New Zealand vs Viet Nam: General government final consumption expenditure
General government final consumption expenditure over time
- New Zealand
- Viet Nam
How they compare
New Zealand currently reports 44.88 billion constant 2015 US$ against 41.64 billion constant 2015 US$ in Viet Nam, a difference of 3.24 billion constant 2015 US$.
That makes New Zealand's figure about 1.1 times Viet Nam's.
Across all 31 years both countries report, New Zealand has been ahead every year.
New Zealand ranks 43rd and Viet Nam ranks 46th of 168 countries.
New Zealand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | New Zealand | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.20 billion constant 2015 US$ | 8.19 billion constant 2015 US$ | 12.00 billion constant 2015 US$ | New Zealand |
| 2000s | 25.87 billion constant 2015 US$ | 12.35 billion constant 2015 US$ | 13.52 billion constant 2015 US$ | New Zealand |
| 2010s | 33.07 billion constant 2015 US$ | 24.72 billion constant 2015 US$ | 8.35 billion constant 2015 US$ | New Zealand |
| 2020s | 43.92 billion constant 2015 US$ | 33.98 billion constant 2015 US$ | 9.94 billion constant 2015 US$ | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, New Zealand or Viet Nam?
- New Zealand, at 44.88 billion constant 2015 US$ against 41.64 billion constant 2015 US$ in Viet Nam as of 2024.
- What is the difference in general government final consumption expenditure between New Zealand and Viet Nam?
- 3.24 billion constant 2015 US$, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Viet Nam?
- 31 years are reported by both, from 1994 to 2024.
- How do New Zealand and Viet Nam rank globally for general government final consumption expenditure?
- New Zealand ranks 43rd and Viet Nam ranks 46th of 168 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.