2022 Philippine MSME Statistics
Number of Establishments
The 2022 List of Establishments (LE) of the Philippine Statistics Authority (PSA) recorded a total of 1,109,684 business enterprises operating in the country. Of these, 1,105,143 (99.59%) are MSMEs and 4,541 (0.41%) are large enterprises. Micro enterprises constitute 90.49% (1,004,195) of total establishments, followed by small enterprises at 8.69% (96,464) and medium enterprises at 0.40% (4,484).
The top five (5) industry sectors according to the number of MSMEs in 2022 were: (1) Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (546,863); (2) Accommodation and Food Service Activities (158,113); (3) Manufacturing (133,504); (4) Other Service Activities (71,145); and (5) Financial and Insurance Activities (50,782). These industries accounted for about 86.90% of the total number of MSME establishments.
Geographical Spread of MSMEs
Majority of the MSMEs can be found in the National Capital Region (NCR) with 204,844 (18.54%) business establishments, Region 4-A (CALABARZON) with 163,710 (14.81%), Region 3 (Central Luzon) with 139,912 (12.66%), Region 7 (Central Visayas) with 79,689 (7.21%), and Region 6 (Western Visayas) with 75,553 (6.84%). These top five (5) locations accounted for about 60.06% of the country’s total number of MSME establishments. The regional concentration of MSMEs is largely associated with economic activity and population size.
Collectively, these MSMEs generated a total of 5,607,748 jobs or 65.10% of the country’s total employment. Micro enterprises produced the biggest share (32.69%) closely followed by small enterprises (25.35%) while medium enterprises lagged behind at 7.06%. Meanwhile, large enterprises generated a total of 3,006,821 jobs or 34.90% of the country’s overall employment.
In terms of regional distribution, the majority of jobs are generated by MSMEs in the National Capital Region (NCR) with 1,426,870 jobs; followed by MSMEs in Region 4-A (CALABARZON) with 815,616; Region 3 (Central Luzon) with 638,470; Region 7 (Central Visayas), 443,031; and Region 6 (Western Visayas), 353,126.
By industry sector, MSMEs in the Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles sector generated the most number of jobs with 2,366,256 followed by Manufacturing (1,529,913), Administrative and Support Service Activities (1,247,578), Accommodation and Food Service Activities (727,663), and Financial and Insurance Activities (442,555).
Data Source: Philippine Statistics Authority (PSA)
You may also view the 2022 Philippine MSME Statistics in Brief.
For detailed information on the 2022 List of Establishments (LE), you may contact the Service and Industry Census Division of the Philippine Statistics Authority (PSA) at email@example.com.
For other MSME-related information, you may contact the Bureau of Small and Medium Enterprise Development (BSMED) at firstname.lastname@example.org. ♦