Older man

760 executives responded to the Azets Barometer

Two thirds (68%) of SMEs in Finland, Sweden, Norway, Denmark and the UK expect the economy to improve in the next 12 months

Finnish small and medium-sized enterprises were the most confident about the future of the countries surveyed: 75% of Finnish SMEs expect the economy to improve in the next 12 months. More than half of SMEs (56%) plan to invest in their business over the next year.

Despite the confident attitude towards the economy and the company's own revenue, Finnish SMEs are the most cautious in terms of recruitment: 42% do not plan to recruit any person in the next 12 months. In Denmark, only 22% of SMEs do not expect to recruit.

The caution of Finnish executives is also reflected in investment plans, as 38% of Finnish SMEs do not plan to invest in the next year. In Sweden, there is enough willingness to invest, as only 19% do not intend to invest.

By downloading the report, you will find more useful information on the views of SMEs in different market areas and interviews with case companies.

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The Barometer, conducted by Azets, the leading provider of accounting, payroll, HR and advisory services and technology solutions, was published on 9 August 2021. The survey interviewed 760 executives in the Nordic countries and the UK from companies with a turnover of up to EUR 60 million and / or a maximum of 250 employees.