National Accounts - Industry Benchmarks

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Abstract

This annual release contains detailed industry data on production, investment, and capital stock. It provides benchmarks for the level of economic activity, which update and maintain the quality of quarterly GDP statistics. This data has been analysed in a supply-use balancing framework to reconcile the production, income, and expenditure measure of gross domestic product (GDP). It provides benchmarks for the level of economic activity, which update and maintain the quality of quarterly GDP statistics.

Purpose

Every day, millions of transactions take place in the New Zealand economy:

  • businesses buy and sell goods and services
  • government collects taxes and makes transfer payments to beneficiaries
  • people are paid for the work they do and use this income to buy food or pay rent.

Measuring these transactions is essential to understanding how the economy operates. These transactions are classified, measured, and recorded in the national accounts. The national accounts provide a convenient summary of the key economic and financial flows in New Zealand. They also provide a framework in which to analyse and compare important economic variables, such as household consumption and savings. The national accounts are organised within the framework of the New Zealand System of National Accounts (NZSNA), which contains data collected from a wide and varied range of surveys and censuses, providing the necessary basis for subsequent socio-economic analysis.

The National Accounts (Industry Benchmarks) annual release presents detailed annual industry data on production, investment, and capital stocks. The data is analysed in a supply-use balancing framework to reconcile the production and expenditure GDP measures. It provides benchmarks for the level of economic activity within each industry, which update and maintain the quality of quarterly GDP statistics. Each release contains tables on:

  • Gross Domestic Product: production, income and expenditure measures

  • industry output, intermediate consumption, value added, compensation of employees, and gross operating surplus

  • gross fixed capital formation and net capital stock, by asset type and industry

  • taxes on production and imports

  • agriculture outputs and inputs by product

This release presents detailed information up to the latest balanced year ending March. There is a time lag of about two and a half years. For example, the release in November 2015 contains balanced data up to the year ending March 2013.

See the Annual national accounts sources and methods for more information.

Citation Information

Title

National Accounts - Industry Benchmarks

Creator

Statistics New Zealand

Publisher

Statistics New Zealand

Rights

Statistics New Zealand

Coverage Information

Temporal Coverage

  • 2010 to present

Topical Coverage

  • National accounts

Other

Frequency

4 Annual

Revision Information

Currently viewing revision 31 by on 30/06/2016 11:32:36 p.m.

Revision 31 *
1/07/2016 1:41:08 a.m.

Identifiers

DDI Agency
nz.govt.stats
DDI Id
48c58c28-4b3d-4a08-aa91-8af0f878c37d
DDI Version
31

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