Final consumption expenditure (current LCU), annual growth rate in New Zealand
New Zealand: Final consumption expenditure (current LCU), annual growth rate was 2.83 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.83 % change on previous year
Change on year
down 50.9%
World rank
170th
of 187 countries
All-time high
19.36 % change on previous year
in 1980
All-time low
-0.0484 % change on previous year
in 1991
Years of data
54
1971–2024
Final consumption expenditure (current LCU), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded 2.83 % change on previous year for final consumption expenditure (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 50.9% on the previous year and down 31.7% over ten years.
Over the whole period, final consumption expenditure (current lcu), annual growth rate in New Zealand peaked at 19.36 % change on previous year in 1980 and was at its lowest, -0.0484 % change on previous year, in 1991.
New Zealand ranks 170th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.7 % change on previous year | — |
| 1972 | 13.27 % change on previous year | -9.7% |
| 1973 | 14.89 % change on previous year | +12.2% |
| 1974 | 15.55 % change on previous year | +4.4% |
| 1975 | 15.6 % change on previous year | +0.4% |
| 1976 | 15.03 % change on previous year | -3.7% |
| 1977 | 13.8 % change on previous year | -8.2% |
| 1978 | 14.87 % change on previous year | +7.7% |
| 1979 | 16.19 % change on previous year | +8.9% |
| 1980 | 19.36 % change on previous year | +19.5% |
| 1981 | 18.05 % change on previous year | -6.7% |
| 1982 | 13.87 % change on previous year | -23.2% |
| 1983 | 8.3 % change on previous year | -40.1% |
| 1984 | 12.39 % change on previous year | +49.3% |
| 1985 | 17.86 % change on previous year | +44.1% |
| 1986 | 17.25 % change on previous year | -3.4% |
| 1987 | 13.53 % change on previous year | -21.6% |
| 1988 | 8.37 % change on previous year | -38.1% |
| 1989 | 7 % change on previous year | -16.4% |
| 1990 | 5.52 % change on previous year | -21.2% |
| 1991 | -0.0484 % change on previous year | -100.9% |
| 1992 | 2.28 % change on previous year | -4798.8% |
| 1993 | 3.6 % change on previous year | +58.1% |
| 1994 | 6.27 % change on previous year | +74.2% |
| 1995 | 6.34 % change on previous year | +1.2% |
| 1996 | 6.18 % change on previous year | -2.5% |
| 1997 | 4.23 % change on previous year | -31.6% |
| 1998 | 4.85 % change on previous year | +14.6% |
| 1999 | 3.84 % change on previous year | -20.8% |
| 2000 | 4.07 % change on previous year | +6.1% |
| 2001 | 5.15 % change on previous year | +26.6% |
| 2002 | 6.17 % change on previous year | +19.7% |
| 2003 | 6.73 % change on previous year | +9.2% |
| 2004 | 7.43 % change on previous year | +10.3% |
| 2005 | 7.68 % change on previous year | +3.4% |
| 2006 | 6.39 % change on previous year | -16.8% |
| 2007 | 6.37 % change on previous year | -0.3% |
| 2008 | 4.73 % change on previous year | -25.7% |
| 2009 | 3.14 % change on previous year | -33.6% |
| 2010 | 4.1 % change on previous year | +30.4% |
| 2011 | 5.21 % change on previous year | +27.2% |
| 2012 | 2.44 % change on previous year | -53.1% |
| 2013 | 4.36 % change on previous year | +78.6% |
| 2014 | 4.15 % change on previous year | -4.9% |
| 2015 | 4.71 % change on previous year | +13.7% |
| 2016 | 6.59 % change on previous year | +39.9% |
| 2017 | 6.12 % change on previous year | -7.2% |
| 2018 | 6.23 % change on previous year | +1.8% |
| 2019 | 5.65 % change on previous year | -9.2% |
| 2020 | 3.48 % change on previous year | -38.4% |
| 2021 | 10.89 % change on previous year | +212.8% |
| 2022 | 10.01 % change on previous year | -8.1% |
| 2023 | 5.77 % change on previous year | -42.3% |
| 2024 | 2.83 % change on previous year | -50.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.88 % change on previous year | 13.27 % change on previous year | 16.19 % change on previous year | 9 |
| 1980s | 13.6 % change on previous year | 7 % change on previous year | 19.36 % change on previous year | 10 |
| 1990s | 4.3 % change on previous year | -0.0484 % change on previous year | 6.34 % change on previous year | 10 |
| 2000s | 5.79 % change on previous year | 3.14 % change on previous year | 7.68 % change on previous year | 10 |
| 2010s | 4.96 % change on previous year | 2.44 % change on previous year | 6.59 % change on previous year | 10 |
| 2020s | 6.6 % change on previous year | 2.83 % change on previous year | 10.89 % change on previous year | 5 |
Countries ranked near New Zealand
- 167 Oman 3.12 % change on previous year compare
- 168 Bahrain 3.07 % change on previous year compare
- 169 Hong Kong, China 2.86 % change on previous year compare
- 171 Italy 2.77 % change on previous year compare
- 172 El Salvador 2.61 % change on previous year compare
- 173 Thailand 2.47 % change on previous year 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)
- Households and NPISHs Final consumption expenditure (current LCU) 2.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9411 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 46,522 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.0126 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5156 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 25,486 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 1.35 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7802 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure (current lcu), annual growth rate in New Zealand?
- Final consumption expenditure (current lcu), annual growth rate in New Zealand was 2.83 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), annual growth rate recorded in New Zealand?
- The highest recorded value was 19.36 % change on previous year in 1980.
- What is the lowest final consumption expenditure (current lcu), annual growth rate recorded in New Zealand?
- The lowest recorded value was -0.0484 % change on previous year in 1991.
- How does New Zealand rank for final consumption expenditure (current lcu), annual growth rate?
- New Zealand ranks 170th out of 187 countries with data for 2024.
- Is final consumption expenditure (current lcu), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 31.7%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.