Final consumption expenditure in New Zealand
New Zealand: Final consumption expenditure was 78.0% in 2024. ▬ Flat
Final consumption expenditure in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
New Zealand recorded 78.0% for final consumption expenditure in 2024.
Compared with earlier readings it is down 0.6% on the previous year and up 2.6% over ten years.
Over the whole period, final consumption expenditure in New Zealand peaked at 80.3% in 1975 and was at its lowest, 73.4%, in 2001.
New Zealand ranks 103rd of 188 countries on this measure, in the middle of the range.
Final consumption expenditure in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 79.1% | — |
| 1971 | 76.7% | -3.0% |
| 1972 | 75.7% | -1.4% |
| 1973 | 74.4% | -1.7% |
| 1974 | 78.2% | +5.2% |
| 1975 | 80.3% | +2.6% |
| 1976 | 75.3% | -6.2% |
| 1977 | 76.5% | +1.6% |
| 1978 | 77.5% | +1.3% |
| 1979 | 77.2% | -0.5% |
| 1980 | 79.1% | +2.6% |
| 1981 | 76.7% | -3.0% |
| 1982 | 77.2% | +0.7% |
| 1983 | 75.0% | -2.9% |
| 1984 | 74.7% | -0.5% |
| 1985 | 76.2% | +2.1% |
| 1986 | 74.4% | -2.4% |
| 1987 | 75.0% | +0.9% |
| 1988 | 75.6% | +0.8% |
| 1989 | 76.5% | +1.1% |
| 1990 | 78.7% | +2.9% |
| 1991 | 78.8% | +0.2% |
| 1992 | 78.2% | -0.8% |
| 1993 | 75.0% | -4.0% |
| 1994 | 74.4% | -0.8% |
| 1995 | 74.5% | +0.1% |
| 1996 | 75.3% | +1.1% |
| 1997 | 75.7% | +0.5% |
| 1998 | 77.9% | +2.9% |
| 1999 | 76.3% | -2.0% |
| 2000 | 75.0% | -1.7% |
| 2001 | 73.4% | -2.1% |
| 2002 | 74.2% | +1.1% |
| 2003 | 74.1% | -0.1% |
| 2004 | 74.4% | +0.4% |
| 2005 | 76.0% | +2.1% |
| 2006 | 76.6% | +0.8% |
| 2007 | 75.1% | -2.0% |
| 2008 | 77.3% | +3.0% |
| 2009 | 77.8% | +0.5% |
| 2010 | 77.3% | -0.5% |
| 2011 | 77.8% | +0.6% |
| 2012 | 78.0% | +0.3% |
| 2013 | 76.2% | -2.4% |
| 2014 | 76.1% | -0.1% |
| 2015 | 75.7% | -0.5% |
| 2016 | 75.9% | +0.3% |
| 2017 | 75.2% | -0.9% |
| 2018 | 75.9% | +0.9% |
| 2019 | 75.9% | -0.0% |
| 2020 | 77.2% | +1.7% |
| 2021 | 78.5% | +1.7% |
| 2022 | 78.7% | +0.2% |
| 2023 | 78.5% | -0.2% |
| 2024 | 78.0% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 77.1% | 74.4% | 80.3% | 10 |
| 1980s | 76.1% | 74.4% | 79.1% | 10 |
| 1990s | 76.5% | 74.4% | 78.8% | 10 |
| 2000s | 75.4% | 73.4% | 77.8% | 10 |
| 2010s | 76.4% | 75.2% | 78.0% | 10 |
| 2020s | 78.2% | 77.2% | 78.7% | 5 |
Countries ranked near New Zealand
- 100 France 78.5% compare
- 101 Portugal 78.0% compare
- 102 Bangladesh 78.0% compare
- 104 Costa Rica 78.0% compare
- 105 Burkina Faso 77.8% compare
- 106 Canada 77.7% 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 in New Zealand?
- Final consumption expenditure in New Zealand was 78.0% 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 80.3% in 1975.
- What is the lowest final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 73.4% in 2001.
- How does New Zealand rank for final consumption expenditure?
- New Zealand ranks 103rd 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 2.6%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.