Middle income vs New Zealand: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Middle income
- New Zealand
How they compare
New Zealand currently reports 26,137 constant 2021 international $ against 8,197 constant 2021 international $ in Middle income, a difference of 17,940 constant 2021 international $.
That makes New Zealand's figure about 3.2 times Middle income's.
Across all 35 years both countries report, New Zealand has been ahead every year.
Middle income ranks 25th and New Zealand ranks 25th of 41 groups.
New Zealand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Middle income | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2,722 constant 2021 international $ | 14,945 constant 2021 international $ | 12,223 constant 2021 international $ | New Zealand |
| 2000s | 3,646 constant 2021 international $ | 18,823 constant 2021 international $ | 15,178 constant 2021 international $ | New Zealand |
| 2010s | 5,628 constant 2021 international $ | 22,703 constant 2021 international $ | 17,075 constant 2021 international $ | New Zealand |
| 2020s | 7,169 constant 2021 international $ | 26,060 constant 2021 international $ | 18,891 constant 2021 international $ | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Middle income or New Zealand?
- New Zealand, at 26,137 constant 2021 international $ against 8,197 constant 2021 international $ in Middle income as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Middle income and New Zealand?
- 17,940 constant 2021 international $, with New Zealand ahead.
- How many years of comparable data are there for Middle income and New Zealand?
- 35 years are reported by both, from 1990 to 2024.
- How do Middle income and New Zealand rank globally for households and npishs final consumption expenditure per capita, ppp?
- Middle income ranks 25th and New Zealand ranks 25th of 41 groups.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.