Annual report on European SMEs - 2016-2017

"All but 0.2 % of enterprises which operated in the EU-28 non-financial business sector in 2016 were SMEs. These SMEs employed 93 million people, accounting for 67 % of total employment in the EU-28 non-financial business sector, and generating 57 % of value added in the EU-28 non-financial business sector. Almost all (93 %) of the SMEs were micro SMEs employing less than 10 persons.

In 2016, 30.6 million individuals were self-employed in the EU-28, accounting for 14 % of total EU-28 employment."

SMEs are the backbone of the EU´s economy …

Click to go to EU Commission

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The Annual Report 2017

Executive Summary

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Authors: Patrice Muller, Jenna Julius, Daniel Herr, Laura Koch, Viktoriya Peycheva, Sean McKiernan
Editor: Karen Hope

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Brussels, 23 November 2017 - The 2016/2017 annual report on European SMEs is now available. It presents good news: SME recovery continues.
The annual report, prepared on a yearly basis, provides a synopsis of the size, structure and importance of SMEs to the European economy and an overview of the past and forecasted performance of SMEs from 2008 to 2018. Comparisons with partner countries outside the EU and with the large enterprise sector are also included.