General government final consumption expenditure (constant LCU) in New Zealand

New Zealand: General government final consumption expenditure (constant LCU) was -1.26 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.26 % change on previous year
Change on year
down 210.3%
World rank
154th
of 174 countries
All-time high
8.25 % change on previous year
in 1974
All-time low
-1.32 % change on previous year
in 1979
Years of data
54
1971–2024

General government final consumption expenditure (constant LCU) in New Zealand, 1971–2024

-202468197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for general government final consumption expenditure (constant lcu) in New Zealand is -1.26 % change on previous year, measured in 2024.

That represents a change of down 210.3% on the previous year and down 141.4% over ten years.

Over the whole period, general government final consumption expenditure (constant lcu) in New Zealand peaked at 8.25 % change on previous year in 1974 and was at its lowest, -1.32 % change on previous year, in 1979.

New Zealand ranks 154th of 174 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

General government final consumption expenditure (constant LCU) in New Zealand, year by year

Annual values for General government final consumption expenditure (constant LCU), annual growth rate in New Zealand, 1971 to 2024.
Year % change on previous year Change
1971 2.41 % change on previous year
1972 6.08 % change on previous year +152.6%
1973 4.05 % change on previous year -33.5%
1974 8.25 % change on previous year +104.0%
1975 4.89 % change on previous year -40.8%
1976 -0.7746 % change on previous year -115.9%
1977 4.07 % change on previous year -625.2%
1978 4.66 % change on previous year +14.5%
1979 -1.32 % change on previous year -128.3%
1980 0.9178 % change on previous year -169.5%
1981 1.84 % change on previous year +100.2%
1982 0.5582 % change on previous year -69.6%
1983 2.73 % change on previous year +388.9%
1984 1.82 % change on previous year -33.4%
1985 1.73 % change on previous year -4.7%
1986 0.6777 % change on previous year -60.9%
1987 1.31 % change on previous year +92.7%
1988 0.0007 % change on previous year -99.9%
1989 5.29 % change on previous year +749644.5%
1990 1.06 % change on previous year -80.0%
1991 -0.9905 % change on previous year -193.5%
1992 1.15 % change on previous year -215.6%
1993 1.61 % change on previous year +40.5%
1994 2.9 % change on previous year +79.9%
1995 1.76 % change on previous year -39.2%
1996 1.76 % change on previous year +0.3%
1997 3.34 % change on previous year +89.5%
1998 2.97 % change on previous year -11.0%
1999 1.56 % change on previous year -47.6%
2000 1.14 % change on previous year -26.9%
2001 3.93 % change on previous year +245.1%
2002 1.56 % change on previous year -60.4%
2003 5.3 % change on previous year +240.4%
2004 4.71 % change on previous year -11.0%
2005 6.25 % change on previous year +32.5%
2006 2.8 % change on previous year -55.2%
2007 4.72 % change on previous year +68.7%
2008 3.85 % change on previous year -18.6%
2009 -0.4765 % change on previous year -112.4%
2010 2.01 % change on previous year -522.6%
2011 1.61 % change on previous year -19.9%
2012 -0.2752 % change on previous year -117.1%
2013 1.93 % change on previous year -800.8%
2014 3.05 % change on previous year +58.1%
2015 2.05 % change on previous year -32.7%
2016 1.87 % change on previous year -9.1%
2017 3.78 % change on previous year +102.6%
2018 3.12 % change on previous year -17.4%
2019 5.44 % change on previous year +74.2%
2020 7.02 % change on previous year +29.0%
2021 7.97 % change on previous year +13.6%
2022 2.65 % change on previous year -66.8%
2023 1.15 % change on previous year -56.7%
2024 -1.26 % change on previous year -210.3%

New Zealand compared with similar countries

  • New Zealand's -1.26 % change on previous year is below the median for high income countries, which is 1.71 % change on previous year. (61 countries reporting)
  • New Zealand's -1.26 % change on previous year is below the median for East Asia & Pacific, which is 1.74 % change on previous year. (25 countries reporting)

Biggest year-on-year movements

Years where General government final consumption expenditure (constant LCU) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1989 +749644.5% 0.0007 % change on previous year 5.29 % change on previous year
2013 +800.8% -0.2752 % change on previous year 1.93 % change on previous year
1977 +625.2% -0.7746 % change on previous year 4.07 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.59 % change on previous year -1.32 % change on previous year 8.25 % change on previous year 9
1980s 1.69 % change on previous year 0.0007 % change on previous year 5.29 % change on previous year 10
1990s 1.71 % change on previous year -0.9905 % change on previous year 3.34 % change on previous year 10
2000s 3.38 % change on previous year -0.4765 % change on previous year 6.25 % change on previous year 10
2010s 2.46 % change on previous year -0.2752 % change on previous year 5.44 % change on previous year 10
2020s 3.5 % change on previous year -1.26 % change on previous year 7.97 % change on previous year 5

Countries ranked near New Zealand

  1. 151 Sri Lanka -0.8227 % change on previous year compare
  2. 152 Cameroon -0.879 % change on previous year compare
  3. 153 Malawi -0.9145 % change on previous year compare
  4. 155 Rwanda -1.57 % change on previous year compare
  5. 156 Egypt -1.97 % change on previous year compare
  6. 157 Paraguay -2.18 % change on previous year compare

See the full ranking of 174 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is general government final consumption expenditure (constant lcu) in New Zealand?
General government final consumption expenditure (constant lcu) in New Zealand was -1.26 % change on previous year in 2024, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant lcu) recorded in New Zealand?
The highest recorded value was 8.25 % change on previous year in 1974.
What is the lowest general government final consumption expenditure (constant lcu) recorded in New Zealand?
The lowest recorded value was -1.32 % change on previous year in 1979.
How does New Zealand rank for general government final consumption expenditure (constant lcu)?
New Zealand ranks 154th out of 174 countries with data for 2024.
Is general government final consumption expenditure (constant lcu) rising or falling in New Zealand?
Over the last ten years it is down 141.4%. 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 General government final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (constant LCU) in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-lcu-annual-growth-rate/new-zealand/

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<a href="https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-lcu-annual-growth-rate/new-zealand/">General government final consumption expenditure (constant LCU) in New Zealand</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
General government final consumption expenditure (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,193 data points, 1961–2025
Last refreshed

The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.