This paper informs users of New Zealand's macroeconomic statistics about data changes we plan to include in the international and national accounts for 2013.
The changes will improve the measurement of New Zealand's economy and allow better international comparability with our key trading and investment partners.
The most significant methodology changes are for:
- spending by international visitors to New Zealand
- reinvested earnings of overseas investors
- imports of goods valued under $1,000 and purchased by households.
These methodology changes will result in revisions to key macroeconomic indicators –– the current account balance, household consumption expenditure, and household and national saving.
This paper also outlines the timing of these changes and which outputs will be revised. Where possible, we include estimates of magnitude that are based on the information we currently have.
We would like feedback from people who read this paper.
To comment, please email
or contact Mark Gordon or Daniel Lensen on +64 4 931 4600.
To read the report, download or print the PDF and tables from 'Available files' above. If you have problems viewing the files, see Opening files and PDFs.
ISBN 978-0-478-40849-2 (online)
Published 29 August 2013