SMEs with credit constraints in the EU 2015-2020, by country
A survey conducted among small and medium enterprise in selected EU countries between 2015 and 2020, Romania had the highest of SMEs with credit constraints, amounting to 18.9 percent, followed by Lithuania (17.5 percent), and Latvia (12.6 percent). On the other hand, Austria had the lowest share of SMEs with credit constraints, amounting to only 1.4 percent.
Credit constraint is defined as the inability of households or enterprises to borrow against future income or profit, mainly because lenders believe that borrowers are unlikely to repay their loans.
Credit constraint is defined as the inability of households or enterprises to borrow against future income or profit, mainly because lenders believe that borrowers are unlikely to repay their loans.
