A search around the Statistics New Zealand website provides all sorts of interesting data lurking in the datasets and one we came across recently was the births and deaths of businesses by industry, which is in the dataset called New Zealand Business Demography Statistics (Dynamics). Although they include accommodation in with cafes and restaurants, it still gives a good picture of the way in which our industry has grown over the past few years. By Alistair Rowe |
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| Hospitality Industry Births & Deaths 2001- 2007
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2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| Births |
1009 |
1209 |
1448 |
1671 |
1579 |
1401 |
1346 |
| Deaths |
915 |
790 |
742 |
738 |
1045 |
1142 |
1338 |
| Net Growth |
94 |
419 |
706 |
933 |
534 |
259 |
8 |
Another interesting feature is the survival rates of businesses.
As of February 2007, of the 1009 businesses that started in 2001, 454 (45%) are still alive. 192, or 19%, didn’t make it to 2002.
The worst survival rate is Communication Services, and the largest category of businesses being born and dying each year is Property and Business Services which accounts for around 41% of start-ups each year.
Funnily enough, the category with the greatest survival rate is Government administration and defence with a 100% survival rate of enterprises opening in 2002.
47 new departments (?) were born in the years 2001 to 2007 and only 22 went out of business in that period, meaning we now have 25 Government enterprises we didn’t have in 2000. The question mark is around whether they could legitimately be called businesses.
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