• Australia - entrepreneurial activity participation by business stage 2019

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During the survey period in 2019, it was estimated that 10.5 percent of the population aged 18 to 64 years were engaged in early stage entrepreneurial activity, which means that they are in the process of starting a business or already started a business which is less than 42 months old.

Share of entrepreneurs in Australia as of June 2019, by business stage

	Share of respondents
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Source

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Source

Release date

February 2020

More information

Region

Australia

Survey time period

April to June, 2019

Number of respondents

2,000+ adults

Age group

18-64 years

Special properties

Based on 2019 GEM adult population survey

Method of interview

Questionnaire

Supplementary notes

< Definitions of listed indicators according to the source >
- Nascent entrepreneurship rate:
percentage of the population aged 18–64 years that have started a business that is less than 4 months old and that has not paid salaries or wages.
- New business ownership rate:
percentage of the population aged 18–64 years that have started a business that is between 4 and 42 months old and is paying salaries or wages.
- Total early-stage entrepreneurial activity (TEA) rate:
percentage of the population aged 18-64 years who are in the process of starting a business or already started a business (a nascent entrepreneur or owner-manager of a new business) which is less than 42 months old.
- Entrepreneurial employee activity (EEA) rate:
percentage of the population aged 18–64 years who as employees have been involved in entrepreneurial activities such as developing or launching new goods or services, or setting up a new business unit, a new establishment or subsidiary.
- Established business ownership rate (EB):
percentage of the population aged 18–64 years who are currently an owner manager of an established business, i.e. owning and managing a running business that has paid salaries, wages or any other payments to the owners for more than 42 months.