As of 2023, finding employees with the right skills is the largest problem faced by European businesses of all enterprise sizes. Large business find skills shortages to be a larger problem than SMEs, with 72 percent of large business citing it as one of their three most pressing problems, with only 53 percent of micro-businesses saying so. On the other hand, SMEs are much more likely to cite regulatory obstacles, limited access to finance, and unfair competition as being more important issues for them than for large businesses.
Biggest problems faced by business in the European Union in 2023, by enterprise size
Characteristic
Large companies (250+ employees)
Medium-sized companies (50-249 employees)
Small companies (10-49 employees)
Micro companies (<10 employees)
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European Commission. (October 31, 2023). Biggest problems faced by business in the European Union in 2023, by enterprise size [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1446396/biggest-problem-faced-by-eu-businesses/
European Commission. "Biggest problems faced by business in the European Union in 2023, by enterprise size." Chart. October 31, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1446396/biggest-problem-faced-by-eu-businesses/
European Commission. (2023). Biggest problems faced by business in the European Union in 2023, by enterprise size. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1446396/biggest-problem-faced-by-eu-businesses/
European Commission. "Biggest Problems Faced by Business in The European Union in 2023, by Enterprise Size." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1446396/biggest-problem-faced-by-eu-businesses/
European Commission, Biggest problems faced by business in the European Union in 2023, by enterprise size Statista, https://www.statista.com/statistics/1446396/biggest-problem-faced-by-eu-businesses/ (last visited August 25, 2024)
Biggest problems faced by business in the European Union in 2023, by enterprise size [Graph], European Commission, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1446396/biggest-problem-faced-by-eu-businesses/