Analysis of the Development of Small and Medium-Sized Enterprises in Russia in the Long Term: Factors and Growth Barriers

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Analysis shows SME growth trends and challenges in Russia, indicating potential for improved economic contributions.

SMEs have contributed to employment and GDP in Russia, indicating their importance despite a low share compared to developed nations.
Between 2010 and 2024, the SME sector faced growth and crises due to geopolitical factors and the COVID-19 pandemic.
Observational analysis shows that microenterprises dominate the SME structure, primarily as sole proprietorships, with substantial regional disparities in growth.
Barriers such as regulatory complexities and limited financing access hinder SME development, yet signs of adaptation and recovery are visible.

Markin et al. (2025) studied this question.

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