Small and Medium Enterprises (SMEs) in Hong Kong account for 98% of total business units and 47% of total employment. Check out our infographic Small and Medium Enterprises (SMEs) in Hong Kong for latest Hong Kong SMEs statistics and trends.
Infographic by GO Globe Web Design Hong Kong
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Manufacturing enterprises with fewer than 100 employees and non-manufacturing enterprises with fewer than 50 employees are regarded as small and medium enterprises (SMEs) in Hong Kong.
Estimated number of SMEs in Hong Kong – 321,000
98.8% of Manufacturing business units and 98.4% of Services Business units in Hong Kong are SMEs
Sector | SMEs (%age of total Business Units) |
Manufacturing | 98.8% |
Service | 98.4% |
Distribution of SMEs by Sector
Sector | %age |
Import/Export and Wholesale | 36% |
Retail | 15% |
Professional and Business services | 13% |
Social and Personal services | 12% |
Financing and Insurance | 6% |
Real Estate | 4% |
Information and communication | 4% |
Accommodation and food services | 4% |
Transport and logistics | 3% |
Manufacturing | 3% |
SMEs with higher digital engagement have better business outcomes. High digitally engaged SMEs are about 2.9 times more likely to grow, gain around 15% more in revenue growth and 24% more in revenue per employee compared to not digitally engaged SMEs
%age of Hong Kong SMEs by Digital Engagement
Digital Engagement | %age |
High | 52% |
Medium | 19% |
Low | 15% |
No | 14% |