| Information about the Government Transfers |
Availability
| Valid From: .. | 06/30/1989 |
| To: .. | Ongoing |
| Frequency: .. | Quarterly |
Design
Purpose: Government transfers is part of the Current Transfers component of the Balance of Payments statement. The credit entries record the offsetting entry to resources received by residents without payment required. Conversely, the debit entries record the offsetting entry to the resources supplied to foreign residents without payment required.
Government transfers data are sourced from government departments. Types of transactions include pension and benefit payments from the New Zealand government to other governments in respect of New Zealand citizens living in other countries, government's foreign aid, and non-resident withholding tax.
General Information ..
Population and Sample Size
Government transfers data are sourced from government departments and the Government Sector division of Statistics New Zealand (refer to the profile for the Central Government Enterprise Survey.) Types of transactions include pension and benefit payments from the New Zealand government to other governments in respect of New Zealand citizens living in other countries, government's foreign aid, and non-resident withholding tax (NRWT).
Data is collected in the form of a letter/fax/email from external suppliers and via a spreadsheet from the Government Sector division of Statistics New Zealand. (Prior to 1/7/96 the financial information provided to Government Sector Division was collected via the Central Government Enterprise Survey. Since then it has been collected via the Treasury's Crown Financial Information System.)
NA/CG/1A - Central Government Enterprise Survey
NA/CG/2A - Central Government Enterprise Survey
Output Variables
Output variables are pieces of individual information that can be extracted from the survey/output data. Often output variables can be cross tabulated with other output variables, for example sales by industry classification. The list below contains all current and past output variables which have been released for this survey/output.
| Variable Name | Description |
 | |
| Government Transfer Credits | This is the total of benefits and pensions received from overseas, non resident withholding tax and foreign nation licence fees. |
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| Benefits & pensions received from overseas | This includes pension and benefit payments from foreign governments to the New Zealand government in respect of foreign citizens living in New Zealand. |
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| Non resident withholding tax (credits) | NRWT credits are the amount of tax that non-resident individuals and enterprises pay to the New Zealand government on their income earned in New Zealand. |
| |
| Foreign nation licence fees | This includes maritime safety charges and customs collections. |
| |
| Government Transfer Debits | This is the total of government subscriptions, international aid, benefits and pensions paid overseas and non resident withholding tax. |
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| Government subscriptions | Government subscriptions to international organisations (e.g. International Civil Aviation Organisation etc. |
| |
| International aid | The government's foreign aid expenditure. |
| |
| Non resident withholding tax (debits) | NRWT debits are the amount of tax New Zealand resident individuals and enterprises pay to the governments of foreign countries on their income earned in those countries. |
| |
Changes in Output Variables over time
Guide to Interpreting Data
Summary of Changes to Survey/Output ..Prior to the deregulation of the foreign exchange market, the transfers component for both credits and debits was primarily based on the Overseas Exchange Transaction (OET) record collected via the banking system. All cash transactions in foreign currency for aid and donations, personal remittances (including workers remittances) and migrants funds were recorded.
A small annual survey of those companies carrying out aid transactions supplemented the OET record for debits. In 1989/90, the population for this survey was updated.
Non resident withholding tax data has been included in the balance of payments statistics from the release of December 1996 quarter statistics. Back data has been included in the statistics to the March quarter 1994.
Usage and Limitations of the Data ..
Related Data Sources ..Government Sector publications
Sampling Errors ..Not applicable.
Non-sampling errors Non-sampling errors in the data may result from respondent error, mistakes made during processing results and non-response imputation. The department adopts procedures to detect and minimise these types of errors but they may still occur and they are not quantifiable.
Caveats on Release ..None.
Catalogue & Reference Numbers
Other Comments
Classification(s) used
Glossary of Terms
Contact Details
Liability
Statistics New Zealand gives no warranty that the information or data supplied contains no errors. However, all care and diligence has been used in processing, analysing and extracting the information. Statistics New Zealand shall not be liable for any loss or damage suffered by the customer consequent upon the use directly, or indirectly, of the information supplied in this product.