Disposable Income

Stats NZ - since 2012 disposable income had trended upwards

Stats NZ – 2017 Except for 2009, average disposable income has increased every year since 1992

  • New Zealand’s real gross national disposable income (RGNDI) per person increased 66 percent between 1992 and 2016.
  • The rise was constant from 1992 until a decrease in 2009. Since then RGNDI has continued to rise.
  • This measure of disposable income is a broad welfare indicator for New Zealand.

OECD Data - shows a declining trend since 2011

OECD – Household disposable income


Real household net disposable income is defined as the sum of household final consumption expenditure and savings, minus the change in net equity of households in pension funds.

OECD – Household savings

Net household saving is defined as:

  • the subtraction of household consumption expenditure from household disposable income,
  • plus the change in net equity of households in pension funds.

Household saving is the main domestic source of funds to finance capital investment, a major impetus for long-term economic growth.

This indicator is measured as a percentage of household disposable income. Data are under 2008 System of National Accounts (SNA 2008) for all countries except for Chile, Japan and Turkey (SNA 1993).