Xero Small Business Insights (XSBI)

We use anonymized and aggregated data to track the performance of, and improve understanding about, small businesses.

Xero Small Business Index

The Xero Small Business Index is a single measure that shows changes in the performance of small businesses from month to month.

The Australian Index
The Australian Small Business Index rose 23 points in June to 162 points
The New Zealand Index
The New Zealand Small Business Index rose 22 points in June to 143 points
The United Kingdom Index
The UK Small Business Index fell 5 points in June to 80 points

In Canada and the United States the main indicator we track is small business sales, measured in year-over-year (y/y) terms.

The latest on the state of small businesses around the world.

Download all the Xero Small Business Index data in Excel format.

An explanation of data sources and how the index is constructed.

For deeper insights and analysis, explore the latest commentary, research, and data from the global small business sector.

Commentary and research
Find the latest economic commentary and research, viewed through a small business lens.
Special reports
Take a deep dive into specific small business data and topics.
Small business labor productivity
We track small business labor productivity across Australia, New Zealand and the United Kingdom using anonymised and aggregated data.
Mindset and wellbeing research
Explore research into the mindset, motivations, and wellbeing of small business owners around the world.