THE IMPORTANCE OF SMEs AND THE EFFECTS OF COVID-19 PANDEMIC OVER SMEs STATISTICS
DOI:
https://doi.org/10.31567/ssd.595Keywords:
small and medium enterprises (SMEs), Production value by SMEs, SME employment, added value by SMEs, Covid-19 PandemicAbstract
It is described as “SME” economic units or enterprises that employed less than 250 people and net
revenue or balance sheet less than 220 billion TL. In this study, it is considered SMEs’ importance
in Turkish economy with the data annually between 2009 and 2021 by tables and graphs and by
comparing larger companies’ data and mentioned the effects of Covid-19 Pandemic to SME
statistics. According to the data of 2020, there are 3.295.995 SMEs in Turkey and it means that
99.76 % of all firms operate in Turkey is SME. In 2009, SMEs produced the 44.67 % of all
production with 76 % of all workers in Turkey; in 2020, they produced the 42.75 % of all
production with 72 % employment. Despite of that, SME Loan is 23 % of all cash credits This credit rate increased only to 23, 73 % in 2020 by some credit support under government
supports because of Covid-19 Pandemic. While SMEs created 44 % of all added-value in 2019, this
rate decreased to 41 % in 2020 because of Covid-19 Pandemic. In the same way, it is seen that the
added value per employee decreased from 23 % to 21 %. Shortly, even though SMEs are influenced
negatively from the Covid-19 Pandemic, they are still engine of production and so economy of
Turkey as before.
