses-by-country/
Asian Development Bank. "Share of Micro, Small, and Medium-sized Enterprises (Msmes) in Total Number of Enterprises in Southeast Asia in 2022, by Country." Statista, Statista Inc., 24 Oct 2023, https://www.statista.com/statistics/1317161/asean-share-of-micro-small-medium-sized-businesses-by-country/
Asian Development Bank, Share of micro, small, and medium-sized enterprises (MSMEs) in total number of enterprises in Southeast Asia in 2022, by country Statista, https://www.statista.com/statistics/1317161/asean-share-of-micro-small-medium-sized-businesses-by-country/ (last visited July 22, 2024)
Share of micro, small, and medium-sized enterprises (MSMEs) in total number of enterprises in Southeast Asia in 2022, by country [Graph], Asian Development Bank, October 24, 2023. [Online]. Available: https://www.statista.com/statistics/1317161/asean-share-of-micro-small-medium-sized-businesses-by-country/