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• SMEs Contribution to Output

• Small & Medium Enterprises

• Structure and Dynamics

• Archive

• Structure and Dynamics - 2007
• Structure and Dynamics - 2006
• Structure and Dynamics - 2005
• Structure and Dynamics - 2004
• Structure and Dynamics - 2003
• Structure and Dynamics - 2002
• Structure and Dynamics - 2001
• Structure and Dynamics - 2000
• Structure and Dynamics - 1999

SMEs account for one third of New Zealand's output.

Using value-added⁹ as a measure of the contribution of SMEs to total output in the economy, we can see from Figure 7 that SMEs accounted for 38 percent ($25,959m) of total output in 2002, with small enterprises making up over half ($14,351m) of this portion.

These output figures exclude the A01 ANZSIC classification, Agriculture. The A01 classification contributed $6,451m in value-added in 2002.

Figure 7: Total Value Added by Enterprise Size, 2002

→ Full size version of Figure 7 [26KB GIF file]

⁹Value-added is calculated as gross output minus intermediate consumption and is provided with the following caveats:

• Value-added is calculated as gross output minus intermediate consumption. This figure should only been seen as a proxy. While source data used for this feed into the system for National accounts from which official GDP is calculated, these data have not been through this process and therefore only provide an indicator.
• The figures have been deflated by a generic deflator which is not output specific and are not related to the QGDP figures that are published by Statistics New Zealand.
• These data are not standard output and as such are not available in any other cross-tabulations.
• Figures expressed in terms of 1997 dollars.