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: September 2025 quarter on 18 December 2025.
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, and remain as previously published.
Key facts
Quarterly income and outlay accounts
In the September 2025 quarter, compared with the June 2025 quarter (in seasonally adjusted terms):
- household saving decreased $928 million to $703 million
- household net disposable income fell 0.7 percent ($471 million):
- income tax payable rose 3 percent ($468 million)
- interest received by households fell 5.9 percent ($198 million)
- income of self-employed businesses (entrepreneurial income) received by households rose 0.9 percent ($101 million)
- compensation of employees rose 0.1 percent ($69 million)
- dividends received by households fell 2.2 percent ($36 million)
- interest paid by households fell 6.1 percent ($159 million)
- household final consumption expenditure rose 0.7 percent ($457 million)
- non-financial business enterprises saving rose $2.9 billion to $6.2 billion
- interest received by financial business enterprises fell 6.0 percent ($688 million)
- interest paid by financial business enterprises fell 5.1 percent ($578 million).
Quarterly balance sheets
Quarterly balance sheet values are not seasonally adjusted.
In the September 2025 quarter, compared with the June 2025 quarter:
- household net worth was little changed, down $1.1 billion:
- land fell $16.0 billion (2.3 percent)
- insurance and pension assets rose $10.0 billion
- buildings rose $2.8 billion
- currency and deposits rose $2.7 billion
- equity and investment share assets fell $1.9 billion
- central government net worth increased $2.8 billion (1.0 percent):
- equity and investment fund shares rose $6.1 billion
- produced non-financial assets rose $1.4 billion
- debt security liabilities rose $8.2 billion
- loans liabilities fell $4.3 billion
- other accounts payable fell $1.4 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): September 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 978-1-991431-11-0
Next release
National accounts (income, saving, assets, and liabilities): December 2025 quarter will be released on 2 April 2026.
