{"id":632382,"date":"2026-09-30T19:00:34","date_gmt":"2026-09-30T19:00:34","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/632382\/"},"modified":"2026-09-30T19:00:34","modified_gmt":"2026-09-30T19:00:34","slug":"eu-businesses-e10-9-trillion-in-value-added-in-2024-news-articles","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/632382\/","title":{"rendered":"EU businesses: \u20ac10.9 trillion in value added in 2024 &#8211; News articles"},"content":{"rendered":"<p class=\"ecl-u-type-paragraph\">In 2024, there were around 34.0 million <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Enterprise_-_SBS\" rel=\"nofollow noopener\" target=\"_blank\">enterprises<\/a> in the <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:European_Union_(EU)\" rel=\"nofollow noopener\" target=\"_blank\">EU<\/a>, employing 164.5 million people. Those enterprises generated a <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Net_turnover_-_EBS\" rel=\"nofollow noopener\" target=\"_blank\">net turnover<\/a> of over \u20ac38.7 trillion, leading to \u20ac10.9 trillion in <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Value_added_at_factor_cost\" rel=\"nofollow noopener\" target=\"_blank\">value added<\/a>. \u00a0<\/p>\n<p class=\"ecl-u-type-paragraph\">Large enterprises (with more than 249 people employed) represented only 0.2% of the total number of enterprises in the EU\u2019s business economy. However, they employed more than a third of the business economy workforce (37%) and generated around half (49%) of the total value added.\u00a0<\/p>\n<p class=\"ecl-u-type-paragraph\">Medium-sized enterprises (50-249 people employed) made up a small share of total enterprises (0.8%), employed 15% of the workforce, and generated 16% of value added.\u00a0<\/p>\n<p class=\"ecl-u-type-paragraph\">The majority, 99%, of the enterprises were micro and small enterprises (0-49 people employed). Together, these enterprises employed almost half of all people employed in the EU\u2019s business economy (48%) and generated 35% of its total value added. \u00a0<\/p>\n<p class=\"ecl-u-type-paragraph\">This information comes from final data on\u202f<a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/web\/structural-business-statistics\" rel=\"nofollow noopener\" target=\"_blank\">structural business statistics<\/a>\u202f(SBS) for 2024, published by Eurostat today. \u00a0<\/p>\n<p style=\"text-align:center\"><a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/documents\/d\/products-eurostat-news\/business-economy-by-size-2024\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"EU business economy by size, 2024 (% of size class, by NACE rev.2). 3 pie charts by number of enterprises, number of persons employed, value added. Link to full dataset below.\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/09\/SBS_Business_Economy_Visual_01_1920x1080_FIX-100.jpg\" width=\"700\"\/><\/a><\/p>\n<p class=\"ecl-u-type-align-center ecl-u-type-paragraph\">\u00a0Source dataset: <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/databrowser\/bookmark\/53d528d8-7a4c-47e7-b96a-d10dc599378f?lang=en\" rel=\"nofollow noopener\" target=\"_blank\">sbs_sc_ovw<\/a><\/p>\n<p>Services: highest share in employment and in value added<\/p>\n<p class=\"ecl-u-type-paragraph\">The services sector generated half (51%) of the total value added of the EU\u2019s business economy in 2024, the highest share among the 4 main sectors (industry, trade, services and construction). With 64% of all enterprises, it employed more than half of the workforce (53%).<\/p>\n<p class=\"ecl-u-type-paragraph\">The industry sector accounted for 28% of value added, with only 7% of total \u00a0enterprises, and around one-fifth of total employment (20%).<\/p>\n<p class=\"ecl-u-type-paragraph\">Trade represented 15% of value added but accounted for 17% of the enterprises and employed 18% of the people.\u00a0<\/p>\n<p class=\"ecl-u-type-paragraph\">Construction enterprises represented 12% of the total number of enterprises but produced only 7% of the total value added. This sector accounted for 8% of employment in the EU\u2019s business economy.\u00a0<\/p>\n<p style=\"text-align:center\"><a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/documents\/d\/products-eurostat-news\/enterprises-employment-value-added-industry-construction-trade-services-2024\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Enterprises, employment and value added by industry, construction, trade and services, 2024 (% in total economy,absolute values, by NACE rev.2). 3 pie charts by number of enterprises, number of persons employed, value added. Link to full dataset below.\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/09\/SBS_Business_Economy_Visual_02_1920x1080_FIX-100.jpg\" width=\"700\"\/><\/a><\/p>\n<p class=\"ecl-u-type-align-center ecl-u-type-paragraph\">Source dataset: <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/databrowser\/bookmark\/1277a5ea-9501-4029-8c3e-1ee0c14037df?lang=en\" rel=\"nofollow noopener\" target=\"_blank\">sbs_sc_ovw<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In 2024, there were around 34.0 million enterprises in the EU, employing 164.5 million people. Those enterprises generated&hellip;\n","protected":false},"author":2,"featured_media":632383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,2508,184,85,2069,46,51449,2510],"class_list":["post-632382","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-data-driven-news","tag-economy","tag-il","tag-industry","tag-israel","tag-sbs","tag-trade-and-services"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/632382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=632382"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/632382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/632383"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=632382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=632382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=632382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}