Final consumption expenditure in New Zealand
New Zealand: Final consumption expenditure was 0.0% in 2024. ◆ Volatile
Final consumption expenditure in New Zealand, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in New Zealand is 0.0%, measured in 2024.
That represents a change of down 99.1% on the previous year and down 99.9% over ten years.
Over the whole period, final consumption expenditure in New Zealand peaked at 7.5% in 1973 and was at its lowest, -2.7%, in 1976.
That places New Zealand 157th out of 175 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in New Zealand, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 0.9% | — |
| 1972 | 6.9% | +700.7% |
| 1973 | 7.5% | +9.8% |
| 1974 | 4.9% | -35.2% |
| 1975 | 0.4% | -90.9% |
| 1976 | -2.7% | -712.1% |
| 1977 | -1.6% | -41.0% |
| 1978 | 2.5% | -253.6% |
| 1979 | -0.7% | -127.4% |
| 1980 | 0.0% | -105.9% |
| 1981 | 2.0% | +4887.5% |
| 1982 | -0.9% | -145.6% |
| 1983 | 3.0% | -429.0% |
| 1984 | 3.4% | +12.0% |
| 1985 | 1.4% | -57.4% |
| 1986 | 3.2% | +127.2% |
| 1987 | 2.4% | -26.7% |
| 1988 | 2.2% | -7.8% |
| 1989 | 2.2% | -0.5% |
| 1990 | 0.7% | -68.0% |
| 1991 | -2.0% | -383.3% |
| 1992 | 0.6% | -129.1% |
| 1993 | 3.1% | +436.5% |
| 1994 | 4.7% | +51.2% |
| 1995 | 4.1% | -12.3% |
| 1996 | 4.1% | -0.0% |
| 1997 | 2.8% | -31.5% |
| 1998 | 2.6% | -7.4% |
| 1999 | 2.8% | +7.8% |
| 2000 | 1.4% | -49.3% |
| 2001 | 3.1% | +117.4% |
| 2002 | 4.1% | +34.4% |
| 2003 | 5.8% | +39.6% |
| 2004 | 5.2% | -11.1% |
| 2005 | 5.1% | -0.4% |
| 2006 | 3.2% | -38.2% |
| 2007 | 4.0% | +26.9% |
| 2008 | 0.5% | -86.8% |
| 2009 | 0.9% | +73.8% |
| 2010 | 2.1% | +128.8% |
| 2011 | 2.8% | +32.6% |
| 2012 | 1.7% | -40.5% |
| 2013 | 3.4% | +100.4% |
| 2014 | 3.2% | -4.2% |
| 2015 | 3.7% | +16.3% |
| 2016 | 5.3% | +43.1% |
| 2017 | 4.6% | -14.7% |
| 2018 | 4.3% | -6.0% |
| 2019 | 3.2% | -25.8% |
| 2020 | 2.0% | -35.5% |
| 2021 | 6.1% | +197.6% |
| 2022 | 2.5% | -59.0% |
| 2023 | 0.3% | -86.5% |
| 2024 | 0.0% | -99.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.0% | -2.7% | 7.5% | 9 |
| 1980s | 1.9% | -0.9% | 3.4% | 10 |
| 1990s | 2.3% | -2.0% | 4.7% | 10 |
| 2000s | 3.3% | 0.5% | 5.8% | 10 |
| 2010s | 3.4% | 1.7% | 5.3% | 10 |
| 2020s | 2.2% | 0.0% | 6.1% | 5 |
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)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 0.1944 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 9,582 current US$ per person (2023)
- Industry (including construction), value added (current LCU), annual 4.94 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 0.3165 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 15,604 current LCU per person (2023)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in New Zealand?
- Final consumption expenditure in New Zealand was 0.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in New Zealand?
- The highest recorded value was 7.5% in 1973.
- What is the lowest final consumption expenditure recorded in New Zealand?
- The lowest recorded value was -2.7% in 1976.
- How does New Zealand rank for final consumption expenditure?
- New Zealand ranks 157th out of 175 countries with data for 2024.
- Is final consumption expenditure rising or falling in New Zealand?
- Over the last ten years it is down 99.9%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.