Enterprises: A business or service entity operating in New Zealand. It can be a company, partnership, trust, estate, incorporated society, producer board, local or central government organisation, voluntary organisation or self-employed individual.
Employee Count: Employee count is a head-count of all salary and wage earners for the February reference month.
Control classification: Control is the ability to determine the general corporate policy of the institutional unit. In general, an institutional unit is under foreign control if a non-resident unit owns more than 50 percent of the unit’s equity. This can be passed down indirectly (cascade) to subsidiaries, as long as the ownership level stays above 50 percent.
Limitations of the data
There are a number of limitations associated with business demography data. These limitations include:
- Non-coverage of 'small' enterprises that fall below the economic significance criteria on the Statistical Business Register (SBR).
- Lags in recording business births and deaths.
- Difficulties in maintaining industrial and business classifications for smaller firms (that are primarily maintained using administrative data).
Business demography statistics are limited to economically significant individual, private-sector and public-sector enterprises that are engaged in the production of goods and services in New Zealand. These enterprises are maintained on the Statistical Business Register, which generally includes all employing units and those enterprises with GST turnover greater than $30,000 per year.
Changes to data collection/processing
Up to 2015 business demography sereies was based on the Stats NZ Longitudinal Business Frame (LBF).
From 2016 business demography series is based on the Statistical Business Register (SBR).