Contrary to popular perception, the New Zealand economy has a lower proportion of employees in small to medium-sized enterprises (19 or fewer employees) than the OECD mean and has a similar proportion of large fi rms to the OECD mean. However, New Zealand’s large fi rms are smaller than the OECD mean, suggesting that New Zealand has fewer very large fi rms. Labour productivity levels differ substantially across the New Zealand industries. GDP per hour paid is highest in: electricity, gas, and water supply; forestry and mining; fi nance and insurance; and transport, storage, and communication.
