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SME Compass

SME Compass directs you to vital data, intelligence, and insights—empowering you to make informed business and policy decisions.

SME Compass Index 2024

The SME Compass Index is a pioneering composite index designed to evaluate SME competitiveness. At its core are 9 pillars, each a weighted average of thematically linked indicators, cumulatively encompassing a set of 75 indicators. These indicators are derived from financial reports of over 20,000 businesses, a dedicated SME compass survey encompassing 1,500 firms, and additional datasets from surveys conducted by the Statistical Office. By design, the Index offers a comprehensive, representative snapshot of SME competitiveness, dissecting nuances across varied dimensions: business size, geographic location, and sector of activity.

SME Compass Index 2024 Overview:

The SME Compass Index in 2024 stands at 42.0 out of 100, signaling a lower-mid level of competitiveness and development in Serbia’s SME sector.

Access to finance

56%

Industry 4.0

56%

Business sentiment

52%

Business environment

44%

Innovation

42%

Human resources

41%

Gender equality

31%

Business model

28%

Green transformation

17%

1500

Surveyed Firms

75

Indicators

11

Sectors

SME Compass Insighter

The SME Compass Insighter delivers insights into pivotal macro and business trends that define environment for SMEs. It grants you access to data on employment and salaries, exports by product and market, interest rates and price levels, and a deep dive into businesses’ sentiment and growth perceptions. It provides insights into sector’s production and productivity as well as a granular breakdown of the private sector. A unique feature of the Compass Insighter suite is the BizMap: Explore and Connect tool, designed to pinpoint companies aligning with your specific criteria based on their distinct characteristics and geographical footprint.

9,067

GDP pc

3.6

GDP Growth Q3 (YoY)

28.6

Export value €

6.5

Export growth

5.7

Inflation rate - Feb. Y/Y

7.3

Intrest rate

65.4

Employment rate

8.8

Unemployment rate

770

Net Salary

41200

BizMap firms

Adjust SME Compass to your specific needs

SME Compass and its indicators can be easily adjusted to meet your analytical needs, supporting you to set evidence-based strategy or assess your position and progress relative to competitors or targets.

Explore the data, navigate your decisions, and elevate  your competitiveness.