The Green, Digital and Competitive SME Index measures how well SMEs of each member state of the European Union perform across these three pillars, measured through nine indicators and 22 sub-indicators.

Digital icon

Digital transition

How quickly are those enterprises embracing modern technology across their organisations?

Green leaf icon

Green transition

How fast are SMEs moving to lower emissions and increase energy efficiency?

Competitive icon

SME competitiveness

How quick are they growing and how well performing outside of home markets?

Sweden is No. 1 again in 2023 with good performance across the three pillars. Denmark overtakes the Netherlands in second place thanks to a great improvement on the green transition. And even mid-range performers like Estonia (No. 9), Lithuania (No. 14) and Romania (No. 27) do well at cutting greenhouse gas emissions.

These are the principle findings of The 2023 Green, Digital and Competitive SME Index, an incisive ranking of national performance for Europe's 23 million small- and medium-sized enterprises.

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Rank Country GDC Index Digital Transition
Ranking
Green Transition
Ranking
SME Competitiveness
Ranking
1 Sweden
72.04
4 1 4
2 Denmark
71.85
2 3 3
3 Netherlands
69.36
5 2 2
4 Ireland
63.58
3 22 1
5 Finland
63.19
1 14 8
6 Belgium
61.85
6 6 9
7 Malta
55.42
7 12 13
8 Luxembourg
52.96
20 4 6
9 Estonia
52.22
17 10 5
10 Germany
51.32
8 9 11
11 Austria
51.10
9 7 14
12 Slovenia
50.39
14 15 7
EU
47.25
13 Spain
46.54
15 11 18
14 Lithuania
46.49
13 17 12
15 Slovakia
42.54
24 5 22
16 Italy
42.27
21 13 19
17 Hungary
42.16
19 18 16
18 Portugal
41.96
16 24 17
19 France
41.48
23 8 24
20 Croatia
40.92
12 23 23
21 Czech Republic
40.90
10 21 25
22 Poland
40.76
18 20 21
23 Greece
38.75
25 19 15
24 Latvia
37.96
22 27 10
25 Cyprus
35.89
11 25 26
26 Bulgaria
30.26
27 26 20
27 Romania
28.19
26 16 27
IN DETAIL: You can see the individual data points in the dashboard below.
PillarIndicatorATBEBGCYCZDEDKEEELESFIFRHRHUIEITLTLULVMTNLPLPTROSESISK
Digital TransitionSME Digitalisation
E-commerce
Digital Skills
Green TransitionNatural Resource Conservation
Emission Reduction
Green Output
SME CompetitivenessExports
Productivity
Growth
TIME-SERIES ● PROGRESS STALLED OR REVERSED ● PROGRESS TOO SLOW FOR GOAL ACHIEVEMENT ● PROGRESS ON SCHEDULE FOR GOAL ACHIEVEMENT
Pillar Indicator Sub-Indicator - Compound Annual Growth
Digital Transition SME Digitalisation
I.1.1
Data Analytics
2016-2020
11.82%
I.1.2
Cloud Computing
2014-2021
12.67%
I.1.3
Social Media
2015-2021
11.86%
I.1.4
High Digital Intensity
2015-2019, 2020-2022
9.8%
I.1.5
ICT Security
2019-2022
-0.22%
E-commerce
I.2.1
E-commerce Sales
2015-2022
2.8%
I.2.2
E-commerce Turnover
2015-2022
2.36%
Digital Skills
I.3.1
ICT Specialists
2015-2022
0.84%
I.3.2
ICT In-house
2015-2018, 2019-2022
0%
I.3.3
Training
2015-2022
1.07%
Green Transition Natural Resource Conservation
II.1.1
Consumption
2015-2021
0.6%
II.1.2
Recycling
2015-2021
3.34%
II.1.3
Circular Material Use Rate
2015-2021
0.58%
Emission Reduction
II.2.1
SME Emissions
2016-2021
-1.17%
II.2.2
Overall Change in Greenhouse Gas Emissions
2015-2021
-1.38%
Green Output
II.3.1
SME Green Products
2015-2021
3.1%
II.3.2
SME in Green Sectors
2015-2021
-0.97%
SME Competitiveness Exports
III.1.1
Exporting SMEs
2015-2020
1.19%
III.1.2
SME International Trade
2015-2020
-0.85%
Productivity
III.2.1
SME Labour Productivity
2015-2020
0.63%
Growth
III.3.1
High-Growth Enterprises
2015-2020
-0.56%
III.3.2
High-Growth Employment
2015-2020
-0.77%