60% of female-led SMEs with no employees are in the health sector 5% £2.2 trillion Turnover generated by SMEs of SME employers were MEG-led, the same as in each year since 2015 (MEG-led is defined as having a person from an ethnic minority in sole control or having a management team at least half of which are from an ethnic minority) 16.3m private-sector jobs are provided by SMEs A HEAD FOR F 1.1m 41% of businesses in the UK survive for five years or more private-sector businesses are in London and 940,000 in the South East, accounting for 35% of the UK business population 14% of SME employment is in wholesale and retail trade and repair RESEARCH PAVAN VAGHELA SOURCES: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY, OFFICE FOR NATIONAL STATISTICS, COMPANIES HOUSE, PARLIAMENT.UK, THE SUNDAY TIMES SME EXPORT TRACK 100, FEDERATION OF SMALL BUSINESSES 51% of all UK business turnover is generated by SMEs 18 18 YB2020 SME infographic CM_F3.indd 18 13/02/2020 12:03http://www.PARLIAMENT.UK