Enterprise Europe Network presents SME Growth Outlook for 2019-20

Submitted by Alina Danieles… on 26 November 2019

The SME Growth Outlook 2019-20 report produced by the Enterprise Europe Network provides a snapshot of the current situation for small and medium-sized enterprises (SMEs) in Europe, based on survey data from businesses using the Network's services. It contains many useful insights as it captures the views of a number of small businesses on how they expect growth in terms of turnover, workforce, market share, prospects for international expansion, and innovation.

The Enterprise Europe Network's 2019 survey data shows that SMEs with international ambitions remain cautiously optimistic about their near-term growth. While optimism levels for turnover, market share and job creation over the coming year slightly fell compared to 2018, they remained broadly consistent with figures for the past two years. This year’s star performer was Estonia where SMEs were the most optimistic for the coming 12 months across all three categories of growth. Greece, Sweden and Romania also scored well above average.

The full report, top insights and country data are in the attachments below.

The report was published on een.ec.europa.eu website here. (c) European Union, 1995-2018