SME Economic Performance Review

Tags: , ,

Every year the European Commission analyses how much progress the countries made in implementing the Small Business Act for Europe (SBA).

The SME performance review is one of the main tools the European Commission uses to monitor and assess countries’ progress in implementing the Small Business Act (SBA) on a yearly basis. With an emphasis on the measures from the SBA action plan, the review brings comprehensive information on the performance of SMEs in EU countries and other partner countries. It consists of 2 parts: an annual report on European SMEs and SBA country fact sheets.

The SBA fact sheets are developed on the basis of a wide range of indicators and national policy developments, grouped according to the SBA’s ten policy dimensions:

  1. Entrepreneurship
  2. ‘Second chance’
  3. ‘Think Small First’
  4. ‘Responsive administration’
  5. State aid & public procurement
  6. Access to finance
  7. Single market
  8. Skills & innovation
  9. Environment
  10. Internationalisation

It is important to note that the figures presenting trend charts in the EU SME sector represent estimates for 2017-2020, based on 2008-2016 figures from the Structural Business Statistics Database (Eurostat).

For more information and to read the latest annual report, country-specific factsheets and the accompanying study, visit the European Commission website.

Watch the SME Assembly 2019 highlights: