Number of SMEs worldwide 2000-2023 by region

Published by
Einar H. Dyvik,
Aug 6, 2024

There were estimated to be approximately 358 million SMEs worldwide in 2023, an increase when compared to 2020 when there were 328 million. When broken down by region, the continent with the most SMEs was Asia.

Estimated number of small and medium sized enterprises (SMEs) worldwide from 2000 to 2023, by region (in millions)

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Release date

August 2024

Region

Worldwide

Survey time period

2000 to 2023

Supplementary notes

*This definition of SMEs refers to all companies in this estimate that have fewer than 250 employees.

Data compiled by Statista: Around 75% of figures based on national sources. Missing values estimates based on multiple regression analysis.

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