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Micro and small enterprises represent 99.7% of business entities in El Salvador, according to estimates presented by the Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE). The institution highlights that this segment constitutes the bulk of the country’s business landscape and plays a significant role in generating economic opportunities.
Data shared by CONAMYPE indicates that, of the total estimated number of businesses, 98.3% are micro-enterprises, while 1.4% are small enterprises. Together, these two categories make up the 99.7%, leaving a much smaller share for medium-sized and large companies.
In terms of numbers, CONAMYPE estimates there are 1,468,606 micro-enterprises and 20,443 small enterprises. Added to these are 3,664 medium-sized enterprises (representing 0.2%) and 1,171 large enterprises (representing 0.1% of the estimated total). These figures demonstrate the widespread presence of smaller businesses within El Salvador’s corporate structure.
The institution summarizes this landscape with the concept that “MSEs represent 99.7% of the country’s businesses”, emphasizing that this composition reflects an economy driven primarily by small businesses and entrepreneurial ventures. For CONAMYPE, this sector embodies an economy with the face of hardworking people and constitutes a vital part of national productive activity.
The significance of MSEs is also reflected in employment. According to other figures released by CONAMYPE, 74% of the employed population works for an MSE, while 26% work in other segments. This means that, based on the data presented by the institution, approximately three out of every four employed individuals rely on a micro or small enterprise for their livelihood.
CONAMYPE also links the strengthening of this sector to the creation of more businesses, jobs, and opportunities. In the material released, the institution posits that a stronger micro and small enterprise (MSE) sector can help generate greater well-being for families and communities, given that these businesses are part of everyday economic activity.
The institution also highlights the role of the business environment in the development of these enterprises, noting that increased confidence can foster investment, entrepreneurship, and business growth. Furthermore, it points out that more people are starting or strengthening their businesses and that more establishments are opening their doors.
Against this backdrop, the 99.7% figure becomes central to gauging the significance of micro and small enterprises within the salvadoran business sector. CONAMYPE’s estimates show that the business landscape is heavily concentrated on these types of enterprises, while their 74% share of employment underscores their importance in the country’s labor market.
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