Economic Outlook No 115 — Private final consumption expenditure in New Zealand
New Zealand: Economic Outlook No 115 — Private final consumption expenditure was 181.54 billion in 2025. ▲ Rising
Economic Outlook No 115 — Private final consumption expenditure in New Zealand, 1970–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2025, economic outlook no 115 — private final consumption expenditure in New Zealand stood at 181.54 billion. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 34.5% over ten years.
Over the whole period, economic outlook no 115 — private final consumption expenditure in New Zealand peaked at 181.54 billion in 2025 and was at its lowest, 45.33 billion, in 1970.
That places New Zealand 32nd out of 38 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Economic Outlook No 115 — Private final consumption expenditure in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 45.33 billion | — |
| 1971 | 45.53 billion | +0.4% |
| 1972 | 48.74 billion | +7.1% |
| 1973 | 52.87 billion | +8.5% |
| 1974 | 54.99 billion | +4.0% |
| 1975 | 54.58 billion | -0.7% |
| 1976 | 52.80 billion | -3.3% |
| 1977 | 51.08 billion | -3.2% |
| 1978 | 51.99 billion | +1.8% |
| 1979 | 51.75 billion | -0.5% |
| 1980 | 51.62 billion | -0.2% |
| 1981 | 52.68 billion | +2.0% |
| 1982 | 51.95 billion | -1.4% |
| 1983 | 53.56 billion | +3.1% |
| 1984 | 55.63 billion | +3.9% |
| 1985 | 56.39 billion | +1.4% |
| 1986 | 58.71 billion | +4.1% |
| 1987 | 60.55 billion | +3.1% |
| 1988 | 62.12 billion | +2.6% |
| 1989 | 63.46 billion | +2.2% |
| 1990 | 63.84 billion | +0.6% |
| 1991 | 62.37 billion | -2.3% |
| 1992 | 62.46 billion | +0.1% |
| 1993 | 63.96 billion | +2.4% |
| 1994 | 68.02 billion | +6.3% |
| 1995 | 71.02 billion | +4.4% |
| 1996 | 74.89 billion | +5.4% |
| 1997 | 76.93 billion | +2.7% |
| 1998 | 79.25 billion | +3.0% |
| 1999 | 81.89 billion | +3.3% |
| 2000 | 83.00 billion | +1.4% |
| 2001 | 84.90 billion | +2.3% |
| 2002 | 88.27 billion | +4.0% |
| 2003 | 93.71 billion | +6.2% |
| 2004 | 99.54 billion | +6.2% |
| 2005 | 103.93 billion | +4.4% |
| 2006 | 107.14 billion | +3.1% |
| 2007 | 111.31 billion | +3.9% |
| 2008 | 112.31 billion | +0.9% |
| 2009 | 111.75 billion | -0.5% |
| 2010 | 115.14 billion | +3.0% |
| 2011 | 118.02 billion | +2.5% |
| 2012 | 121.16 billion | +2.7% |
| 2013 | 125.49 billion | +3.6% |
| 2014 | 129.64 billion | +3.3% |
| 2015 | 134.92 billion | +4.1% |
| 2016 | 142.69 billion | +5.8% |
| 2017 | 150.50 billion | +5.5% |
| 2018 | 157.42 billion | +4.6% |
| 2019 | 162.34 billion | +3.1% |
| 2020 | 159.73 billion | -1.6% |
| 2021 | 171.60 billion | +7.4% |
| 2022 | 177.27 billion | +3.3% |
| 2023 | 177.81 billion | +0.3% |
| 2024 | 178.22 billion | +0.2% |
| 2025 | 181.54 billion | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.97 billion | 45.33 billion | 54.99 billion | 10 |
| 1980s | 56.67 billion | 51.62 billion | 63.46 billion | 10 |
| 1990s | 70.46 billion | 62.37 billion | 81.89 billion | 10 |
| 2000s | 99.59 billion | 83.00 billion | 112.31 billion | 10 |
| 2010s | 135.73 billion | 115.14 billion | 162.34 billion | 10 |
| 2020s | 174.36 billion | 159.73 billion | 181.54 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)
- Exports of goods and services (current LCU), annual growth rate 8.2 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.4082 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 20,179 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.35 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.204 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 10,085 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.05 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2337 current US$ 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 181.54 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 181.54 billion in 2025.
- What is the lowest economic outlook no 115 — private final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 45.33 billion in 1970.
- How does New Zealand rank for economic outlook no 115 — private final consumption expenditure?
- New Zealand ranks 32nd out of 38 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 34.5%. The long-run trend across the full record is rising.
- 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, volume. 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