The Future of Business Survey is a new source of information on small and medium-sized enterprises (SMEs). Launched in February 2016, the monthly survey - a collaboration between Facebook, OECD, and the World Bank - provides timely information on how firms with a digital presence assess the current state and future outlook of their business, the main challenges they face and their involvement in international trade.
The OECD participates in the design of the survey, which constitutes an innovative experiment of public-private partnership in data development and collection that contributes to deliver new insights on businesses in the digital economy. The survey currently covers SMEs with Facebook accounts across 42 developed and emerging economies.
JUST RELEASED: GLOBAL STATE OF SMALL BUSINESS REPORT - Wave IV Update
20 Oct. 2020 - This survey, by Facebook and the OECD, is the fourth in a series of six monthly surveys and provides an update on the ongoing impacts of Covid-19 on Small & Medium-sized Businesses (SMBs).
In August, the pace in the decline of SMB closure rates slowed and most active SMBs continued to report significantly lower sales compared to the same month last year, reflecting increasing financial challenges for SMBs.
This month’s study takes a deep dive into the differing impact of the COVID-19 pandemic on female and male business leaders, including insights on how domestic tasks, such as homeschooling and childcare, affected the work of female and male business leaders respectively.