The barrier of 2 trillion has broken. Record revenues for micro-enterprises, despite rising costs

The revenues of companies employing up to nine people exceeded PLN 2 trillion in 2024, PKO Bank Polski reported. The number of such enterprises increased during this time to 2.4 million, and they employed 4.5 million people.

According to PKO BP, the share of micro-enterprises in Poland in the group of active entities is 98 percent; these companies generate almost 28%. Polish GDP. However, analysts pointed out that micro-enterprises experienced high labor, energy and service costs in 2024, which had a negative impact on margins, although general business conditions were stable.

“Micro-enterprises are characterized by a positive development trend. In 2024, the number of entities increased by almost 3 percent. Revenues increased to a greater extent than inflation and slightly faster than costs,” analysts noted. In their opinion, they had the highest gross profitability among the entire population of enterprises, and most of them focused on the domestic market.

Last year, there were 2.4 million active micro-enterprises in Poland. This is an increase of 66 thousand. They employed 4.5 million workers, i.e. 59 thousand more than more people. At the same time, their annual revenues amounted to over PLN 2 trillion (an increase of 5.6%), and their costs, after an increase of 5.1%, exceeded PLN 1.7 trillion. The financial result amounted to PLN 385 billion and increased by 8.2%. The investment expenditure of such companies – according to information from PKO BP – increased by 5.4%. up to PLN 50.5 billion.

Over 35 percent micro-enterprise revenues were generated by trading and car repair companies, other important areas of activity are construction (13.7%) and professional activities (8.1%), the bank's experts said.

PKO BP forecasts economic growth of approximately 4% in 2026, an improvement in the labor market and an investment boom driven by funds from KPO and the energy transformation. “Entrepreneurs will benefit from lower cost pressure thanks to stabilization of energy prices, lower interest rates and a slowdown in wage growth, and the strong position of consumers will support demand. Geopolitical and economic instability will continue to be a challenge for entrepreneurs, including the war in Ukraine, strong competition from China for Polish and European industry, and US customs policy,” the bank said. (PAP)

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