Currently, Turkey has an estimated 3.2 million active SMEs, representing 99.8% of all registered entities in the country. The SMEs constitute 64.5% of the total turnover of the enterprises, 56.3% of the country’s exports, and 73.8% of its workforce.
Click here to access the “SMEs of Turkey 2020 Report”
SME Classification
According to the “Regulation on the Definition, Qualification and Classification of Small and Medium-Sized Enterprises”, SMEs are classified as follow:
Criteria |
Micro-Sized Enterprise |
Small-Sized Enterprise |
Medium-Sized Enterprise |
Number of Employees |
<10 |
<50 |
<250 |
Annual Net Sales Income |
< TRY 3 Million |
< TRY 25 Million |
< TRY 125 Million |
Annual Financial Balance Sheet |
< TRY 3 Million |
< TRY 25 Million |
< TRY 125 Million |