In 2022, there were approximately 470,967 people employed by SMEs in Latvia. Micro-sized enterprises that employed between zero and nine people employed 185,436 people in this year, small-sized businesses (10-49 employees) employed 149,262 people, while medium ones (50-249 employees) employed around 136,269 people.
Number of people employed by small and medium-sized enterprises (SMEs) in Latvia from 2008 to 2022, by enterprise size
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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European Commission. (June 20, 2022). Number of people employed by small and medium-sized enterprises (SMEs) in Latvia from 2008 to 2022, by enterprise size [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/936816/employment-by-smes-in-latvia/
European Commission. "Number of people employed by small and medium-sized enterprises (SMEs) in Latvia from 2008 to 2022, by enterprise size." Chart. June 20, 2022. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/936816/employment-by-smes-in-latvia/
European Commission. (2022). Number of people employed by small and medium-sized enterprises (SMEs) in Latvia from 2008 to 2022, by enterprise size. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/936816/employment-by-smes-in-latvia/
European Commission. "Number of People Employed by Small and Medium-sized Enterprises (Smes) in Latvia from 2008 to 2022, by Enterprise Size." Statista, Statista Inc., 20 Jun 2022, https://www.statista.com/statistics/936816/employment-by-smes-in-latvia/
European Commission, Number of people employed by small and medium-sized enterprises (SMEs) in Latvia from 2008 to 2022, by enterprise size Statista, https://www.statista.com/statistics/936816/employment-by-smes-in-latvia/ (last visited November 24, 2024)
Number of people employed by small and medium-sized enterprises (SMEs) in Latvia from 2008 to 2022, by enterprise size [Graph], European Commission, June 20, 2022. [Online]. Available: https://www.statista.com/statistics/936816/employment-by-smes-in-latvia/
