Disposable income

Positive change

Except for 2009 and 2013, average disposable income has increased every year since 1992

  • Image, disposable income
    • New Zealand’s real gross national disposable income (RGNDI) per person increased 64 percent between 1992 and 2014.
    • The rise was constant from 1992 until the first decrease in 2009. Since then RGNDI has continued to rise except for a slight decrease in 2013.
    • This measure of disposable income is a broad welfare indicator for New Zealand.

     

    1. 1995/96 prices.
    Note: This graph is interactive. Hover over the data points to see the exact values.

    View source data

    The source data for this indicator is available from Statistics NZ's national accounts statistics. To view these go to Infoshare and enter this table reference in the search box: SND071AA.

    Definition and measure

    Disposable income, or RGNDI, measures the purchasing power of New Zealanders. Higher RGNDI per person shows that a nation has a greater capacity to deliver a better quality of life and standard of living to the population.

    RGNDI measures the total income, adjusted for inflation, that New Zealand residents receive, not only from domestic production but also from the net income flows with the rest of the world.

    Technical changes since 2010

    The starting date for the disposable income indicator is 1992, not 1988, which it was in Key findings on New Zealand's progress using a sustainable development approach: 2010. This reflects the methodology change in 1991 to use ‘resident population’ instead of ‘de facto population’ in national population estimates.

    De facto population estimates measure the number of people present in an area at a point in time, including people who live elsewhere (such as overseas). The resident population makes an allowance for residents who are undercounted (missed) and overcounted (counted more than once), or temporarily overseas on census night.

    The RGNDI per person series is now calculated from 1992 onwards using the concept of resident population.

    Previous publications

    Key findings on New Zealand's progress using a sustainable development approach: 2010
    Measuring New Zealand's progress using a sustainable development approach: 2008
    Key findings on New Zealand's progress using a sustainable development approach: 2008

    Page updated July 2014