| Gross domestic product ($m) | Saving ($m) | |||||
|---|---|---|---|---|---|---|
| Date | Production-based | Expenditure-based | National | General government | Households | Household saving rate (%) |
| 2011 | 203,434 | 203,434 | 5,262 | -3,240 | 2,486 | 2.1 |
| 2012 | 213,241 | 213,241 | 6,616 | -2,183 | 2,957 | 2.4 |
| 2013 | 217,473 | 217,472 | 6,562 | 73 | 570 | 0.5 |
| 2014 | 232,644 | 232,644 | 13,333 | 3,265 | 123 | 0.1 |
| 2015 | 242,238 | 242,238 | 13,749 | 4,696 | -1,964 | -1.5 |
| 2016 | 254,704 | 254,704 | 16,360 | 4,913 | -1,795 | -1.3 |
| 2017 | 270,576 | 269,373 | 19,765 | 8,123 | -4,122 | -2.8 |
The Data: Coverage, Periodicity, and Timeliness |
|
|
Coverage characteristics |
The national accounts statistics provide production, income and outlay, and capital accounts for the nation and the six sectors of the economy
Important economic indicators can be derived from the sector accounts such as saving. |
|
Periodicity |
Annual (for the year ended March) |
|
Timeliness |
The annual national accounts are released in November. |
Access by the public |
|
|
Statistics release calendar |
The Statistics Release Calendar is updated monthly and provides releases dates up to six-months ahead. |
Integrity |
|
|
Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses |
The data has been reproduced with the permission of Statistics New Zealand. |
|
Provision of information about revisions and advance notice of major changes in methodology |
Revisions are generally published when a table is next due to be updated and released. New or revised data is in bold font. |
Quality |
|
|
Dissemination of documentation on methodology and sources used in preparing statistics |
Data is sourced from Statistics New Zealand.
|
|
Gross domestic product (production based) |
The production approach to GDP measures the total value of goods and services produced in New Zealand, after deducting the cost of goods and services used in the production process. This is also known as the value-added approach. |
|
Net saving |
Corporations – net saving is equal to the gross income receivable by corporations less income payable and consumption of fixed capital. Income receivable by corporations includes gross operating surplus, property income, and current transfers. General government – net saving is the surplus of general government gross income over current use of income. Current use of income includes final consumption expenditure and current transfers. Households – net saving is equal to gross household disposable income less household final consumption expenditure and consumption of fixed capital. Household saving is estimated as the balancing item in the household income account. |
|
Institutional sector |
The five broad economic sectors that make up the total economy, as classified under New Zealand Standard Institutional Sector Classification (NZISC):
|
| 0 | Zero or value rounded to zero |
| - | Not applicable |
| .. | Not available |
| bold | Revised/new |
| italics | Provisional |
| light red background | Historical |