In times of crisis, such as the one the world is currently facing in the context of the COVID-19 pandemic, access to finance becomes even more critical to address the immediate and profound effects on SMEs. At the moment of publication, the impacts of the crisis are still unfolding, with the longer-term implications for SME access to finance still unknown. Governments around the world are designing policy responses towards SMEs in need of external finance. This context, coupled with longstanding challenges in this area, calls for further strengthening the evidence base in order to get SME financing policies right.
This document is based on the report Financing SMEs and Entrepreneurs 2020: An OECD Scoreboard. It highlights key recent trends in SME and entrepreneurship finance; provides an overview of developments in government policy in this area; and offers recommendations to further improve the evidence base. The full publication provides information for 48 countries worldwide (see back cover for the list of participating countries).