Europe’s small businesses proved resilient to COVID-19 pandemic disruption. Here’s what that means for SMEs

Jan 3, 2023

Smaller companies proved more resilient to COVID-19 pandemic disruption than larger firms Image: Unsplash/seanpollock

Johnny Wood

Writer, Forum Agenda

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Percentage of size class in the non financial business economy

Companies with fewer than 50 people make up 99% of the EUs non-financial business economy. Image: Eurostat

Percentage of enterprise size class across economic activities in the EU

Distributive trades, manufacturing and construction employed more than half of SME staff in 2020. Image: Eurostat

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Europe’s small businesses proved resilient to COVID-19 pandemic disruption. Here’s what that means for SMEs

Johnny Wood

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How to build resilience in emerging economies? Support small businesses

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