By: Dragoš Vučković, economic expert of the Center for geostrategic studies
Usually in our country, the rapid development of small and medium-sized enterprises and entrepreneurs (SMEs) is justifiably linked to our entry into the transition process, in which they have become a significant economic factor, today with over 360,000 entities, employing about 930,000 workers. This means 99.9% of the total number of business entities, which carries over 2/3 of the total number of employees of the non-financial business sector (NFPs) or a share of the total employment of 44%. Their contribution in gross domestic product (GDP) is almost 30%, almost double that in NFPs , share in exports 40% and in imports 55%.
