General government final consumption expenditure (constant 2015 US$) in New Zealand
New Zealand: General government final consumption expenditure (constant 2015 US$) was 44.88 billion constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for general government final consumption expenditure in New Zealand is 44.88 billion constant 2015 US$, measured in 2024.
That represents a change of down 1.3% on the previous year and up 39.0% over ten years.
Over the whole period, general government final consumption expenditure in New Zealand peaked at 45.45 billion constant 2015 US$ in 2023 and was at its lowest, 11.17 billion constant 2015 US$, in 1970.
That places New Zealand 43rd out of 168 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
General government final consumption expenditure (constant 2015 US$) in New Zealand, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 11.17 billion constant 2015 US$ | — |
| 1971 | 11.44 billion constant 2015 US$ | +2.4% |
| 1972 | 12.13 billion constant 2015 US$ | +6.1% |
| 1973 | 12.62 billion constant 2015 US$ | +4.0% |
| 1974 | 13.66 billion constant 2015 US$ | +8.3% |
| 1975 | 14.33 billion constant 2015 US$ | +4.9% |
| 1976 | 14.22 billion constant 2015 US$ | -0.8% |
| 1977 | 14.80 billion constant 2015 US$ | +4.1% |
| 1978 | 15.49 billion constant 2015 US$ | +4.7% |
| 1979 | 15.29 billion constant 2015 US$ | -1.3% |
| 1980 | 15.43 billion constant 2015 US$ | +0.9% |
| 1981 | 15.71 billion constant 2015 US$ | +1.8% |
| 1982 | 15.80 billion constant 2015 US$ | +0.6% |
| 1983 | 16.23 billion constant 2015 US$ | +2.7% |
| 1984 | 16.52 billion constant 2015 US$ | +1.8% |
| 1985 | 16.81 billion constant 2015 US$ | +1.7% |
| 1986 | 16.92 billion constant 2015 US$ | +0.7% |
| 1987 | 17.14 billion constant 2015 US$ | +1.3% |
| 1988 | 17.14 billion constant 2015 US$ | +0.0% |
| 1989 | 18.05 billion constant 2015 US$ | +5.3% |
| 1990 | 18.24 billion constant 2015 US$ | +1.1% |
| 1991 | 18.06 billion constant 2015 US$ | -1.0% |
| 1992 | 18.27 billion constant 2015 US$ | +1.1% |
| 1993 | 18.56 billion constant 2015 US$ | +1.6% |
| 1994 | 19.10 billion constant 2015 US$ | +2.9% |
| 1995 | 19.44 billion constant 2015 US$ | +1.8% |
| 1996 | 19.78 billion constant 2015 US$ | +1.8% |
| 1997 | 20.44 billion constant 2015 US$ | +3.3% |
| 1998 | 21.05 billion constant 2015 US$ | +3.0% |
| 1999 | 21.38 billion constant 2015 US$ | +1.6% |
| 2000 | 21.62 billion constant 2015 US$ | +1.1% |
| 2001 | 22.47 billion constant 2015 US$ | +3.9% |
| 2002 | 22.82 billion constant 2015 US$ | +1.6% |
| 2003 | 24.03 billion constant 2015 US$ | +5.3% |
| 2004 | 25.16 billion constant 2015 US$ | +4.7% |
| 2005 | 26.73 billion constant 2015 US$ | +6.2% |
| 2006 | 27.48 billion constant 2015 US$ | +2.8% |
| 2007 | 28.78 billion constant 2015 US$ | +4.7% |
| 2008 | 29.89 billion constant 2015 US$ | +3.8% |
| 2009 | 29.74 billion constant 2015 US$ | -0.5% |
| 2010 | 30.34 billion constant 2015 US$ | +2.0% |
| 2011 | 30.83 billion constant 2015 US$ | +1.6% |
| 2012 | 30.75 billion constant 2015 US$ | -0.3% |
| 2013 | 31.34 billion constant 2015 US$ | +1.9% |
| 2014 | 32.30 billion constant 2015 US$ | +3.0% |
| 2015 | 32.96 billion constant 2015 US$ | +2.1% |
| 2016 | 33.57 billion constant 2015 US$ | +1.9% |
| 2017 | 34.84 billion constant 2015 US$ | +3.8% |
| 2018 | 35.93 billion constant 2015 US$ | +3.1% |
| 2019 | 37.89 billion constant 2015 US$ | +5.4% |
| 2020 | 40.55 billion constant 2015 US$ | +7.0% |
| 2021 | 43.78 billion constant 2015 US$ | +8.0% |
| 2022 | 44.94 billion constant 2015 US$ | +2.6% |
| 2023 | 45.45 billion constant 2015 US$ | +1.1% |
| 2024 | 44.88 billion constant 2015 US$ | -1.3% |
New Zealand compared with similar countries
- New Zealand's 44.88 billion constant 2015 US$ is above the median for high income countries, which is 41.36 billion constant 2015 US$, 1.1× the median. (60 countries reporting)
- New Zealand's 44.88 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 4.18 billion constant 2015 US$, 10.7× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.52 billion constant 2015 US$ | 11.17 billion constant 2015 US$ | 15.49 billion constant 2015 US$ | 10 |
| 1980s | 16.57 billion constant 2015 US$ | 15.43 billion constant 2015 US$ | 18.05 billion constant 2015 US$ | 10 |
| 1990s | 19.43 billion constant 2015 US$ | 18.06 billion constant 2015 US$ | 21.38 billion constant 2015 US$ | 10 |
| 2000s | 25.87 billion constant 2015 US$ | 21.62 billion constant 2015 US$ | 29.89 billion constant 2015 US$ | 10 |
| 2010s | 33.07 billion constant 2015 US$ | 30.34 billion constant 2015 US$ | 37.89 billion constant 2015 US$ | 10 |
| 2020s | 43.92 billion constant 2015 US$ | 40.55 billion constant 2015 US$ | 45.45 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 40 Algeria 46.72 billion constant 2015 US$ compare
- 41 Singapore 45.72 billion constant 2015 US$ compare
- 42 Czechia 45.69 billion constant 2015 US$ compare
- 44 Hong Kong 42.14 billion constant 2015 US$ compare
- 45 Greece 41.73 billion constant 2015 US$ compare
- 46 Vietnam 41.64 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 general government final consumption expenditure in New Zealand?
- General government final consumption expenditure in New Zealand was 44.88 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in New Zealand?
- The highest recorded value was 45.45 billion constant 2015 US$ in 2023.
- What is the lowest general government final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 11.17 billion constant 2015 US$ in 1970.
- How does New Zealand rank for general government final consumption expenditure?
- New Zealand ranks 43rd out of 168 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in New Zealand?
- Over the last ten years it is up 39.0%. 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 General government final consumption expenditure (constant 2015 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.