Latin American and Caribbean jobs

90% 90 percent of Latin American and Caribbean jobs are generated by the private sector. Source: ECLAC.2009. Social Panorama of Latin America 2009.

SME productivity

40% Small and Medium-sized Enterprises in the region suffer from low productivity. Their productivity is less than 40 percent that of the larger firms in the region. Source: Peres, W. and G. Stumpo. 2000. Small and Medium-Sized Manufacturing Enterprises in Latin America and the Caribbean Under the New Economic Model. World Development, Vol. 28, No. 9, pp. 1643-1655.
 

SMEs face credit constraints

80% 80 percent of SMEs face credit constraints. The financing gap ranges from $125 billion to $155 billion. Source: IFC. 2010. Scaling-Up SME Access to Financial Services in the Developing World, Financial Inclusion Expert Group, SME Finance Sub-Group.
 

Informal companies in Latin America and the Caribbean

41% Informal companies in Latin America and the Caribbean account for about 41 percent of the region’s gross domestic product. Source: Schneider, F. 2002. Size and Measurement of the Informal Economy in 110 Countries Around the World. Workshop of Australian National Tax Centre. Canberra, Australia. July 17,2002.