National Accounts (Income, Saving, Assets, And Liabilities): December 2025 Quarter

2 April 2026

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.

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).

Visit our website to read the full information release and to download CSV files:

• National accounts (income, saving, assets, and liabilities): December 2025 quarter: https://www.stats.govt.nz/experimental/national-accounts-income-saving-assets-and-liabilities-december-2025-quarter/
• CSV files for download:m https://www.stats.govt.nz/large-datasets/csv-files-for-download/

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