Home Resources Library Strategy How Do Economies Define Micro, Small and Medium Enterprises (MSMEs)?
How Do Economies Define Micro, Small and Medium Enterprises (MSMEs)?

How Do Economies Define Micro, Small and Medium Enterprises (MSMEs)?

The note covers official and working definitions of MSME by governments and private financial institutions for 120 economies. This notealso includes amatrix of variables used for defining MSME, which summarizes what the most common characteristics of MSME definitions are.

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These variables include number of employees,assets, turnover, capitaland investment; andthese variable scan be differentiated by industryin some cases. For the analysis of the distribution of the MSME definitions by number of employee sand by region, as used in the MSME Country Indicators (MSME-CI), please see the note “Micro, Small, and Medium Enterprises around the World: How Many Are There, and What Affects the Count?”

Within an economy, there are often more than one agency that have their own MSME definition (e.g. statistical institutes, private banks, governmental MSME promotion agenciesand others). Out of 120 economies covered, 26 economies havemore than one MSME definition.

Asterisk signifies that the definitionis the same as the one applied in the MSME-CI, which is,in most cases, the definition applied by the national statistical instituteor its equivalent.

Additional information

Language

English

Pages

136

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