Quarterly National Accounts, Volume 2011 Issue 3
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Quarterly National Accounts, Volume 2011 Issue 3

The OECD’s Quarterly National Accounts contains a selection of the accounts most widely used by economic analysts: GDP by expenditure and by industry, gross fixed capital formation by asset, gross fixed capital formation by institutional sector, and components of disposable income are all shown at both current and constant prices. Saving and Net lending and GDP by income at current prices are also provided as well as population and employment data (national concept) and employment by industry (domestic concept). The data cover 34 OECD countries, and totals are provided for the following groups: OECD, OECD-Europe, the European Union, the euro area and the Major seven (G7). Data are based on the System of National Accounts 1993 (1993 SNA) for all countries except Australia (2008 SNA).

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Table 2 – Gross domestic product, output and income approach: New Zealand

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Quarterly National Accounts, Volume 2011 Issue 3 - © OECD 2011

New Zealand
2Gross domestic product, output and income approach
ISIC Rev. 3
  Million NZD, quarterly levels
‌‌
‌‌
‌2007‌
‌2008‌
‌2009‌
‌2010‌
‌2007‌
‌2008‌
‌2009‌
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 
OUTPUT AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
1
Total gross value added at basic prices
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
2
Agriculture, hunting and forestry; fishing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
3
Industry, including energy
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
4
Manufacturing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
5
Construction
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
6
Services
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
7
Trade, repairs; hotels, restaurants; transport
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
8
Fin. intermediation; real estate, renting, business activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
9
Other service activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
10
FISIM (Financial Intermediation Services Indirectly Measured)
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
11
Taxes less subsidies on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
12
Taxes on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
13
Subsidies on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
14
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Gross domestic product at market prices
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
 
OUTPUT IN VOLUME, REFERENCE YEAR 1995-96, S.A.
 
 
 
 
 
 
 
 
 
 
16
Total gross value added at basic prices 1
131 121
 
131 428
 
129 490
 
131 155
 
33 231
 
33 150
 
32 949
 
32 781
 
32 541
 
32 218
 
17
Agriculture, hunting and forestry; fishing 1
8 313
 
8 257
 
8 375
 
8 607
 
2 053
 
2 016
 
2 016
 
2 101
 
2 121
 
2 106
 
18
Industry, including energy 1
22 730
 
22 548
 
20 738
 
20 938
 
5 812
 
5 763
 
5 758
 
5 635
 
5 374
 
5 106
 
19
Manufacturing 1
18 529
 
18 132
 
16 234
 
16 338
 
4 658
 
4 628
 
4 646
 
4 529
 
4 307
 
4 030
 
20
Construction 1
6 605
 
6 122
 
5 598
 
5 691
 
1 699
 
1 607
 
1 535
 
1 536
 
1 452
 
1 463
 
21
Services 1
93 536
 
94 614
 
95 081
 
96 249
 
23 668
 
23 771
 
23 654
 
23 543
 
23 656
 
23 619
 
22
Trade, repairs; hotels, restaurants; transport 1
34 765
 
34 739
 
32 821
 
33 503
 
8 811
 
8 862
 
8 797
 
8 634
 
8 468
 
8 213
 
23
Fin. intermediation; real estate, renting, business activities 1
37 205
 
37 364
 
38 661
 
39 125
 
9 434
 
9 395
 
9 283
 
9 276
 
9 410
 
9 545
 
24
Other service activities 1
21 684
 
22 525
 
23 096
 
23 182
 
5 458
 
5 551
 
5 604
 
5 632
 
5 727
 
5 751
 
25
FISIM (Financial Intermediation Services Indirectly Measured)
6 760
 
6 992
 
7 326
 
7 082
 
1 728
 
1 736
 
1 714
 
1 719
 
1 823
 
1 874
 
26
Taxes less subsidies on products 2
11 343
 
11 088
 
10 617
 
10 955
 
2 853
 
2 829
 
2 804
 
2 764
 
2 696
 
2 645
 
27
Taxes on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
28
Subsidies on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
29
Residual item
258
 
306
 
376
 
326
 
52
 
80
 
70
 
92
 
85
 
140
 
30
Gross domestic product at market prices 3
135 962
 
135 830
 
133 157
 
135 354
 
34 408
 
34 323
 
34 109
 
33 918
 
33 499
 
33 129
 
 
INCOME AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
31
Compensation of employees
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
32
Agriculture, hunting and forestry; fishing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
33
Industry, including energy
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
34
Manufacturing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
35
Construction
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
36
Wholesale and retail trade, repairs; hotels, restaurants; transport
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
37
Financial intermediation; real estate, renting, business activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
38
Other service activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
39
of which:Wages and salaries
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
40
Agriculture, hunting and forestry; fishing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
41
Industry, including energy
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
42
Manufacturing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
43
Construction
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
44
Wholesale and retail trade, repairs; hotels, restaurants; transport
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
45
Financial intermediation; real estate, renting, business activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
46
Other service activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
47
Gross operating surplus and mixed income
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
48
Net operating surplus and mixed income
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
49
Consumption of fixed capital
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
50
Taxes less subsidies on production and imports
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
51
Taxes on production and imports
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
52
Subsidies on production and imports
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
53
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
54
Gross domestic product
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
2Gross domestic product, output and income approach (cont.)
ISIC Rev. 3
  Million NZD, quarterly levels
‌‌
‌‌
‌2009‌
‌2010‌
‌2011‌
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 
OUTPUT AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
1
Total gross value added at basic prices
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
2
Agriculture, hunting and forestry; fishing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
3
Industry, including energy
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
4
Manufacturing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
5
Construction
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
6
Services
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
7
Trade, repairs; hotels, restaurants; transport
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
8
Fin. intermediation; real estate, renting, business activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
9
Other service activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
10
FISIM (Financial Intermediation Services Indirectly Measured)
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
11
Taxes less subsidies on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
12
Taxes on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
13
Subsidies on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
14
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Gross domestic product at market prices
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
 
OUTPUT IN VOLUME, REFERENCE YEAR 1995-96, S.A.
 
 
 
 
 
 
 
 
 
 
16
Total gross value added at basic prices 1
32 324
 
32 335
 
32 591
 
32 686
 
32 788
 
32 719
 
32 948
 
33 176
 
33 259
 
..
 
17
Agriculture, hunting and forestry; fishing 1
2 095
 
2 078
 
2 100
 
2 134
 
2 132
 
2 147
 
2 202
 
2 230
 
2 306
 
..
 
18
Industry, including energy 1
5 166
 
5 156
 
5 290
 
5 329
 
5 216
 
5 137
 
5 244
 
5 375
 
5 348
 
..
 
19
Manufacturing 1
4 050
 
3 983
 
4 152
 
4 192
 
4 033
 
3 984
 
4 113
 
4 263
 
4 261
 
..
 
20
Construction 1
1 407
 
1 365
 
1 371
 
1 381
 
1 454
 
1 423
 
1 430
 
1 367
 
1 308
 
..
 
21
Services 1
23 735
 
23 816
 
23 907
 
23 919
 
24 065
 
24 101
 
24 164
 
24 301
 
24 414
 
..
 
22
Trade, repairs; hotels, restaurants; transport 1
8 169
 
8 158
 
8 284
 
8 305
 
8 352
 
8 451
 
8 402
 
8 478
 
8 478
 
..
 
23
Fin. intermediation; real estate, renting, business activities 1
9 666
 
9 718
 
9 732
 
9 728
 
9 798
 
9 772
 
9 827
 
9 888
 
10 040
 
..
 
24
Other service activities 1
5 768
 
5 798
 
5 774
 
5 772
 
5 800
 
5 784
 
5 822
 
5 830
 
5 782
 
..
 
25
FISIM (Financial Intermediation Services Indirectly Measured)
1 831
 
1 814
 
1 807
 
1 793
 
1 779
 
1 763
 
1 747
 
1 726
 
1 709
 
..
 
26
Taxes less subsidies on products 2
2 624
 
2 647
 
2 698
 
2 722
 
2 751
 
2 743
 
2 737
 
2 753
 
2 734
 
..
 
27
Taxes on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
28
Subsidies on products
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
29
Residual item
69
 
92
 
82
 
121
 
60
 
92
 
59
 
90
 
41
 
..
 
30
Gross domestic product at market prices 3
33 186
 
33 260
 
33 564
 
33 736
 
33 820
 
33 791
 
33 997
 
34 293
 
34 325
 
..
 
 
INCOME AT CURRENT PRICES, S.A.
 
 
 
 
 
 
 
 
 
 
31
Compensation of employees
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
32
Agriculture, hunting and forestry; fishing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
33
Industry, including energy
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
34
Manufacturing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
35
Construction
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
36
Wholesale and retail trade, repairs; hotels, restaurants; transport
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
37
Financial intermediation; real estate, renting, business activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
38
Other service activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
39
of which:Wages and salaries
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
40
Agriculture, hunting and forestry; fishing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
41
Industry, including energy
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
42
Manufacturing
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
43
Construction
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
44
Wholesale and retail trade, repairs; hotels, restaurants; transport
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
45
Financial intermediation; real estate, renting, business activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
46
Other service activities
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
47
Gross operating surplus and mixed income
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
48
Net operating surplus and mixed income
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
49
Consumption of fixed capital
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
50
Taxes less subsidies on production and imports
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
51
Taxes on production and imports
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
52
Subsidies on production and imports
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
53
Residual item
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
54
Gross domestic product
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Note:  Detailed metadata:http://stats.oecd.org/OECDStat_Metadata/ShowMetadata.ashx?Dataset=QNA&Coords=[LOCATION].[NZL]
1
Values added by activity are expressed at producers' values.
2
This item covers unallocated taxes less subsidies on products and a seasonal adjustment balancing item when applicable.
3
Statistics New Zealand produces two different series for quarterly GDP in volume: an expenditure-based measure and a production-based measure. Each series results from independent data and estimation techniques and provides an alternative measure of New Zealand's economic activity. Statistics New Zealand promotes the production-based measure as the preferred measure of economic activity in the short-term. At current prices, however, only the expenditure-based measure is available.

 
 
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