Global Micro-,Small and Medium-sized Enterprises Report 2025.


On behalf of the International Council for Small Business (ICSB), I am honored to present the 2025 ICSB Global Report on Micro-, Small, and Medium-Sized Enterprises (MSMEs). Released in celebration of the United Nations-designated MSMEs Day (June 27), this report continues ICSB’s tradition of advancing actionable knowledge, innovative policy, and human-centered entrepreneurship for the world’s most vital business sector. This year’s report centers on the theme of “Navigating Permanent White Water,” a concept that describes the nonstop turbulence MSMEs now face, from market and tariff turbulations, geopolitical conflict, to rapid digital transformation and supply chain volatility. In this era, disruption is no longer episodic; it is a constant. For MSMEs, which often operate with fewer buffers and greater exposure to risk, the stakes are even higher. This theme sets the stage for urgent reflections on what it takes for micro and small businesses not just to survive, but to thrive: the capacity to adapt continuously, innovate with limited resources, build networks of support, and remain grounded in purpose in a world defined by uncertainty and acceleration. The report opens with a visionary call in “Human-Centered Entrepreneurship: Empowering MSMEs to Thrive”, followed by deep dives into regional and thematic issues such as “Building Resilience to Climate Change”, “The Double Transition: Formalization and Sustainability”, and “From Gaps to Growth: Accelerating SME Digitalisation”. We also highlight transformative academic perspectives in “School for Business and Society.” We also provide strategic overviews in the MSMEs Global Dashboard and the Top Ten MSMEs Day Trends for 2025, as well as a preview of what’s to come in “The 2025 SME Competitiveness Outlook: A Digital Transformation Roadmap.” 
 

To every Micro Business, Small Business, & Medium-sized Business Entrepreneur, this Global Report is in recognition of your efforts. Download the ICSB Global Micro-,Small and Medium-sized Enterprises Report 2025.

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