General government final consumption expenditure in New Zealand
New Zealand: General government final consumption expenditure was 74.22 billion constant LCU 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 LCU.
Analysis
In 2024, general government final consumption expenditure in New Zealand stood at 74.22 billion constant LCU.
The figure is 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 75.17 billion constant LCU in 2023 and was at its lowest, 18.47 billion constant LCU, in 1970.
New Zealand ranks 98th of 175 countries on this measure, 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 in New Zealand, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 18.47 billion constant LCU | — |
| 1971 | 18.91 billion constant LCU | +2.4% |
| 1972 | 20.06 billion constant LCU | +6.1% |
| 1973 | 20.88 billion constant LCU | +4.0% |
| 1974 | 22.60 billion constant LCU | +8.3% |
| 1975 | 23.70 billion constant LCU | +4.9% |
| 1976 | 23.52 billion constant LCU | -0.8% |
| 1977 | 24.48 billion constant LCU | +4.1% |
| 1978 | 25.62 billion constant LCU | +4.7% |
| 1979 | 25.28 billion constant LCU | -1.3% |
| 1980 | 25.51 billion constant LCU | +0.9% |
| 1981 | 25.98 billion constant LCU | +1.8% |
| 1982 | 26.12 billion constant LCU | +0.6% |
| 1983 | 26.84 billion constant LCU | +2.7% |
| 1984 | 27.32 billion constant LCU | +1.8% |
| 1985 | 27.80 billion constant LCU | +1.7% |
| 1986 | 27.99 billion constant LCU | +0.7% |
| 1987 | 28.35 billion constant LCU | +1.3% |
| 1988 | 28.35 billion constant LCU | +0.0% |
| 1989 | 29.85 billion constant LCU | +5.3% |
| 1990 | 30.17 billion constant LCU | +1.1% |
| 1991 | 29.87 billion constant LCU | -1.0% |
| 1992 | 30.21 billion constant LCU | +1.1% |
| 1993 | 30.70 billion constant LCU | +1.6% |
| 1994 | 31.59 billion constant LCU | +2.9% |
| 1995 | 32.14 billion constant LCU | +1.8% |
| 1996 | 32.71 billion constant LCU | +1.8% |
| 1997 | 33.80 billion constant LCU | +3.3% |
| 1998 | 34.81 billion constant LCU | +3.0% |
| 1999 | 35.35 billion constant LCU | +1.6% |
| 2000 | 35.75 billion constant LCU | +1.1% |
| 2001 | 37.16 billion constant LCU | +3.9% |
| 2002 | 37.74 billion constant LCU | +1.6% |
| 2003 | 39.74 billion constant LCU | +5.3% |
| 2004 | 41.61 billion constant LCU | +4.7% |
| 2005 | 44.21 billion constant LCU | +6.2% |
| 2006 | 45.45 billion constant LCU | +2.8% |
| 2007 | 47.59 billion constant LCU | +4.7% |
| 2008 | 49.42 billion constant LCU | +3.8% |
| 2009 | 49.19 billion constant LCU | -0.5% |
| 2010 | 50.18 billion constant LCU | +2.0% |
| 2011 | 50.99 billion constant LCU | +1.6% |
| 2012 | 50.85 billion constant LCU | -0.3% |
| 2013 | 51.83 billion constant LCU | +1.9% |
| 2014 | 53.41 billion constant LCU | +3.0% |
| 2015 | 54.51 billion constant LCU | +2.1% |
| 2016 | 55.52 billion constant LCU | +1.9% |
| 2017 | 57.62 billion constant LCU | +3.8% |
| 2018 | 59.42 billion constant LCU | +3.1% |
| 2019 | 62.65 billion constant LCU | +5.4% |
| 2020 | 67.05 billion constant LCU | +7.0% |
| 2021 | 72.40 billion constant LCU | +8.0% |
| 2022 | 74.32 billion constant LCU | +2.6% |
| 2023 | 75.17 billion constant LCU | +1.1% |
| 2024 | 74.22 billion constant LCU | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.35 billion constant LCU | 18.47 billion constant LCU | 25.62 billion constant LCU | 10 |
| 1980s | 27.41 billion constant LCU | 25.51 billion constant LCU | 29.85 billion constant LCU | 10 |
| 1990s | 32.13 billion constant LCU | 29.87 billion constant LCU | 35.35 billion constant LCU | 10 |
| 2000s | 42.79 billion constant LCU | 35.75 billion constant LCU | 49.42 billion constant LCU | 10 |
| 2010s | 54.70 billion constant LCU | 50.18 billion constant LCU | 62.65 billion constant LCU | 10 |
| 2020s | 72.63 billion constant LCU | 67.05 billion constant LCU | 75.17 billion constant LCU | 5 |
Countries ranked near New Zealand
- 95 Peru 85.45 billion constant LCU compare
- 96 Central African Republic 79.96 billion constant LCU compare
- 97 Mauritius 79.80 billion constant LCU compare
- 99 North Macedonia 69.05 billion constant LCU compare
- 100 Guatemala 68.49 billion constant LCU compare
- 101 Finland 63.42 billion constant LCU 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0827 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 4,076 current US$ per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.1346 current LCU per US$ of GDP (2023)
- Manufacturing, value added (current LCU), per capita 6,637 current LCU per person (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0749 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 3,702 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
Frequently asked questions
- What is general government final consumption expenditure in New Zealand?
- General government final consumption expenditure in New Zealand was 74.22 billion constant LCU 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 75.17 billion constant LCU in 2023.
- What is the lowest general government final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 18.47 billion constant LCU in 1970.
- How does New Zealand rank for general government final consumption expenditure?
- New Zealand ranks 98th out of 175 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 LCU). 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 varies by country. This series is expressed in local currency units.