Exploring Financial Literacy in SMEs: A Comprehensive Bibliometric Analysis

Financial Literacy (FL) is vital for Small and Medium Enterprises (SMEs) as it allows entrepreneurs to lead sustainable growth of their businesses. This research aims to conduct a bibliometric analysis of the literature on FL in SMEs. The analysis is based on 182 documents obtained from the Scopus database, covering the period of 2005-2023. The researchers executed a performance analysis targeting the recognition of influential entities such as countries, organizations, journals, authors, and publications that have played an important role in the development of research in this field. The study used several bibliometric tools including trend analysis, Bradford’s Law, Lotka’s Law, corresponding author analysis, country analysis, keyword analysis, and thematic maps using Biblioshiny software. It was found that there is a consistent upward trend in the annual publications with a peak in the year 2022. Lotka’s law highlights the significant contribution of a few authors to the total scholarly output. Worth mentioning among these findings is the USA's status as the highest academic contributor with 38 papers in the field and a substantial total citation count of 1864. These results indicate that the subject of FL of SMEs is gaining an increasing attraction among scholars with great potential for further scientific development.