Started reforms are characteristic for Serbia, as the country is in
transition, high rate of unemployment, unfinished privatization and other
problems of development, which is in direct link with low level of
development of total economy, as also of the small and medium sized
entrepreneurship’s sector. Firstly, the dynamics of enterprises’ number and number of employees was observed in period of 2003 to 2005, so it could be
possible to overview level of development of small and medium sized
entrepreneurship in Serbia.