The SME Market in Spain

What is a Small to Medium Enterprise in Spain?

Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well.

SMEs in Europe are defined as having a Staff head-count of between 10 and 250 employees, or a sales turnover (revenue) of between €2 m EUR and €50 m EUR, or a Balance sheet total of between €2 m EUR and €43 m EUR (assets).

Small and medium-sized enterprises (SMEs) are the backbone of Europe's economy. They represent 99% of all businesses in the EU. They employ around 100 million people, account for more than half of Europe’s GDP and play a key role in adding value in every sector of the economy. SMEs bring innovative solutions to challenges like climate change, resource efficiency and social cohesion and help spread this innovation throughout Europe’s regions. They are therefore central to the EU’s twin transitions to a sustainable and digital economy. They are essential to Europe’s competitiveness and prosperity, industrial ecosystems, economic and technological sovereignty, and resilience to external shocks. 

  🇪🇸 EUR [1.16921 GBP]    Africa/Ceuta   Europe/Madrid
The  SME Market in Spain
Image: Adobe Stock Jarmo V #402132315

How big is the SME Market in Spain?

Small and medium-size enterprises play a hugely important role in the economy of Spain. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

Spain has a population of over 46,762,221 people.

What help is available for SMEs in Spain?

Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.

Entrepreneurship and SMEs


Andalusia | Aragon | Asturias | Balearic Islands | Basque Country | Canary Islands | Canary Islands | Cantabria | Castile and León | Castile-La Mancha | Catalonia | Catalunya | Extremadura | Galicia | La Rioja | Madrid | Navarre | Region of Murcia | Toledo | Valencian Community