The Māori SME economy in New Zealand is predominantly made up of sole traders and small businesses, with 86% employing fewer than five full-time equivalents (FTE). This reflects Māori economic values, where businesses prioritise the well-being of whānau and hapori, alongside financial success.
While similar to the general SME economy, where 89% of businesses employ fewer than five people, Māori SMEs show slightly higher percentages in the 5-19 FTE range, suggesting potential growth in medium-sized enterprises.
Māori SMEs also benefit from a younger and growing population, which is expected to make up a larger share of New Zealand’s workforce in the future. Between Census 2013 and 2018, the Māori labour force grew by 39%, compared to 22% for non-Māori. This includes a 53% increase in Māori employers and a 56% rise in Māori employees, significantly outpacing non-Māori growth in these areas.
In Tāmaki Makaurau, the working-age Māori population increased by 30%, adding over 28,000 people. This includes a 47% rise in employment, while unemployment fell by 5%. In comparison, the non-Māori working-age population grew by just 9%, highlighting the rapid growth of Māori participation in the labour force.
These statistics illustrate the growing role of Māori in New Zealand’s economy, particularly through SMEs, and reflect the potential for continued growth in employment, business ownership, and community well-being3.
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Data extracted 10 September 2024