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National Accounts: Year ended March 2010
Embargoed until 10:45am  –  19 November 2010
Highlights
  • Current price gross domestic product (GDP) rose 1.2 percent, while GDP per capita was unchanged.
  • National disposable income rose 4.3 percent, driven by net investment income from the rest of the world.
  • Investment in fixed assets fell 8.6 percent, due mainly to a 16.9 percent decrease in investment in plant, machinery, and equipment.
  • Final consumption expenditure rose 2.2 percent, with household spending up 2.0 percent. Central and local government expenditure rose 2.3 percent and 4.2 percent, respectively.
  • Net borrowing from overseas fell from $14.3 billion in the March 2009 year to $4.8 billion in the  March 2010 year.
  • National saving (for the whole economy) was $3.2 billion.

 

 Graph, Gross domestic product and gross domestic product per capita.

Geoff Bascand
Government Statistician

19 November 2010
ISSN 1178-0568

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