Economy, Domestic Economy

SMEs Share of Job Market

SMEs Share of Job MarketSMEs Share of Job Market

Small- and medium-sized enterprises provide jobs for 40% of Iran’s working population, Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh said.

His deputy, Ali Yazdani, said 96% of the 88,000 licensed Iranian businesses are considered small- and medium-sized, adding that there are over 80,400 small and 4,300 medium-sized businesses in Iran, Mehr News Agency reported.

By definition, enterprises run by 100 workers or less, and 50 workers or less are considered medium- and small-sized businesses respectively, according to Iran’s Small Industries and Industrial Parks Organization.