Counts of Australian Businesses, including Entries and Exits

Latest release

Contains counts of actively trading businesses, rates of entry to and exit from the market sector of the economy, and rates of business survival.

Reference period
July 2018 - June 2022

Key statistics

At June 30 2022 there were 2,569,900 actively trading businesses in the Australian economy.

In 2021-22 there was a: 

  • 7.0%, or 167,646 increase in the number of businesses, of which 140,102 are non-employing businesses.
  • 19.7% entry rate, with 472,731 entries.
  • 12.7% exit rate, with 305,085 exits.

Entries and exits

The number of actively trading businesses in this release differs from the total number of entities with an Australian Business Number (ABN).

A table of the conceptual and practical basis of counts is published in the Methodology section of this release detailing how these counts differ.

Industry

In 2021-22 the three industries with the largest net increase in businesses were: 

  • Construction (an increase of 33,452 to 445,253 businesses)
  • Professional, Scientific and Technical Services (an increase of 16,595 to 331,918 businesses)
  • Transport, Postal and Warehousing (an increase of 16,530 to 212,333 businesses)

The three industries with the largest percentage growth in businesses in 2021-22 were:

  • Administrative and Support Services (+14.7%, with an increase of 15,685 to 122,344 total)
  • Other Services (+12.9%, with an increase of 14,778 to 129,049 total)
  • Arts and Recreation Services (+10.0%, with an increase of 3,382 to 37,078 total)

The industry with the smallest percentage increase in businesses in 2021-22 was:

  • Agriculture, Forestry and Fishing (1.4%, with an increase of 2,384 to 175,333 total)

States and territories

In 2021-22 there was a:

  • 10.9% increase in the number of businesses in Victoria, the largest percentage growth in any state/territory, with an increase of 71,444 to 726,839 total.
  • 7.7% increase in the number of businesses in the Australian Capital Territory, with an increase of 2,419 to 33,918 total.
  • 4.7% increase in the number of businesses in Tasmania (1,896 to 42,614 total), the lowest percentage growth of any state/territory.

Institutional sector

At the end of 2021-22 households accounted for 54.5% of all businesses, the largest of any institutional sector.

In 2021-22 there was a:

  • 5.6% increase in non-financial corporations, with an increase of 57,073 to 1,074,311 total.
  • 8.9% increase in financial corporations, with an increase of 7,487 to 91,426 total.
  • 7.9% increase in households, with an increase of 102,940 to 1,401,062 total.

Type of legal organsiation

In 2021-22 sole proprietors had the largest net growth of any type of legal organisation, increasing by 90,239 businesses, or 12.7% to 798,209 total.

There was also a:

  • 6.6% increase in companies, with an increase of 65,600 to 1,052,213 total.
  • 1.8% decrease in partnerships, with a decrease of 4,189 to 231,839 total.
  • 31.0% entry rate for sole proprietors, with 219,515 entries.

Employment size

Employment data in this section was created using annualised employment data typically published in CABEE.

An experimental point-in-time employment indicator to capture short term impacts is available in the datacubes. Refer to the Methodology, or the About tab of the relevant datacubes, for more information.

In 2021-22 the number of non-employing businesses increased by 9.9%, with a net movement of 14,978 surviving businesses from employing to non-employing.

There was a:

  • 2.4% increase in businesses with 1-4 employees, increasing by 17,395 to 728,759 total.
  • 5.9% increase in businesses with 20-199 employees, increasing by 3,309 to 59,355 total.
  • 2.8% increase in employing businesses, increasing by 27,544 to 1,019,749 total.

Quarterly experimental counts

In the June quarter 2022 there was a:

  • 2.4% or 60,657, increase in the number of businesses.
  • 5.5% entry rate, with 139,037 entries.
  • 3.1% exit rate, with 78,380 exits.
  • 3.7% increase in non-employing businesses and 0.6% increase in total employing businesses.

For further information on the methodological differences between the quarterly and annual counts please refer to the Technical Note.

Seasonally adjusted data

There is a strong seasonal pattern in the counts of Total Businesses, Business Entries and Business Exits. To assist in distinguishing between short-term trends and the seasonal patterns, seasonally adjusted counts have been prepared for these headline figures.  For more information, please refer to the methodology.

In the June 2022 quarter, in seasonally adjusted terms, there was a:

  • 1.8%, or 45,923, increase in the number of businesses.
  • 1.2% entry rate, with 142,405 entries.
  • 4.9% exit rate, with 94,257 exits.
Count of businesses, entries and exits, March 2022 and June 2022, Australia
Mar-22Change (%)Jun-22Change (%)
Original
Total Businesses2,509,2432.02,569,9002.4
Business Entries126,638-1.5139,0379.8
Business Exits76,581-34.278,3802.4
Seasonally Adjusted
Total Businesses2,518,8341.92,564,7571.8
Business Entries140,7447.9142,4051.2
Business Exits89,8361.194,2574.9

Trend estimates are not calculated for these series as they require the irregular component to be accounted for and this cannot be accurately estimated at this point.

Industry subdivision

In the June quarter 2022, the three subdivisions with the largest net quarterly increase in businesses were:

  • Construction Services (+10,908 businesses)
  • Professional, Scientific and Technical Services (Except Computer System Design and Related Services) (+4,985 businesses)
  • Building Cleaning, Pest Control and Other Support Services (+4,531 businesses)

Data downloads

Data files

Previous catalogue number

This release previously used catalogue number 8165.0.

Data notes

Datacubes 2-11 will be made available in an “Additional Information” release in December. These will include Statistical Areas Level 2 and Local Government Areas as well as ANZSIC class. Release dates are published under the “Forthcoming Issues” section of the publication and in the ABS Release Calendar.

Back to top of the page