{"id":337872,"date":"2025-12-09T20:28:21","date_gmt":"2025-12-09T20:28:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/337872\/"},"modified":"2025-12-09T20:28:21","modified_gmt":"2025-12-09T20:28:21","slug":"large-businesses-in-the-eu-small-number-high-turnover-news-articles","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/337872\/","title":{"rendered":"Large businesses in the EU: small number, high turnover – News articles"},"content":{"rendered":"

In 2024, the EU<\/a> had around 33.5 million enterprises<\/a>, employing 164.2 million people. Those enterprises registered a net turnover<\/a> of \u20ac38.7 trillion.\u00a0<\/p>\n

Although large enterprises<\/a> (more than 249 people employed) represented only 0.2% of the total number of enterprises in the EU\u2019s business economy<\/a> (55\u202f000 enterprises), they generated more than half (51.3%) of the net turnover (\u20ac19.9 trillion). They employed 36.3% of the labour force in the business economy (59.7 million people).<\/p>\n

Medium-sized enterprises (50-249 people employed) constituted 0.8% of the total number of enterprises in the business economy (251 000) and 15.2% of its employment (24.9 million). These enterprises registered approximately one-fifth (17.2%) of the net turnover (\u20ac6.6 trillion).\u00a0<\/p>\n

Most companies in the EU business economy, 99.0% (33.2 million), were micro and small enterprises employing up to 49 people. Together, they accounted for almost half of the employment in businesses (48.5%, 80 million) and generated \u20ac12.2 trillion in net turnover, representing 31.5% of the total net turnover.\u202f\u00a0<\/p>\n

This information comes from the preliminary data on\u202fstructural business statistics<\/a>\u202f(SBS) for 2024, published by Eurostat today.\u00a0<\/p>\n

\"Business<\/a><\/p>\n

Source dataset: sbs_sc_ovw<\/a><\/p>\n

Industry, trade and services: similar turnover, different employment levels<\/p>\n

In 2024, the EU\u2019s services sector registered the highest turnover at \u20ac12.6 trillion (32.6%) and the highest number of enterprises with 21.2 million (63.4% of the total number of enterprises). It also represented more than half of the business economy\u2019s employment (86.5 million, 52.7%).\u00a0<\/p>\n

Industry generated 31.7% of the total net turnover in 2024 (\u20ac12.3 trillion). With only 7.3% of the total number of enterprises (2.5 million), it employed around one-fifth of the business labour force (33.6 million people, 20.5% of the total number of people employed).<\/p>\n

Trade represented 29.7% (\u20ac11.5 trillion) of the total turnover but employed 18.3% of people (30.1 million). This sector represented 17.2% of all enterprises (5.8 million).\u00a0<\/p>\n

Construction had 12.1% (4.0 million) of the total number of enterprises, but only 6.0% (\u20ac2.3 trillion) of the total turnover. This sector employed 14.0 million people (8.5%).\u00a0<\/p>\n

\"Enterprises,<\/a><\/p>\n

Source dataset: sbs_sc_ovw<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In 2024, the EU had around 33.5 million enterprises, employing 164.2 million people. Those enterprises registered a net…\n","protected":false},"author":2,"featured_media":337873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,4073,164,1695,48310,17908],"class_list":{"0":"post-337872","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-data-driven-news","12":"tag-economy","13":"tag-industry","14":"tag-sbs","15":"tag-trade-and-services"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/337872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=337872"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/337872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/337873"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=337872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=337872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=337872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}