Final consumption expenditure (constant 2015 US$) in New Zealand
New Zealand: Final consumption expenditure (constant 2015 US$) was 177.97 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
177.97 billion constant 2015 US$
Change on year
up 0.0%
World rank
49th
of 172 countries
All-time high
177.97 billion constant 2015 US$
in 2024
All-time low
45.68 billion constant 2015 US$
in 1970
Years of data
55
1970–2024
Final consumption expenditure in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, final consumption expenditure in New Zealand stood at 177.97 billion constant 2015 US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 36.9% over ten years.
Over the whole period, final consumption expenditure in New Zealand peaked at 177.97 billion constant 2015 US$ in 2024 and was at its lowest, 45.68 billion constant 2015 US$, in 1970.
New Zealand ranks 49th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Final consumption expenditure (constant 2015 US$) in New Zealand, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 45.68 billion constant 2015 US$ | — |
| 1971 | 46.07 billion constant 2015 US$ | +0.9% |
| 1972 | 49.23 billion constant 2015 US$ | +6.9% |
| 1973 | 52.93 billion constant 2015 US$ | +7.5% |
| 1974 | 55.51 billion constant 2015 US$ | +4.9% |
| 1975 | 55.76 billion constant 2015 US$ | +0.4% |
| 1976 | 54.24 billion constant 2015 US$ | -2.7% |
| 1977 | 53.37 billion constant 2015 US$ | -1.6% |
| 1978 | 54.69 billion constant 2015 US$ | +2.5% |
| 1979 | 54.32 billion constant 2015 US$ | -0.7% |
| 1980 | 54.34 billion constant 2015 US$ | +0.0% |
| 1981 | 55.42 billion constant 2015 US$ | +2.0% |
| 1982 | 54.92 billion constant 2015 US$ | -0.9% |
| 1983 | 56.56 billion constant 2015 US$ | +3.0% |
| 1984 | 58.45 billion constant 2015 US$ | +3.4% |
| 1985 | 59.29 billion constant 2015 US$ | +1.4% |
| 1986 | 61.21 billion constant 2015 US$ | +3.2% |
| 1987 | 62.66 billion constant 2015 US$ | +2.4% |
| 1988 | 64.04 billion constant 2015 US$ | +2.2% |
| 1989 | 65.43 billion constant 2015 US$ | +2.2% |
| 1990 | 65.89 billion constant 2015 US$ | +0.7% |
| 1991 | 64.59 billion constant 2015 US$ | -2.0% |
| 1992 | 64.96 billion constant 2015 US$ | +0.6% |
| 1993 | 66.96 billion constant 2015 US$ | +3.1% |
| 1994 | 70.09 billion constant 2015 US$ | +4.7% |
| 1995 | 72.96 billion constant 2015 US$ | +4.1% |
| 1996 | 75.94 billion constant 2015 US$ | +4.1% |
| 1997 | 78.07 billion constant 2015 US$ | +2.8% |
| 1998 | 80.10 billion constant 2015 US$ | +2.6% |
| 1999 | 82.34 billion constant 2015 US$ | +2.8% |
| 2000 | 83.51 billion constant 2015 US$ | +1.4% |
| 2001 | 86.09 billion constant 2015 US$ | +3.1% |
| 2002 | 89.66 billion constant 2015 US$ | +4.1% |
| 2003 | 94.85 billion constant 2015 US$ | +5.8% |
| 2004 | 99.74 billion constant 2015 US$ | +5.2% |
| 2005 | 104.86 billion constant 2015 US$ | +5.1% |
| 2006 | 108.18 billion constant 2015 US$ | +3.2% |
| 2007 | 112.53 billion constant 2015 US$ | +4.0% |
| 2008 | 113.13 billion constant 2015 US$ | +0.5% |
| 2009 | 114.18 billion constant 2015 US$ | +0.9% |
| 2010 | 116.60 billion constant 2015 US$ | +2.1% |
| 2011 | 119.87 billion constant 2015 US$ | +2.8% |
| 2012 | 121.88 billion constant 2015 US$ | +1.7% |
| 2013 | 125.96 billion constant 2015 US$ | +3.4% |
| 2014 | 130.00 billion constant 2015 US$ | +3.2% |
| 2015 | 134.86 billion constant 2015 US$ | +3.7% |
| 2016 | 142.06 billion constant 2015 US$ | +5.3% |
| 2017 | 148.53 billion constant 2015 US$ | +4.6% |
| 2018 | 154.89 billion constant 2015 US$ | +4.3% |
| 2019 | 159.81 billion constant 2015 US$ | +3.2% |
| 2020 | 163.09 billion constant 2015 US$ | +2.0% |
| 2021 | 173.04 billion constant 2015 US$ | +6.1% |
| 2022 | 177.37 billion constant 2015 US$ | +2.5% |
| 2023 | 177.96 billion constant 2015 US$ | +0.3% |
| 2024 | 177.97 billion constant 2015 US$ | +0.0% |
New Zealand compared with similar countries
- New Zealand's 177.97 billion constant 2015 US$ is above the median for high income countries, which is 177.97 billion constant 2015 US$, 1.0× the median. (61 countries reporting)
- New Zealand's 177.97 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 27.09 billion constant 2015 US$, 6.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.18 billion constant 2015 US$ | 45.68 billion constant 2015 US$ | 55.76 billion constant 2015 US$ | 10 |
| 1980s | 59.23 billion constant 2015 US$ | 54.34 billion constant 2015 US$ | 65.43 billion constant 2015 US$ | 10 |
| 1990s | 72.19 billion constant 2015 US$ | 64.59 billion constant 2015 US$ | 82.34 billion constant 2015 US$ | 10 |
| 2000s | 100.67 billion constant 2015 US$ | 83.51 billion constant 2015 US$ | 114.18 billion constant 2015 US$ | 10 |
| 2010s | 135.45 billion constant 2015 US$ | 116.60 billion constant 2015 US$ | 159.81 billion constant 2015 US$ | 10 |
| 2020s | 173.88 billion constant 2015 US$ | 163.09 billion constant 2015 US$ | 177.97 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 46 Finland 197.81 billion constant 2015 US$ compare
- 47 Ireland 197.38 billion constant 2015 US$ compare
- 48 Peru 193.52 billion constant 2015 US$ compare
- 50 Iraq 176.68 billion constant 2015 US$ compare
- 51 Kazakhstan 167.73 billion constant 2015 US$ compare
- 52 Czechia 151.59 billion constant 2015 US$ compare
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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in New Zealand?
- Final consumption expenditure in New Zealand was 177.97 billion constant 2015 US$ 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 177.97 billion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 45.68 billion constant 2015 US$ in 1970.
- How does New Zealand rank for final consumption expenditure?
- New Zealand ranks 49th out of 172 countries with data for 2024.
- Is final consumption expenditure rising or falling in New Zealand?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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 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 2015. This indicator is expressed in United States dollars.