Final consumption expenditure in New Zealand
New Zealand: Final consumption expenditure was 204.01 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in New Zealand is 204.01 billion current US$, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 33.2% over ten years.
Over the whole period, final consumption expenditure in New Zealand peaked at 204.01 billion current US$ in 2024 and was at its lowest, 5.14 billion current US$, in 1970.
That places New Zealand 51st out of 188 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in New Zealand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 5.14 billion current US$ | — |
| 1971 | 6.07 billion current US$ | +18.2% |
| 1972 | 7.24 billion current US$ | +19.3% |
| 1973 | 9.52 billion current US$ | +31.5% |
| 1974 | 10.90 billion current US$ | +14.5% |
| 1975 | 10.33 billion current US$ | -5.3% |
| 1976 | 10.25 billion current US$ | -0.8% |
| 1977 | 11.82 billion current US$ | +15.3% |
| 1978 | 14.37 billion current US$ | +21.6% |
| 1979 | 16.00 billion current US$ | +11.4% |
| 1980 | 18.40 billion current US$ | +15.0% |
| 1981 | 18.74 billion current US$ | +1.8% |
| 1982 | 18.67 billion current US$ | -0.4% |
| 1983 | 18.24 billion current US$ | -2.3% |
| 1984 | 16.18 billion current US$ | -11.3% |
| 1985 | 18.81 billion current US$ | +16.3% |
| 1986 | 22.77 billion current US$ | +21.1% |
| 1987 | 30.30 billion current US$ | +33.1% |
| 1988 | 34.17 billion current US$ | +12.8% |
| 1989 | 33.59 billion current US$ | -1.7% |
| 1990 | 35.79 billion current US$ | +6.6% |
| 1991 | 33.68 billion current US$ | -5.9% |
| 1992 | 32.55 billion current US$ | -3.4% |
| 1993 | 35.08 billion current US$ | +7.8% |
| 1994 | 41.15 billion current US$ | +17.3% |
| 1995 | 47.60 billion current US$ | +15.7% |
| 1996 | 52.80 billion current US$ | +10.9% |
| 1997 | 50.00 billion current US$ | -5.3% |
| 1998 | 43.77 billion current US$ | -12.5% |
| 1999 | 44.82 billion current US$ | +2.4% |
| 2000 | 39.46 billion current US$ | -11.9% |
| 2001 | 39.55 billion current US$ | +0.2% |
| 2002 | 49.45 billion current US$ | +25.0% |
| 2003 | 65.40 billion current US$ | +32.3% |
| 2004 | 77.34 billion current US$ | +18.3% |
| 2005 | 87.22 billion current US$ | +12.8% |
| 2006 | 85.47 billion current US$ | -2.0% |
| 2007 | 103.03 billion current US$ | +20.6% |
| 2008 | 103.21 billion current US$ | +0.2% |
| 2009 | 94.60 billion current US$ | -8.3% |
| 2010 | 113.59 billion current US$ | +20.1% |
| 2011 | 131.03 billion current US$ | +15.4% |
| 2012 | 137.66 billion current US$ | +5.1% |
| 2013 | 145.42 billion current US$ | +5.6% |
| 2014 | 153.20 billion current US$ | +5.4% |
| 2015 | 134.86 billion current US$ | -12.0% |
| 2016 | 143.49 billion current US$ | +6.4% |
| 2017 | 155.42 billion current US$ | +8.3% |
| 2018 | 160.78 billion current US$ | +3.4% |
| 2019 | 161.74 billion current US$ | +0.6% |
| 2020 | 164.75 billion current US$ | +1.9% |
| 2021 | 199.26 billion current US$ | +21.0% |
| 2022 | 196.50 billion current US$ | -1.4% |
| 2023 | 201.30 billion current US$ | +2.4% |
| 2024 | 204.01 billion current US$ | +1.3% |
New Zealand compared with similar countries
- New Zealand's 204.01 billion current US$ is above the median for high income countries, which is 123.73 billion current US$, 1.6× the median. (67 countries reporting)
- New Zealand's 204.01 billion current US$ is above the median for East Asia & Pacific, which is 16.77 billion current US$, 12.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.16 billion current US$ | 5.14 billion current US$ | 16.00 billion current US$ | 10 |
| 1980s | 22.98 billion current US$ | 16.18 billion current US$ | 34.17 billion current US$ | 10 |
| 1990s | 41.72 billion current US$ | 32.55 billion current US$ | 52.80 billion current US$ | 10 |
| 2000s | 74.47 billion current US$ | 39.46 billion current US$ | 103.21 billion current US$ | 10 |
| 2010s | 143.72 billion current US$ | 113.59 billion current US$ | 161.74 billion current US$ | 10 |
| 2020s | 193.16 billion current US$ | 164.75 billion current US$ | 204.01 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in New Zealand?
- Final consumption expenditure in New Zealand was 204.01 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in New Zealand?
- The highest recorded value was 204.01 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 5.14 billion current US$ in 1970.
- How does New Zealand rank for final consumption expenditure?
- New Zealand ranks 51st out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in New Zealand?
- Over the last ten years it is up 33.2%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.