Waikato regional economic profile - Waikato Regional Council

Figure 109: Proportion of employment in geographic units with 0-19 employees (2011)The overall business density 368 in New Zealand as at 2011 was 136 enterprises per1000 active working age population. New Zealand has had the highest businessdensity each year since 2003 compared to all other countries recorded. 369 Small andmedium-sized enterprises accounted for 161 enterprises per 1000 active working agepopulation. Business density in the Waikato region was approximately 166 enterprisesper 1000 active working age population and because it correlates closely with thepercentage of small businesses in the region, its position relative to other regions issimilar to that measure, as shown in figure 110.Figure 110: Business density by region – geographic units per 1,000 working (2011)The larger centres generally have the highest percentages of new enterprisescompared to existing enterprises, but the Waikato region’s position is more similar tosmaller regions, as shown in figure 111.368Business density means the number of firms (measured as geographic units) per 1,000 working age population.369Ministry of Economic Development (2011h, p. 29).Doc # 2069885 Page 117