MYOB SME Performance Indicator

Utilising over 17 million observations from anonymised MYOB data we have developed a new indicator on the economic performance of small businesses.

The SME Performance Indicator is determined by the calculation of gross value added (GVA) for businesses with 1-19 employees, aggregated for the whole Australian small business sector. GVA is a measure of the value of goods and services produced in an area, industry or sector of an economy. The deviation of GVA from real GDP provides the SME Performance Score of small business health1 relative to the Australian economy.  

The Report was covered extensively in the media, including in this article in The Australian Financial Review and will be released quarterly to provide new and timely insights into the performance of the Australian Economy.

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