Small and medium-sized enterprises (SMEs) had a value added of approximately 5.4 trillion euros to the European economy in 2024 with micro-sized enterprises accounting for approximately 1.8 trillion euros of this amount.
Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size
(in million Euro)
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Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size
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The source adds the following information: The data cover the 'non-financial business economy', which includes industry, construction, trade, and services (NACE Rev. 2 sections B to J, L, M and N), but not enterprises in agriculture, forestry and fisheries and the largely non-market service sectors such as education and health. The following size-class definitions are applied: micro firms (0-9 persons employed), small firms (10-49 persons employed), medium-sized firms (50-249 persons employed), and large firms (250+ persons employed). The advantage of using Eurostat data is that the statistics are harmonised and comparable across countries. The disadvantage is that for some countries the data may be different from those published by national authorities.
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Catalina Espinosa
Research expert covering society, economy, and politics for Europe and the EU
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European Commission. (July 4, 2024). Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro) [Graph]. In Statista. Retrieved April 26, 2025, from https://www.statista.com/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission. "Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro)." Chart. July 4, 2024. Statista. Accessed April 26, 2025. https://www.statista.com/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission. (2024). Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro). Statista. Statista Inc.. Accessed: April 26, 2025. https://www.statista.com/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission. "Value Added by Small and Medium-sized Enterprises (Smes) in The European Union (Eu27) from 2008 to 2024, by Enterprise Size (in Million Euro)." Statista, Statista Inc., 4 Jul 2024, https://www.statista.com/statistics/936386/value-added-by-smes-in-eu-member-states/
European Commission, Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro) Statista, https://www.statista.com/statistics/936386/value-added-by-smes-in-eu-member-states/ (last visited April 26, 2025)
Value added by small and medium-sized enterprises (SMEs) in the European Union (EU27) from 2008 to 2024, by enterprise size (in million Euro) [Graph], European Commission, July 4, 2024. [Online]. Available: https://www.statista.com/statistics/936386/value-added-by-smes-in-eu-member-states/
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