Distribution of wealth across New Zealand households remains unchanged between 2015 and 2021

Percent2015
Top 50 percent93.1
Top 10 percent52.8
Top 5 percent39.6
Top 1 percent18.3
92.493.8
48.657
34.245
12.624
Percent2018
Top 50 percent93.9
Top 10 percent53
Top 5 percent39.2
Top 1 percent16.8
93.294.6
48.557.5
33.944.5
11.122.5
Percent2021
Top 50 percent93.3
Top 10 percent51.5
Top 5 percent37
Top 1 percent15.8
92.793.9
48.254.8
32.941.1
10.820.8
Household net worth quintile2015
Quintile 18000
Quintile 296000
Quintile 3286000
Quintile 4555000
Quintile 51328000
70009000
91000101000
279000293000
542000568000
12700001386000
Household net worth quintile2018
Quintile 18000
Quintile 295000
Quintile 3328000
Quintile 4685000
Quintile 51711000
600010000
89000101000
319000337000
667000703000
16080001814000
Household net worth quintile2021
Quintile 111000
Quintile 2121000
Quintile 3397000
Quintile 4797000
Quintile 52024000
900013000
115000127000
387000407000
772000822000
19150002133000
Ethnic groupMedian
European439000
Māori164000
Pacific peoples28000
Asian260000
Other ethnic group419000
385000493000
93000235000
600050000
125000395000
129000709000

The Household Economic Survey is not designed to measure total wealth but helps to understand the distribution of net worth across the population, as well as how financially prepared kiwis are for their retirement.

While information from over 4,400 households contributed to this survey, it is still unlikely that any one household, such as a very wealthy family, might be living in a house selected for this survey. As such, this survey may not provide a representative picture of the small number of the extremely rich.

Stats NZ first released net worth statistics in 2001, based on data from the one-off Household Savings Survey. Data on New Zealanders' net worth was again collected every two years from 2002 to 2010, in the longitudinal Survey of Family, Income, and Expenditure. Net worth statistics in the present form were released for the first time in June 2016, based on data collected between July 2014 and June 2015. This was followed by another release in December 2018, for data collected from July 2017 to June 2018.

National accounts (income, saving, assets, and liabilities): September 2021 quarter, released on 25 January 2022, provides a measure of total net worth, including that held by businesses, households, and government.

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