New OECD report shows loans to SMEs hit new heights during the pandemic, as small firms face renewed pressures during the recovery
Data and research on industry and entrepreneurship including small-medium enterprises (SMEs), global value chains, tourism, steel and shipbuilding., A new OECD report, “Financing SMEs and Entrepreneurs 2022: An OECD Scoreboard” shows that outstanding SME loans increased significantly during the first year of the pandemic. The median stock of SME loans increased by 4.9%, the highest upturn registered since the OECD Scoreboard was created 10 years ago.
Source: oecd.org