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Internal Market, Industry, Entrepreneurship and SMEs
The single market strategy

The single market is Europe’s home market – a shared space of 450 million people and 26 million businesses. It drives prosperity, protects citizens and workers, and anchors our economy in an increasingly uncertain world.

With a GDP of €18 trillion, it is the world’s second-largest economy and provides the scale, strength and legal certainty businesses need to grow.

The new single market strategy is the European Commission’s plan to make the single market simpler, seamless and strong – unlocking its full potential for citizens, workers and businesses. It focuses on removing the most harmful barriers, reducing red tape, promoting investment and ensuring fair competition.

The single market has already raised EU GDP by 3–4% and created 3.6 million jobs. Completing it could double these gains.

Strategy focus areas