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Small Businesses Statistics Australia

Report Highlights

Active Trading Businesses Operating in Australia by June 2011 2,132,412
Australian Businesses that Exported Goods between 2010 and 2011 17,774
Active trading businesses in Australia in the year 2010 2,124,650
Small Businesses in Australia that Employ Four People or Less. 88%
New Businesses in Australia that Survive for only Four Operational Years 54%
Australian Businesses considered as Small and Medium Enterprises 99.8%
Large Businesses that experienced Barriers to Innovation between 2010 and 2011 50.3%
Number of Businesses in Australia 2.3 Million
  • There were 61.2% non-employing businesses in Australia, with 23.9% employing businesses and small businesses accounting for 10.8%.
  • The export has increased by 1.4% from the year 2009 to 2010
  • In 2010-2011, small businesses and medium businesses had 65.8% and 58.8% barriers to innovation.

small business statistics australia

The Dominance of Small Businesses

  • At the same time, 62% are non-employing, with approximately 98% employing 20 people and less.
  • There are 1 to 4 employees in small businesses that make up 71% of total employing businesses.
  • In 2017 and 2018, there has been an increase in the non-employing category by 5%.
  • The employing categories range from 1 to 4, 5 to 19, 20 to 199, and 200 plus.

Businesses in Australia Survival

  • Of the businesses that started less than four years ago, 46% are not operational at the moment.
  • Notably, one in three businesses in Australia that has been operational in less than four years does not operate currently.
  • 36% of the businesses in operational for 4 years no longer exist.
  • There have been over 2 million businesses that have been operational in Australia for the previous four years.

Top 3 Australian Industries that have Highest Business Number

  • There are 383,326 construction businesses in Australia.
  • There are 280,425 technical, scientific, and professional services in Australia.
  • There are 252,249 hiring, real estate, and rental services in Australia.
  • There are over 2.3 million businesses in Australia.
  • NSW and VIC are leading with over 2/3 of all Australian businesses that make 783,050 of all businesses.
  • Victoria makes the largest annual growth with approximately 27 353 new businesses.
  • The highest rate of entry in ACT stands at 18% regarding experience in the revolving of door effect
  • The ACT also has the highest exit rates of 13%.
  • The lowest revolving door effect entry is Tasmania, with the lowest exit rate of 10%.

Turnover Size Range

  • The small business turnover for the ones operating from zero to $50,000 is 24.8%.
  • The ones that have between $50,000 and $200,000 is 34.3%.
  • Between $200,000 and $2,000,000 stands at 34.1%.
  • The business that has a turnover of between $2 000,000 and $5,000,000 is at 4.0%.
  • The ones at 1.4% operate at a turnover of between $5,000,000 and $10,000,000.
  • Nevertheless, that has $10,000,000 and over is at 1.5%.

Start-Up Attempts Numbers and Types

  • Over 1000 participants of the 30,000 households contacted randomly that were identified as the nascent firm founder.
  • The 625 nascent firms with roughly 559 young firms were corporative in the interview.
  • Business creation in the US stands at 4.9% as compared to 3.4% for Australia.
  • Besides, the start-up retail industry stands at 13.6%, while consumer services are at 12.5%.
  • Health, social services and education start-up business have a rate of 11.9%.
  • Australian business services and consultations stand at 11.2%.
  • Construction businesses are at 9.5%, while manufacturing is at 6%.
  • The hospitality industry is at 4.1%, and the agricultural industry stands at 5.3%.
  • Besides, the communication business in the Australian business is at 4.0%.
  • However, the remaining 22% are in the miscellaneous industry.

Private Sector Contribution to Value added in Australian Business Size

  • Most of the small businesses contribute around 34% to the private sector industries in Australia between 2010 and 2011.
  • 23% contributed to medium-sized businesses, while 43 % is for the large businesses in Australia.
  • Between 2013 and 2016, there have been Nano businesses in Australia that increased significantly.
  • In 2013, the dataset stood at 35%, while in 2016, it was at 42%.
  • Small businesses are the ones that are considered to have less than 20 employees in Australia.

Industry Contribution to Australian Small Business In Private Sector

  • Around 80% of total forestry, fishing, and agricultural industry value-added tend to be attributed to Australian small businesses.
  • 39% contribute to the private sector within the service sectors.
  • There is also around 20% in the manufacturing sector that is up from 19% in 2009.
  • However, 9% contribute to the mining sector.

Employment Share In the Private Sector By Business Size By The End Of 2011, June

  • 84% 0f private Employment in the small business sector revolves around the service sector.
  • There have been 9% of businesses in the agricultural, fishing, and forestry industry.
  • In the manufacturing industry, there have been 6% in small scale businesses.
  • Besides, the mining sector counts for 1% in the small business arena in Australia.
  • Notably, 17% of the small business employments are in the service sector with much concentration to construction subsector.
  • In addition, 13% of the small businesses are in scientific, retail trade, professional, and technical services subsectors.

Value of Exported Goods

  • From 2010 to 2011, small businesses exported some goods that were worth $1.24 Billion.
  • The export represented 0.5% of the goods exported total value.
  • However, it is notable that from 2009 to 2010, the export value stood at 0.6%.
  • The total value of the export from 2010 to 2011 was 32.9% from the small business enterprises.
  • 1% was from the manufacturing industry, while the largest market share was from the transport, postal, manufacturing, and warehousing sector, with approximate 17.9%.
  • However, the retail trade recorded a growth of 9.1% that significantly impacted the small industries in Australian small businesses.
  • A large decrease in the export value in small businesses recorded 11.1%, especially in the fishing, forestry, and agricultural sectors.
  • Nevertheless, the construction subsector recorded a decrease of 3.2%, which greatly impacted the small businesses sector in the Australian country.

Foreign Ownership Regarding Employment Size in Australia as of June 2011

  • 97% of the Australian people own small businesses in the country.
  • 9% of the employees in the small businesses are Australian natives in the businesses.
  • However, the number always decreases with a high employment size that makes the Australian people 20.2% with a small business with over 200 people.

Geographic Markets that Business Sell Services and Goods Regarding the Size of Employment

  • Where there is between 0 to 4 staff, there are approximately 78.9% of the market.
  • The outsiders stand at 37.5%, within the range of 0 to 4 employees.
  • The overseas market is at 5.7%, within the same range of 0 to 4 workers.
  • However, when the employment size increases, like over 200 people, the locals increase to 79.0%, while the overseas markets stand at 34.6%.

Survival Rate

  • The businesses survival rate in Australia has declined, with small businesses doing at 59.7 from 2007 to 2011.
  • Medium businesses with 20 and 199 staff have a survival rate of 75.8%, while the large businesses with over 200 persons stand at 74.3% in Australia.

Sources

https://www.asbfeo.gov.au/sites/default/files/documents/ASBFEO-small-business-counts2019.pdf

https://mccrindle.com.au/insights/blog/australia-the-small-business-nation-2/

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