Small and Medium Enterprises (SMEs) in Hong Kong – Statistics and Trends

Created: Nov 07, 2015

Updated: May 11, 2024

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.

Small And Medium Enterprises In Hong Kong Statistics

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%

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