³Ô¹ÏÍøÕ¾ accounts (income and expenditure) provides information on domestic production and the resulting income that is available for spending and saving. It also provides an insight into how saving is used and invested between different sectors of the economy.
Estimates updated
The ³Ô¹ÏÍøÕ¾ accounts (income and expenditure): Year ended March 2024 release provides updated estimates, up to and including the year ended March 2023. The exceptions to this are the gross fixed capital formation and capital stocks tables, which provide provisional estimates for the March 2024 year.
Estimates beyond March 2023 are included in the quarterly ³Ô¹ÏÍøÕ¾ accounts (income, savings, assets and liabilities) release, which will next be published in January 2025. The January release will integrate these new annual estimates up to March 2023 as benchmarks, and provide a consistent time series through to the September 2024 quarter. This includes provisional annual estimates for the March 2024 year.
Pre-existing March 2024 annual values for some series which are shared with the gross domestic product release have been suppressed in Infoshare to prevent time-series discontinuities. These series have been updated to March 2023 with the ³Ô¹ÏÍøÕ¾ accounts (income and expenditure): Year ended March 2024 release.
Updated March 2024 annual values will be available with Gross domestic product: September 2024 quarter, to be published on 19 December 2024.
Effects of revisions on household saving
³Ô¹ÏÍøÕ¾ accounts (income and expenditure): Year ended March 2024 is the first time the March 2023 year estimates have been published. Provisional estimates for the March 2023 year were previously available through the ³Ô¹ÏÍøÕ¾ accounts (income, saving, assets, and liabilities) release.
Following the incorporation of higher quality annual data sources, including data that has been reconciled through the supply-use balancing framework, the March 2023 year estimates are now more accurate.
The inclusion of higher quality data has led to household saving being revised down by $5,968 million from provisional values available through the ³Ô¹ÏÍøÕ¾ accounts (income, saving, assets, and liabilities) release, most recently the June 2024 release published in October 2024.
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Net non-life insurance premiums data suppression
We calculate total non-life insurance premiums received by insurers, then allocate the payments of those premiums to household, government, and financial sectors.
While most sector payments are calculated from relevant data, the estimate for the non-financial business enterprises sector is the residual of non-life premiums paid that have not been allocated to other sectors.
For the year ended March 2023, we have chosen to suppress the net non-life insurance premiums by non-financial business enterprises series due to data quality concerns.
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More data
Use to access national accounts time series.
Subject category: Economic indicators
Group: ³Ô¹ÏÍøÕ¾ accounts (for consolidated accounts)
Group: Institutional sector accounts (for sector accounts data)
Definitions and metadata
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gives definitions of terms used in this release.
gives information on the data and methods used to compile the ³Ô¹ÏÍøÕ¾ accounts (industry production and investment) and ³Ô¹ÏÍøÕ¾ accounts (income and expenditure) releases.
Technical enquiries
Suani Nasoordeen
ISSN 2537-8023
Next release
³Ô¹ÏÍøÕ¾ accounts (income and expenditure): Year ended March 2025 will be released in November 2025.
