The economy grew 2.6% over the year to the June 2026 quarter. The economy per person after inflation was $53,138 in the year to March 2026, below its peak of $54,496 in the year to March 2023. The median household had $89,685 after tax in the year to June 2025, and the population passed 5.3 million.
Real GDP per person: $54,496 (Year to Mar 2023) to $53,138 (Year to Mar 2026); down $1,358, worse.
Median household disposable income, inflation adjusted: $86,771 (Year to Jun 2023) to $89,685 (Year to Jun 2025); up $2,914, better.
Population: 5,200,000 (Year to Jun 2023) to 5,324,700 (Year to Jun 2025); up 124,700.
Luxon's government took office on 27 November 2023. These compare the last reporting period before the 14 October 2023 election with the latest period. Economic shocks, global conditions and earlier decisions also affect the figures. How we choose the periods.
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New Zealand. New Zealand: US$47,887 PPP in 2025. Australia: US$57,844 PPP in 2025. United Kingdom: US$54,991 PPP in 2025. Canada: US$52,211 PPP in 2025. United States: US$73,786 PPP in 2025.
Comparison period: 2025-12-31. Source: OECD, GDP per capita (US dollars, PPP).
The median household had $89,685 after tax in the year to June 2025
Adjusted for inflation, that is up 3.3% on a year earlier. After housing costs, a typical household had $39,553 per equivalised adult.
Median household disposable income (inflation-adjusted, Year to Jun 2025 prices)
Median household disposable income (inflation-adjusted, Year to Jun 2025 prices)Median equivalised household disposable income after housing costs (inflation-adjusted, Year to Jun 2025 prices)
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Period
Median household disposable income (inflation-adjusted, Year to Jun 2025 prices) (NZ$)
Median equivalised household disposable income after housing costs (inflation-adjusted, Year to Jun 2025 prices) (NZ$)
Year to Jun 2025Median household disposable income (inflation-adjusted, Year to Jun 2025 prices) $89,685Median equivalised household disposable income after housing costs (inflation-adjusted, Year to Jun 2025 prices) $39,553
Median household disposable income (inflation-adjusted, Year to Jun 2025 prices). Median household disposable income (inflation-adjusted, Year to Jun 2025 prices): $89,685 in Year to Jun 2025. Median equivalised household disposable income after housing costs (inflation-adjusted, Year to Jun 2025 prices): $39,553 in Year to Jun 2025.
Median household disposable income and median equivalised disposable income (before and after housing costs), in constant Year to Jun 2025 prices, showing whether typical household incomes have kept up with prices. Source: Stats NZ Tatauranga Aotearoa; NZ in Numbers calculation, NZ in Numbers calculation.
Household income per person, adjusted for living costs in 2023
Household income after tax per person, adjusted for living costs. This average from national accounts includes transfers in kind, rather than the middle household in a survey. In 2023, the latest period all 5 comparison countries have.
Household income per person, adjusted for living costs in 2023. New Zealand: US$43,348 PPP in 2023. Australia: US$54,235 PPP in 2023. United Kingdom: US$47,400 PPP in 2023. Canada: US$45,237 PPP in 2023.
Comparison period: 2023-12-31. Source: OECD, Household gross adjusted disposable income per person (current PPP US dollars).
Typical household income in the survey in 2020
The survey median is secondary: household income after tax, adjusted for household size and living costs. In 2020, the latest period all 5 comparison countries have. New Zealand's newer value is 42,501.32 (2022; usd ppp).
Typical household income in the survey in 2020. New Zealand: US$36,347 PPP in 2020. Australia: US$37,385 PPP in 2020. United Kingdom: US$27,991 PPP in 2020. Canada: US$41,560 PPP in 2020.
Comparison period: 2020-12-31. Source: OECD; NZ in Numbers calculation, NZ in Numbers calculation.
