National saving (M6)

This data, sourced from Stats NZ, shows the savings made by different sectors of industry, the Government and by households. Saving is defined as income less expenditure and consumption of fixed capital.
20 November 2020 03:00 p.m.
Next release
19 November 2021 03:00 p.m.
Statistics New Zealand
Data files
Gross domestic product ($m) Saving ($m)
Date Production-based Expenditure-based National General government Households Household saving rate (%)
2014 232,793 232,792 13,685 2,918 1,638 1.2
2015 242,670 242,670 14,225 4,276 -407 -0.3
2016 255,340 255,340 16,970 4,878 -28 0.0
2017 271,422 271,422 17,911 8,378 478 0.3
2018 291,264 291,264 20,590 9,814 -90 -0.1
2019 306,721 306,721 19,857 8,670 870 0.5
2020 323,142 322,017 22,422 5,617 736 0.4

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

  • producer enterprises
  • financial intermediaries
  • government
  • non-profit institutions serving households
  • households
  • rest of the world

Important economic indicators can be derived from the sector accounts such as saving.


Annual (for the year ended March)


The annual national accounts are released in November.

Access by the public

Statistics release calendar

The Statistics Release Calendar provides a long-term plan of scheduled releases. It is updated and released on the first working day of the month.

View the Statistics Release Calendar.


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.


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):

  • producer enterprises (sector 1)
  • financial intermediaries (sector 2)
  • general government (sector 3)
  • private non-profit organisations serving households (sector 4)
  • the household sector (sector 5).

Symbols and conventions for summary table

0 Zero or value rounded to zero
- Not applicable
.. Not available
bold Revised/new
italics Provisional
light red background Historical

General notes

  • Individual figures may not sum to the totals due to rounding
  • Percentage changes are calculated on unrounded numbers
  • You are free to copy, distribute and adapt these statistics subject to the conditions listed on our copyright page.