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.
Annual report on European SMEs
Brussels, 26 November 2019 – The 2018/2019 annual report on European SMEs is now available. It presents good news: for the first time since 2008, the SME sector in all EU countries expanded in terms of both employment and value added.
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 2020.