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The small business weight is higher than in the EU

The small business weight is higher than in the EU

Small and Medium Enterprises (SMEs) are the mainstay for most economies.

But referring to INSTAT data, compared to the European Union, we see that the impact of small and medium-sized enterprises is more important in Albania, as it has a higher percentage in all three indicators under consideration.

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In Albania the number of small and medium enterprises is 99.9% from 99.8% in the EU, the number of employees in this enterprise group is 81% in Albania by 66.6% in the EU. The value added realized by SMEs in Albania accounts for 66.9% of 56.8% in the EU

News Source: ATA

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