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SMEs Contribution to Output


This Document is Archived


SMEs in New Zealand: Structure and Dynamics - 2003

[ Last Updated 4 November 2005 ]


SMEs account for one third of New Zealand's output

Using value added8 as a measure of the contribution of SMEs to total output in the economy, we can see from figure 8 that SMEs accounted for 36 percent ($24,592m) of total output in 2001, with small enterprises making up just over half ($13,608m) of this portion. Total value added for 2001 is estimated to be $67,729m (expressed in 1997 dollars).

Figure 8: Total Value Added by Enterprise Size, 2001

Graphic of Figure 8: Total Value Added by Enterprise Size, 2001

 $m
0-5 FTEs14,755.50
6-9 FTEs4,768.98
10-19 FTEs6,261.44
20-49 FTEs7,468.05
50-99 FTEs4,511.57
100+ FTEs34,678.55

8Value 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.

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