Global economy

The vital role of SMEs in the recovery

28/06/2021 PNG

While digital tools have become vital for business continuity during COVID-19, digital adoption among smaller companies – which account for 99% of businesses in OECD countries – has historically lagged behind larger companies.

Closing that gap is crucial: more than 50% of small and medium-sized enterprises (SMEs) have increased their use of digital tools during the pandemic, while government recovery packages have placed a priority on digitalising, reskilling and greening SMEs.

Our latest report looks at the critical roles SMEs will play in the broader economic recovery and the policies governments can put in place to support them.

Discover more in the OECD SME and Entrepreneurship Outlook 2021.