Annual enterprise survey: 2024 financial year (provisional) – information release
27 June 2025
The annual enterprise survey (AES) is New Zealand’s most comprehensive source of financial statistics covering more than 500,000 businesses. It provides annual information on the financial performance and financial position for industry groups operating in New Zealand.
Key facts
Provisional results for all AES industries are for the 2024 financial year, compared with the 2023 financial year.
- Total income increased by $51 billion (5.5 percent) to $980 billion.
- Total expenditure increased by $26 billion (3.1 percent) to $857 billion.
- Businesses earned $121 billion in surplus before income tax – up $16 billion (15 percent). This increase was mainly driven by non-operating activity, with non-operating income increasing, and non-operating expenses decreasing.
- Operating surplus (excludes non-operating income and expenses) increased by $5.0 billion (4.9 percent) to $108 billion. This was driven by a $12 billion increase in operating surplus for the financial and insurance services industries.
- Total assets increased by $99 billion (3.5 percent) to $2.9 trillion.
- Businesses made a 4 percent return on assets – unchanged from 2023.
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