Annual growth of general government final consumption expenditure in New Zealand
New Zealand: Annual growth of general government final consumption expenditure was 2.04 in 2022. ◆ Volatile
Latest (2022)
2.04
Change on year
down 74.2%
World rank
81st
of 167 countries
All-time high
7.91
in 2021
All-time low
-0.48
in 2009
Years of data
23
2000–2022
Annual growth of general government final consumption expenditure in New Zealand, 2000–2022
Source: Our World in Data.
Analysis
New Zealand recorded 2.04 for annual growth of general government final consumption expenditure in 2022.
Compared with earlier readings it is down 74.2% on the previous year and up 828.6% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in New Zealand peaked at 7.91 in 2021 and was at its lowest, -0.48, in 2009.
New Zealand ranks 81st of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.14 | — |
| 2001 | 3.93 | +244.7% |
| 2002 | 1.56 | -60.3% |
| 2003 | 5.3 | +239.7% |
| 2004 | 4.72 | -10.9% |
| 2005 | 6.24 | +32.2% |
| 2006 | 2.8 | -55.1% |
| 2007 | 4.72 | +68.6% |
| 2008 | 3.85 | -18.4% |
| 2009 | -0.48 | -112.5% |
| 2010 | 2.01 | -518.8% |
| 2011 | 1.61 | -19.9% |
| 2012 | -0.28 | -117.4% |
| 2013 | 1.91 | -782.1% |
| 2014 | 3.04 | +59.2% |
| 2015 | 2.03 | -33.2% |
| 2016 | 1.85 | -8.9% |
| 2017 | 3.78 | +104.3% |
| 2018 | 3.32 | -12.2% |
| 2019 | 5.78 | +74.1% |
| 2020 | 6.9 | +19.4% |
| 2021 | 7.91 | +14.6% |
| 2022 | 2.04 | -74.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.38 | -0.48 | 6.24 | 10 |
| 2010s | 2.5 | -0.28 | 5.78 | 10 |
| 2020s | 5.62 | 2.04 | 7.91 | 3 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 27.59 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1066 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 5,287 current US$ per person (2025)
- General government final consumption expenditure (current US$) 2.01 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2106 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 10,410 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 3.5 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3479 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in New Zealand?
- Annual growth of general government final consumption expenditure in New Zealand was 2.04 in 2022, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in New Zealand?
- The highest recorded value was 7.91 in 2021.
- What is the lowest annual growth of general government final consumption expenditure recorded in New Zealand?
- The lowest recorded value was -0.48 in 2009.
- How does New Zealand rank for annual growth of general government final consumption expenditure?
- New Zealand ranks 81st out of 167 countries with data for 2022.
- Is annual growth of general government final consumption expenditure rising or falling in New Zealand?
- Over the last ten years it is up 828.6%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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