General

As at February 2007:¹

• 97% of enterprises were SMEs with 89% of enterprises employing five or fewer people;
• the number of SMEs had increased 2% since 2006;
• SMEs accounted for 31% of all employees with five or fewer employee firms accounting for 12% of all employees; and
• those employed by SME’s increased by 18% since 2001.

¹ SMEs in New Zealand: Structure and Dynamics 2008, Ministry of Economic Development (MED) 2008.