MSME country indicators

MSME country indicators

The MSME Country Indicators Database 2014 records the number of formally registered micro, small, and medium enterprises (MSMEs) across 155 economies. The 2014 update includes the latest country MSME definitions, number of enterprises, employment figures, sectorial distribution, and historical data. In addition, the 2014 update kick-starts the collection of information regarding MSME contribution to the economies and includes information on multiple MSME definitions and data sources within a country. Data is also disaggregated by firm size. 

Only clean data is presented on the maps (excluding economies whose information is not census data or not covering all sectors in the economy - except for agriculture - or outliers). However, all data (clean and not clean) is included in the downloadable full database excel file. For more information and before using the data please read the Description Note on the MSME Country Indicators – 2014 along with the country specific comments in the MSME-CI MS Excel workbook. MSME-CI presents secondary data collected by various institutions (statistical institutes, ministries, international organizations, small business promotion agencies, research institutions and others) using different methods (survey, census and others). IFC is not responsible for the quality, accuracy, reliability or completeness of data provided by the sources. Data are not always standardized across countries and time which, among other issues, hampers comparability.

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2014 Report: Towards a Better Understanding of Micro, Small, and Medium Enterprises

This note provides an overview of the updated and expanded data for the MSME Country Inidcators database across 155 economies. Descriptive statistics for MSME definitions and data are presented. The analysis of MSME definitions suggests that the most widely used variable for defining an MSME is the number of employees followed by turnover and assets. Variability for threshold values is high among countries, but it reduces with firm size. In general, it was found that threshold values tend to decrease with country incomes. The analysis of data indicates that there are around 162.8 million formal MSMEs where more than 508 million employees work. High income economies have the highest number of MSMEs per 1,000 people while the highest growth rates are found among lower middle income economies. MSME share of employment fluctuates between 50 to 70 percent across regions.

Even though MSMEs are important in terms of number of enterprises and contribution to employment, there is room for improvement in terms of their contribution to value added, particularly in developing countries. Better access to finance, streamlined business environments, a better competitive landscape, adequate institutional frameworks, less poverty and increased shared prosperity are related to higher numbers of formal MSMEs per 1,000 people around the world. Finally, the quantity and quality of MSME data require drastic improvements in order to produce rigorous studies and enhance the understanding of the MSME sector.

2010 Report: Micro, Small, and Medium Enterprises Around the World: How Many Are There, and What Affects the Count?

This note provides an overview of new data on MSME (micro, small, and medium enterprise) Country Indicators for 132 economies. There are 125 million formal MSMEs in this set of economies, including 89 million in emerging markets. Descriptive statistical analysis is presented on the relationship between formal MSME density (number of formally registered MSMEs per 1,000 people) and key obstacles for MSMEs, such as access to finance and informality. This analysis shows that formal MSMEs are more common in high-income economies, but that in low- and middle-income economies, MSME density is rising at a faster pace. Second, although there is significant variance in the countries’ definitions of MSMEs, around a third of the countries covered define MSMEs as having up to 250 employees. Third, formal MSMEs employ more than one-third of the world’s labor force, but the percentage drops significantly with income level. Fourth, MSMEs are more likely to identify access to finance as their biggest obstacle than are large firms. In fact, in economies with a higher percentage of firms with no formal credit, MSME density is lower. Finally, a larger informal sector is associated with lower formal MSME density. Measures of barriers to firm entry and exit, such as the minimum capital requirement and the recovery rate in case of bankruptcy, are also associated with lower formal MSME density.

Learn more about analysis done in 2010

Description Note on the MSME Country Indicators 2014

Please read the “Description Note on the MSME Country Indicators 2014” along with the country specific comments in the Micro, Small, and Medium Enterprise Country Indicators (MSME-CI) MS Excel workbook before using the data. MSME-CI presents secondary data collected by various institutions (statistical institutes, ministries, international organizations, small business promotion agencies, research institutions and others) using different methods (survey, census and others).

Micro, Small and Medium Enterprise Country Indicators (MSME-CI) provides both the latest global snapshot and historic data back 25 years on the number of MSMEs (disaggregated by firm size) in 155 world economies.

These datasets can help you find the answers to questions such as:

  • How many MSMEs are there in a given country?
  • How many jobs are provided by MSMEs?
  • What is the firm size-breakdown within the MSME sector?
  • How did the number of MSMEs change over the past 15-25 years?
  • How do Statistical Institutes, Ministries of Finance, MSME Associations or groups alike define MSMEs? And what are the most common definitions?
  • What are the relationships between the number of MSMEs and income per capita, business regulatory environment, access to finance, informality?
  • What are the growth rate trends across regions and economies from different income groups?
  • What is the composition of MSMEs from a sector standpoint?

 

Please read the ‘Description Note on the MSME Country Indicators’ along with the country specific comments in the MSME-CI excel workbook before using the data. MSME-CI presents secondary data. The data are not always standardized across countries and time. The original data are collected by various institutions (statistical institutes, ministries, and small business promotion agencies, research institutions and others) using different methods (e.g., census). Only clean data is presented on the data visualization maps (excluding economies whose information is not census data or not covering all sectors in the economy - except for agriculture - or outliers). However all data (clean and not clean) is included in the downloadable full database files below.


Number of Economies: 155
Previous Data Updates: 2007 - Micro, Small, and Medium Enterprises: A Collection of Published Data
2010 - Micro, Small and Medium Enterprise Country Indicators (MSME-CI)
Format: Excel, .CSV, JSON and other formats
MSME-CI Structure: 1. Definitions and Data. 
2. MSME Country Indicators Data Sources. 
3. Historical Data.
Data Scope: MSME structure (all data broken down by firm size)

  • MSME Definitions (number of employees, value of sales, value of assets): micro, small and medium
  • Size Breakdown of the MSME Sector (% of all MSMEs): micro, small and medium 

MSME Participation in the Economy

  • Number of MSMEs
  • MSME per 1000 people
  • MSME employment (% of total) 
  • MSME employment (absolute number) 
  • MSME value added to the economy 

Distribution of MSMEs by Sectors

  • Percentage distribution of micro, small and medium enterprises in manufacturing, trade, services, agriculture/other
Sources: 1) National Statistic Offices; 2) Central Bank, Banking Association, Ministry of Finance, Ministry of the Economy, or alike; and 3) Small Business Administration/Development/Promotion Agencies, SME Regional Institutions, SME Associations, etc. Also, Ministry of Industry or alike.
 

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Check data preview on the tabs above, explore raw data and create your own summaries and visualizations

 

Check data preview on the tabs above, explore raw data and create your own summaries and visualizations