{"id":156055,"date":"2025-07-16T06:58:54","date_gmt":"2025-07-16T06:58:54","guid":{"rendered":"https:\/\/teknomers.com\/en\/we-excel-in-productivity-with-medium-and-large-companies-the-challenge-is-that-we-struggle-to-compete-with-smes\/"},"modified":"2025-07-16T06:58:55","modified_gmt":"2025-07-16T06:58:55","slug":"we-excel-in-productivity-with-medium-and-large-companies-the-challenge-is-that-we-struggle-to-compete-with-smes","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/we-excel-in-productivity-with-medium-and-large-companies-the-challenge-is-that-we-struggle-to-compete-with-smes\/","title":{"rendered":"We excel in productivity with medium and large companies. The challenge is that we struggle to compete with SMEs."},"content":{"rendered":"\n

The Real State of Productivity in Spain: Debunking Myths and Unpacking Data<\/h2>\n

The \u00a0OECD\u00a0 has long placed Spain at the bottom of the productivity rankings among developed nations. However, this perception does not accurately reflect the complexities of the Spanish economy, as highlighted by recent OECD reports. For instance, while the overall growth in productivity appears sluggish, companies with between \u00a010 and 250 employees\u00a0 often exceed the productivity averages of their OECD peers. This anomaly is due to the fact that \u00a095.1%\u00a0 of Spanish businesses are \u00a0small and medium-sized enterprises (SMEs)\u00a0, most of which consist of fewer than \u00a010 employees\u00a0.<\/p>\n

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What the OECD Reports Reveal<\/strong><\/p>\n

The *OECD’s Productivity Report 2024* shows that the annual growth rate of productivity per hour worked in Spain stands at \u00a00.5%\u00a0, compared to the OECD average of \u00a01.2%\u00a0. This results in Spain being clearly positioned below the average of other developed economies.<\/p>\n

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Interestingly, a \u00a0BBVA Foundation Analysis\u00a0 points to a \u00a00.9%\u00a0 year-on-year increase in total productivity of factors (PTF), which takes into account both labor and capital productivity. These findings corroborate OECD conclusions, placing Spain as the \u00a0second-fastest-growing\u00a0 country in productivity over the past two decades.<\/p>\n

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However, notable discrepancies surface between different company sizes within Spain. The productivity gap is less about Spain versus Europe and more about how various sized companies operate in unison. This insight reveals the inefficiencies at the microenterprise level.<\/p>\n

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\n \"Total
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\n Total productivity of the factors (PTF) by country. Source: Productivity Council of Spain<\/span>\n <\/div>\n<\/p><\/div>\n<\/div>\n

The Issue of Microenterprises<\/strong><\/p>\n

The Productivity Council of Spain reports that the essential characteristic of the country\u2019s productive landscape is its \u00a0microenterprises\u00a0. These account for \u00a095.1%\u00a0 of Spanish companies, demonstrating that microbusinesses are the rule, not the exception. As per OECD data, Spanish microenterprises generated an added value of \u00a0$56,990\u00a0 per worker in 2023, while large companies achieved \u00a0$108,356\u00a0. This stark difference indicates that large firms are \u00a090% more productive\u00a0 than their smaller counterparts.<\/p>\n

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The productivity of these microenterprises stands at \u00a015.3%\u00a0 below the OECD average, significantly dragging down the national average. The OECD has consistently noted that having too many very small companies limits overall productivity improvements and capacity for investment.<\/p>\n

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\n
\n \"Productivity
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Medium-Sized Companies: A Silver Lining<\/strong><\/p>\n

A notable finding is that the \u00a0medium-sized companies\u00a0 in Spain have reported higher productivity than the EU average, outperforming other advanced economies within their category. Companies with \u00a010 to 49 employees\u00a0 have been shown to be \u00a08.7% more productive\u00a0 than the OECD average, while those with \u00a050 to 250 employees\u00a0 are \u00a09.1%\u00a0 more productive, and organizations exceeding \u00a0250 employees\u00a0 are \u00a05.2%\u00a0 above the average.<\/p>\n

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Only \u00a04.9%\u00a0 of Spanish firms maintain productivity levels above the OECD average, positioning these companies at the forefront of \u00a0international competitiveness\u00a0.<\/p>\n

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Addressing the Challenges of Size and Investment<\/strong><\/p>\n

The OECD suggests that improvement in productivity among microenterprises requires focused initiatives geared toward investment and innovation aimed at increasing the \u00a0value added per employee\u00a0. Spain’s performance in investment for machinery, ICT assets, and R&D is notably lagging. Recent \u00a0Bank of Spain\u00a0 reports indicate that while public investment is recovering and performing well, private business investment has yet to regain its pre-pandemic levels.<\/p>\n

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In summary, while Spain has faced criticisms regarding its overall productivity, deeper analysis reveals a more nuanced picture. Medium and large companies are thriving and outperforming many of their global counterparts. The challenge remains to uplift the microenterprise sector, enabling it to contribute more significantly to the national economy and productivity levels.<\/p>\n


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General News – 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Real State of Productivity in Spain: Debunking Myths and Unpacking Data The \u00a0OECD\u00a0 has long placed Spain at the bottom of the productivity rankings among developed nations. However, this perception does not accurately reflect the complexities of the Spanish economy, as highlighted by recent OECD reports. For instance, while the overall growth in productivity […]<\/p>\n","protected":false},"author":1,"featured_media":156056,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36399],"tags":[7955,1723,1829,26149,328,38434,28029,38963,1157],"class_list":["post-156055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-challenge","tag-companies","tag-compete","tag-excel","tag-large","tag-medium","tag-productivity","tag-smes","tag-struggle"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/156055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=156055"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/156055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/156056"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=156055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=156055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=156055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}