Kiwis can see how their wealth measures up against the rest of New Zealand in a new simple to use online tool, Stats NZ said today.
By using the tool's filters, your household can compare how much you own in assets and how much you owe in debt in relation to households like yours. The balance after taking away your debt from your assets is your household's net worth. You can also compare how much your household earns to other similar households.
"Using this tool, you could create a graph comparing your household's net worth with other households. For example, if you live with your partner and children, you could compare your assets and debt with other households with children," labour market and households senior manager Jason Attewell said.
"Using data sourced from the household net worth statistics, Kiwis can now see themselves more clearly in the data."
Access the tool here: How wealthy am I?
For more information about the data and to download the data behind the tool, see Household net worth statistics: Year ended June 2018.
