Economic Outlook No 115 — Private final consumption expenditure in New Zealand
New Zealand: Economic Outlook No 115 — Private final consumption expenditure was 254.38 billion in 2025. ◆ Volatile
Economic Outlook No 115 — Private final consumption expenditure in New Zealand, 1970–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
New Zealand recorded 254.38 billion for economic outlook no 115 — private final consumption expenditure in 2025. That is the highest value across all 56 years on record.
The figure is up 4.3% on the previous year and up 75.7% over ten years.
Over the whole period, economic outlook no 115 — private final consumption expenditure in New Zealand peaked at 254.38 billion in 2025 and was at its lowest, 3.62 billion, in 1970.
That places New Zealand 31st out of 37 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 115 — Private final consumption expenditure in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 3.62 billion | — |
| 1971 | 4.15 billion | +14.6% |
| 1972 | 4.69 billion | +13.0% |
| 1973 | 5.39 billion | +14.9% |
| 1974 | 6.12 billion | +13.6% |
| 1975 | 7.00 billion | +14.4% |
| 1976 | 8.06 billion | +15.2% |
| 1977 | 9.03 billion | +12.0% |
| 1978 | 10.20 billion | +12.9% |
| 1979 | 11.89 billion | +16.6% |
| 1980 | 14.04 billion | +18.1% |
| 1981 | 16.51 billion | +17.6% |
| 1982 | 18.86 billion | +14.2% |
| 1983 | 20.53 billion | +8.9% |
| 1984 | 23.29 billion | +13.4% |
| 1985 | 27.53 billion | +18.2% |
| 1986 | 32.12 billion | +16.7% |
| 1987 | 36.76 billion | +14.5% |
| 1988 | 39.84 billion | +8.4% |
| 1989 | 42.98 billion | +7.9% |
| 1990 | 45.55 billion | +6.0% |
| 1991 | 45.54 billion | -0.0% |
| 1992 | 46.31 billion | +1.7% |
| 1993 | 47.74 billion | +3.1% |
| 1994 | 51.26 billion | +7.4% |
| 1995 | 54.59 billion | +6.5% |
| 1996 | 58.70 billion | +7.5% |
| 1997 | 61.05 billion | +4.0% |
| 1998 | 63.88 billion | +4.6% |
| 1999 | 66.44 billion | +4.0% |
| 2000 | 68.78 billion | +3.5% |
| 2001 | 71.81 billion | +4.4% |
| 2002 | 76.18 billion | +6.1% |
| 2003 | 81.26 billion | +6.7% |
| 2004 | 87.46 billion | +7.6% |
| 2005 | 93.08 billion | +6.4% |
| 2006 | 98.81 billion | +6.2% |
| 2007 | 104.32 billion | +5.6% |
| 2008 | 109.22 billion | +4.7% |
| 2009 | 111.52 billion | +2.1% |
| 2010 | 116.36 billion | +4.3% |
| 2011 | 122.75 billion | +5.5% |
| 2012 | 126.98 billion | +3.4% |
| 2013 | 132.44 billion | +4.3% |
| 2014 | 138.03 billion | +4.2% |
| 2015 | 144.76 billion | +4.9% |
| 2016 | 154.10 billion | +6.5% |
| 2017 | 165.09 billion | +7.1% |
| 2018 | 174.93 billion | +6.0% |
| 2019 | 183.24 billion | +4.7% |
| 2020 | 183.24 billion | -0.0% |
| 2021 | 202.64 billion | +10.6% |
| 2022 | 222.61 billion | +9.9% |
| 2023 | 235.90 billion | +6.0% |
| 2024 | 243.94 billion | +3.4% |
| 2025 | 254.38 billion | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.02 billion | 3.62 billion | 11.89 billion | 10 |
| 1980s | 27.25 billion | 14.04 billion | 42.98 billion | 10 |
| 1990s | 54.11 billion | 45.54 billion | 66.44 billion | 10 |
| 2000s | 90.24 billion | 68.78 billion | 111.52 billion | 10 |
| 2010s | 145.87 billion | 116.36 billion | 183.24 billion | 10 |
| 2020s | 223.79 billion | 183.24 billion | 254.38 billion | 6 |
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 economic outlook no 115 — private final consumption expenditure in New Zealand?
- Economic outlook no 115 — private final consumption expenditure in New Zealand was 254.38 billion in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — private final consumption expenditure recorded in New Zealand?
- The highest recorded value was 254.38 billion in 2025.
- What is the lowest economic outlook no 115 — private final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 3.62 billion in 1970.
- How does New Zealand rank for economic outlook no 115 — private final consumption expenditure?
- New Zealand ranks 31st out of 37 countries with data for 2025.
- Is economic outlook no 115 — private final consumption expenditure rising or falling in New Zealand?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.
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About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP