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Table 1 Current definition of MSEs in Ethiopia

From: Application of variable selection and dimension reduction on predictors of MSE’s development

Level of enterprise

Sector

Head count staff

Total asset ETB

Total asset USD

Micro enterprise

Industry

\(\le 5\)

\(\le 100{,}000\)

\(\le 4630\)

Service

\(\le 5\)

\(\le 50{,}000\)

\(\le 2310\)

Small enterprise

Industry

6–30

101,000–1,500,000

4630–69,500

Service

6–30

50,001–500,000

2310–23,150