Financing SMEs and Entrepreneurs 2016
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Financing SMEs and Entrepreneurs 2016

An OECD Scoreboard

This report monitors SME and entrepreneur access to finance in 37 countries. It includes indicators of debt, equity, asset-based finance and framework conditions for SME and entrepreneurship finance, complemented by an overview of recent developments in public and private initiatives to support SME finance. Taken together, these indicators form a comprehensive framework for policy makers and other stakeholders to evaluate the financing needs of SMEs.

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Author(s):
OECD

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Hungary defines SMEs using the standard criteria provided by the European Union. An SME is an enterprise with fewer than 250 employees and an annual turnover not exceeding EUR 50 million. (The definition is stipulated in Law No. XXXIV of 2004 on the Small and medium–sized enterprises and on the support of their development.)

 
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