SME productivity, measured as value added per person employed, averages €88,900. This is approximately double the EU average, mainly thanks to the widespread presence of foreign firms, which have, on average, higher productivity (in 2016, double compared to Irish-owned companies, if all companies are considered) and, among SMEs, specifically influence micro firm productivity.
SMEs have also displayed a strong e-commerce performance in the last few years, according to The Digital Economy and Society Index by the European Commission – 32% of SMEs sell online, and 18% sell across borders, well above the EU averages of 17% and 8%, respectively.
27% of SME total turnover originates from online sales, more than double the EU average of 12%. Irish companies also rank high in the use of social media (44%), cloud services (41%) and big data (23%).