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Economy and trade / Where demand comes from

Where does demand come from?

$559 billion was spent on final goods and services in the year to March 2026, +4.9% on the year before. Each box is who bought, then what they bought. Click a box to look inside.

$452b made in New Zealand (GDP)
$119b imported
Box size: share of final demand, year to March 2026, in current dollars. Colour: change on the year before. A + means there's more inside.Stats NZ GDP (expenditure measure)

How this is worked out

Final demand is spending on goods and services for final use: by households, government, charities and other non-profits, on investment (new buildings, equipment, software), and by overseas buyers (exports). It's met partly by New Zealand production (GDP) and partly by imports. Values are in current dollars, so changes include price rises.

Households is spending in New Zealand by item. It leaves out residents' spending overseas and includes visitors' spending here only under exports.

Government services is what central and local government spend providing services, such as schools and hospitals. Benefits, NZ Super and interest are transfers to others, so they aren't counted here; they show up in what households buy. Central government is split by function using the output expenses in Treasury's Estimates for 2024/25, which come to almost exactly the same total.

Goods exports are split by product using merchandise trade for the year to Sep 2026, so those boxes' changes are for that period. Stock building ($461m) isn't shown.

Sources: Stats NZ GDP, expenditure measure (Gross domestic product, June 2026 quarter); Treasury Estimates of Appropriations; Stats NZ overseas merchandise trade.

More on the economy

What's driving the economy?GDP by industry Where does the government's money go?All appropriations, including benefits What does an export pull through the economy?Exports followed back through their suppliers