This is our experimental section. The data presented here is provisional and may be subject to more updates than other releases.
We have developed experimental quarterly estimates for institutional sector accounts and balance sheets, to provide more timely data on New Zealand's economy. We have published these experimental estimates on a quarterly basis since the first release for the March 2021 quarter.
The quarterly income measure of gross domestic product (GDPI), along with total economy compensation of employees, gross operating surplus and gross mixed income, taxes on production and imports, and subsidies, became official in the December 2023 quarter and were most recently published in Gross domestic product: December 2025 quarter on 19 March 2026.
These previously published measures are also included in table 1.1 (consolidated accounts of the nation, gross domestic product, and expenditure account) of the consolidated accounts tables in this release, in actual and seasonally adjusted terms. All other series in the consolidated accounts tables of this release remain as previously published.
Key facts
Quarterly income and outlay accounts
In the December 2025 quarter, compared with the September 2025 quarter (in seasonally adjusted terms):
- household saving increased $234 million to $1.1 billion
- household net disposable income rose 1.0 percent ($611 million):
- compensation of employees rose 1.4 percent ($684 million)
- social assistance benefits in cash rose 2.0 percent ($229 million)
- income of self-employed businesses (entrepreneurial income) received by households rose 1.8 percent ($203 million)
- interest paid by households fell 8.1 percent ($196 million)
- interest received by households fell 7.9 percent ($249 million)
- household final consumption expenditure rose 0.6 percent ($377 million)
- non-financial business enterprises saving rose $220 million to $6.4 billion
- central government saving rose $515 million to -$1.7 billion
- interest received by financial business enterprises fell 9.1 percent ($987 million)
- interest paid by financial business enterprises fell 6.2 percent ($663 million).
Quarterly balance sheets
Quarterly balance sheet values are not seasonally adjusted.
In the December 2025 quarter, compared with the September 2025 quarter:
- household net worth rose $15.8 billion (0.6 percent):
- equity and investment share assets rose $14.7 billion (1.2 percent)
- buildings rose $6.2 billion
- currency and deposits rose $4.1 billion
- loan liabilities rose $4.4 billion
- land fell $6.8 billion (1.0 percent)
- non-financial business enterprises net worth fell $861 million (6.3 percent):
- financial liabilities (including equity liabilities) rose $19.2 billion (0.8 percent)
- financial assets rose $9.9 billion
- non-financial assets (land and buildings) rose $8.4 billion
- central government net worth rose $1.7 billion (0.6 percent):
- financial assets rose $5.5 billion
- non-financial assets (land and buildings) rose $1.6 billion
- financial liabilities rose $5.4 billion.
More data
Use Infoshare to access national accounts time series.
Subject category: Economic indicators
Group: National accounts - SNA 2008
CSV files for download - the latest data from our information releases.
Definitions and metadata
Quarterly national accounts (income, saving, assets, and liabilities) - data collection and methodology - DataInfo+ provides the data sources and general methodology used to produce these statistics.
Quarterly national accounts (income, saving, assets, and liabilities) - concepts - DataInfo+ provides the definitions of terms used in this release.
Quarterly national accounts (income, saving, assets, and liabilities): December 2025 quarter - changes and data updates - DataInfo+ has details of data updates for this release.
Technical enquiries
Lindsay Beck
[email protected]
04 931 4600
ISBN 978-1-991431-31-8
Next release
National accounts (income, saving, assets, and liabilities): March 2026 quarter will be released on 2 July 2026.
