Small and medium size enterprises
|Updated: 19.12.2012 - Next update: 28.11.2013|
Turnover in enterprises grew by seven per cent in 2011 from the year before
According to the Business Register of
Statistics Finland, 322,232 enterprises operated in Finland in
2011. These enterprises employed 1,486,000 persons as wage or
salary earners or entrepreneurs and generated EUR 385.2 billion in
turnover. There were one per cent, or 3,300 more enterprises, and
three per cent more employees, that is 42,100 persons, than in the
previous year. Turnover grew by seven per cent, as was also the
case in the year before, and the increase amounted to EUR 26.3
Small or medium-size enterprises, i.e. enterprises with a personnel of under 250 people, represented 99.8 per cent of all enterprises. They employed 65 per cent of all personnel and accounted for 51 per cent of total turnover. There has been no noteworthy change in these shares in recent years. The number of medium-size enterprises that employ 50-249 people, as well as their number of personnel, grew more than average. The amount of such enterprises increased by seven per cent and their number of personnel rose by six per cent, while the corresponding figures for SMEs were one per cent and 3.5 per cent, and for all enterprises one and three per cent. Large enterprises that employ over 250 people represented 0.2 per cent of all enterprises and they employed 35 per cent of all personnel, and accounted for 49 per cent of total turnover.
Statistics Finland / Finnish enterprises
Description of indicator
Small and medium sized enterprises (SMEs) are defined as
enterprises with fewer than 250 paid employees.
Paid employees comprise wage and salary earners. Employees are converted to annual full-time employees so that, for example, an employee working half-time represents one half of a person and two employees working half-time for one year represent one annual full-time employee.