Net Worth - Mean and median liabilities by individual demographics and characteristics 2015
Stats NZ
Notes
Values are rounded to the nearest thousand. Figures may not sum to stated totals, due to rounding.
Definitions
Net worth: is the value of a person or household’s assets, minus their liabilities.
Assets: are something a person or household owns, such as property or investments.
Liability: is an obligation such as a debt, mortgage, or loan. The liability's holder is obliged, under specific circumstances, to provide a payment or series of payments to whomever they are liable to.
Household: is either one person who usually resides alone, or two or more people who usually reside together and share facilities (eg for eating or cooking) in a private dwelling. A household may contain one or more families, other people in addition to a family, or no families at all, such as unrelated people living together. Statistics New Zealand don't include non-private dwellings such as hostels, or the rest home and hospital sections of retirement homes (serviced apartments within retirement homes are counted as private dwellings).
For more information
http://www.stats.govt.nz/browse_for_stats/people_and_communities/Households/HouseholdNetWorthStatistics_HOTPYeJun15/Data%20Quality.aspx
Data provided by
Dataset name
Household Economic Survey: Household Net Worth Statistics, Year ended June 2015
Webpage:
How to find the data
At URL provided, select "Household Net Worth Statistics: Year ended June 2015 – tables" from the box to the right-hand side of the page.
Import & extraction details
File as imported: Household Economic Survey: Household Net Worth Statistics, Year ended June 2015
From the dataset Household Economic Survey: Household Net Worth Statistics, Year ended June 2015, this data was extracted:
- Sheet: 5.03
- Range:
D8:K34
- Provided: 92 data points
Dataset originally released on:
June 28, 2016
Method of collection/Data provider
The Net Worth Household Statistics were collected as a component of the Household Economic Survey. To capture asset and liability information in enough detail, Statistics New Zealand increased the sample size for Household Economic Survey 2014/15 from 5,000 to 8,000 households.
The survey is a sample survey that uses statistical weights to calculate income and expenditure estimates for the total New Zealand population. For Household Economic Survey 2014/15, they used the weights based on the Census 2013 population.
The target population for HES is the usually resident population of New Zealand living in private dwellings, aged 15 years and over.