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Micro, small and medium enterprises (MSMEs) are considered the backbone of many economies in the world including the Philippines.  Accounting for 99.5% of the total number of business establishments in the country, the Department of Trade and Industry (DTI) estimated that MSMEs contributed 35.7% of the total value-added or gross domestic product in 2018. MSMEs generated 5.7 million jobs or 63.2% of the total employment in 2018.  Collectively, MSMEs are those with employee size of less than 200 and with asset size of below P100 million.

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer

 

 

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer

 

 

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finffacts in figures

Panel Bot Budgetg Brieferbudget Briefer