New Zealand Business Demographic Statistics
New Zealand Business Demographic Statistics: At February 2005
Business Numbers Continue to Rise
The number of non-farming businesses increased 3.1 percent (to 334,340) in February 2005 compared with February 2004, Statistics New Zealand said today.
There were 334,340 New Zealand businesses in February 2005. This is an increase of 3.1 percent from February 2004, following a 9.9 percent increase in the previous year.
The boost in business numbers came from property and business services (up 3,970), followed by construction (up 2,680).
Property and business services was the industry with the largest number of businesses, representing over a third of all enterprises in New Zealand.
The manufacturing sector was the largest employer, with approximately 268,200 employees in February 2005.
New Zealand businesses had 1.73 million
employees in February 2005. Business size
Almost two-thirds of the total growth in business numbers in February 2005, compared with 2004, was in enterprises with one to five employees.
Ninety-six percent of non-farming businesses had fewer than 20 employees, but in total this group accounted for less than a third of all New Zealand employees.
Less than 1 percent of enterprises in New Zealand had 100 or more employees, but this group accounted for 47 percent of all employees in New Zealand.
Business numbers increased in all regional council areas in February 2005 compared with February 2004.
Thirty-five percent of business locations in New Zealand were in the Auckland region in February 2005. Forty-one percent (150,540) of non-farming businesses in New Zealand were located in the rest of the North Island.
The number of business locations in the South Island increased by 3,230 (4 percent) in February 2005.
Note: This information comes from Statistics New Zealand's Business Frame. It excludes businesses engaged in farming, and generally excludes businesses whose GST turnover is less than $30,000 per year.
The term 'business' includes enterprises which may be a company, partnership, trust, estate, incorporated society, producer board, local or central government organisation, voluntary organisation or self-employed individual.
There is a companion Hot Off The Press information release published – New Zealand Business Demographic Statistics: At February 2005 .