All current KiwiSaver data, including monthly data, is available in Excel downloads located on the Datasets for KiwiSaver statistics page. Annual data is due to be uploaded by 30 September.
Datasets for KiwiSaver statistics
Number of withdrawals from KiwiSaver funds by withdrawal reason each month
This graph shows the number of KiwiSaver fund withdrawals, by withdrawal reason, over the past 12 months.
In September 2024:
- 7,530 members have withdrawn their savings for first home purchase or financial hardship, up from 5,650 in September 2023
Of this number:
- 3,430 members have withdrawn their savings for the purpose of first home purchase, up from 2,880 in September 2023
- 4,100 members have withdrawn their savings due to financial hardship, up from 2,780 in September 2023
Notes:
- Figures are what has been provided by Scheme Providers to Inland Revenue and may not be 100% of all of these type of fund withdrawals.
- Figures do not cover all types of withdrawals. For example, Inland Revenue does not capture retirement withdrawals.
- Figures represent a distinct count of members.
- Figures are rounded to the nearest 10.
- Members can withdraw funds under both categories within the same period.
- Members can withdraw funds in more than one month, therefore monthly counts cannot be summed to find the number of members who made withdrawals during a year.
- Data for each month is as at a point in time and does not reflect any subsequent reversals or late approvals.
Number of KiwiSaver fund withdrawals, by withdrawal reason as at 30 June
This graph shows the number of KiwiSaver fund withdrawals, by withdrawal reason, as at 30 June 2024.
As at 30 June 2024:
- 69,430 members had withdrawn their savings for the purposes of first home purchase or financial hardship, up from 20,370 in the 2014 financial year
Of this amount:
- 36,960 members have withdrawn their savings having purchased a first home, up from 12,720 in the 2014 financial year
- 32,480 members have withdrawn their savings due to financial hardship, up from 7,660 in the 2014 financial year
Notes:
- Figures do not cover all types of withdrawals, for example, Inland Revenue does not capture retirement withdrawals.
- Figures are what have been provided by scheme providers to Inland Revenue and may not be 100% of all fund withdrawals.
- Totals represent a distinct count of members.
- Totals include a small number of members who withdrew funds under both categories during the year
- From April 2020 KiwiSaver information is reported from a new system.
Last updated:
21 Oct 2024