Highlights: The Micro and Small Businesses in the EU
- There are 31 Million enterprises in the EU that employed 156 Million individuals.
- 98% of the enterprises comprised micro and small enterprises, each employing up to 49 people.
- The micro and small businesses in the EU collectively generated jobs for 75.8 Million Immigrants.
- The Eurostat has published Structural Business Statistics (SBS) along with the EBS Framework.
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Details of the Eurostat Reports
Eurostat published a detailed report on the Structural Business Statistics (SBS) framework along with the European Business Statistics (EBS) framework. Micro and small enterprises in the EU generated nearly 75.8 million jobs for immigrants, while large and medium-sized enterprises followed.
The table given below has complete data on the enterprises and the value added by them.
|
Size of the enterprise |
Number of people employed |
Value added |
|
Micro & small Enterprises |
75.8 Million |
€3.3 trillion |
|
Medium enterprises |
24.0 Million |
€1.6 trillion |
|
Large Enterprises |
55.6 Million |
€4.4 trillion |
The Highest Contributing Sectors in the EU
According to Eurostat data, the "industry" sector is one of the largest in the EU and has the highest turnover. The sector produced one-third of the turnover €10.6 Million) and employed around 33 million people.
Below are the stats for the highest employment-generating sectors in the EU.
|
Sector |
Number of people employed |
|
Industry |
33 Million |
|
Trade |
29.5 Million |
|
Construction |
13.4 Million |
|
Other services |
80.2 Million |
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Web story: 75.8 Million reasons for immigrants to choose work in the EU