Nepal vs New Zealand: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Nepal
- New Zealand
How they compare
New Zealand currently reports 138.27 billion constant 2021 international $ against 122.29 billion constant 2021 international $ in Nepal, a difference of 15.97 billion constant 2021 international $.
That makes New Zealand's figure about 1.1 times Nepal's.
Across all 24 years both countries report, New Zealand has been ahead every year.
Nepal ranks 70th and New Zealand ranks 68th of 170 countries.
New Zealand has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nepal | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 59.33 billion constant 2021 international $ | 78.66 billion constant 2021 international $ | 19.33 billion constant 2021 international $ | New Zealand |
| 2010s | 81.78 billion constant 2021 international $ | 105.02 billion constant 2021 international $ | 23.24 billion constant 2021 international $ | New Zealand |
| 2020s | 113.30 billion constant 2021 international $ | 134.12 billion constant 2021 international $ | 20.81 billion 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, ppp, Nepal or New Zealand?
- New Zealand, at 138.27 billion constant 2021 international $ against 122.29 billion constant 2021 international $ in Nepal as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between Nepal and New Zealand?
- 15.97 billion constant 2021 international $, with New Zealand ahead.
- How many years of comparable data are there for Nepal and New Zealand?
- 24 years are reported by both, from 2001 to 2024.
- How do Nepal and New Zealand rank globally for households and npishs final consumption expenditure, ppp?
- Nepal ranks 70th and New Zealand ranks 68th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for final consumption expenditure 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. 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.