General government final consumption … current rate annual growth in New Zealand
New Zealand: General government final consumption … current rate annual growth was 3.5 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (current LCU) in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, general government final consumption expenditure (current lcu) in New Zealand stood at 3.5 % change on previous year.
The figure is down 41.0% on the previous year and down 20.9% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in New Zealand peaked at 23.69 % change on previous year in 1974 and was at its lowest, 1.05 % change on previous year, in 2012.
New Zealand ranks 139th of 185 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 … current rate annual growth in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.02 % change on previous year | — |
| 1972 | 14.61 % change on previous year | -2.7% |
| 1973 | 14.9 % change on previous year | +2.0% |
| 1974 | 23.69 % change on previous year | +59.0% |
| 1975 | 20.3 % change on previous year | -14.3% |
| 1976 | 14.56 % change on previous year | -28.3% |
| 1977 | 20.14 % change on previous year | +38.3% |
| 1978 | 21.6 % change on previous year | +7.2% |
| 1979 | 14.99 % change on previous year | -30.6% |
| 1980 | 23.27 % change on previous year | +55.2% |
| 1981 | 19.52 % change on previous year | -16.1% |
| 1982 | 12.79 % change on previous year | -34.4% |
| 1983 | 6.51 % change on previous year | -49.1% |
| 1984 | 9.2 % change on previous year | +41.4% |
| 1985 | 16.74 % change on previous year | +82.0% |
| 1986 | 19.18 % change on previous year | +14.6% |
| 1987 | 11.41 % change on previous year | -40.5% |
| 1988 | 7.82 % change on previous year | -31.5% |
| 1989 | 7.07 % change on previous year | -9.6% |
| 1990 | 6.3 % change on previous year | -10.9% |
| 1991 | 1.13 % change on previous year | -82.0% |
| 1992 | 4 % change on previous year | +253.2% |
| 1993 | 1.54 % change on previous year | -61.6% |
| 1994 | 1.45 % change on previous year | -5.4% |
| 1995 | 6.27 % change on previous year | +331.3% |
| 1996 | 4 % change on previous year | -36.2% |
| 1997 | 4.93 % change on previous year | +23.2% |
| 1998 | 6.23 % change on previous year | +26.5% |
| 1999 | 4.36 % change on previous year | -30.1% |
| 2000 | 4.7 % change on previous year | +7.8% |
| 2001 | 6.19 % change on previous year | +31.8% |
| 2002 | 4.17 % change on previous year | -32.6% |
| 2003 | 7.2 % change on previous year | +72.6% |
| 2004 | 8.63 % change on previous year | +19.9% |
| 2005 | 10.84 % change on previous year | +25.6% |
| 2006 | 8 % change on previous year | -26.2% |
| 2007 | 8.93 % change on previous year | +11.6% |
| 2008 | 8.94 % change on previous year | +0.2% |
| 2009 | 2.55 % change on previous year | -71.5% |
| 2010 | 4.24 % change on previous year | +66.2% |
| 2011 | 4.14 % change on previous year | -2.3% |
| 2012 | 1.05 % change on previous year | -74.6% |
| 2013 | 3.52 % change on previous year | +235.0% |
| 2014 | 4.43 % change on previous year | +25.7% |
| 2015 | 3.69 % change on previous year | -16.7% |
| 2016 | 4.25 % change on previous year | +15.0% |
| 2017 | 5.83 % change on previous year | +37.2% |
| 2018 | 6.96 % change on previous year | +19.4% |
| 2019 | 9.16 % change on previous year | +31.7% |
| 2020 | 10.14 % change on previous year | +10.7% |
| 2021 | 12.73 % change on previous year | +25.5% |
| 2022 | 9.77 % change on previous year | -23.3% |
| 2023 | 5.94 % change on previous year | -39.2% |
| 2024 | 3.5 % change on previous year | -41.0% |
New Zealand compared with similar countries
- New Zealand's 3.5 % change on previous year is below the median for high income countries, which is 5.1 % change on previous year, 69% of the median. (67 countries reporting)
- New Zealand's 3.5 % change on previous year is above the median for East Asia & Pacific, which is 3.5 % change on previous year, 1.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where General government final consumption … current rate annual growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +331.3% | 1.45 % change on previous year | 6.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.76 % change on previous year | 14.56 % change on previous year | 23.69 % change on previous year | 9 |
| 1980s | 13.35 % change on previous year | 6.51 % change on previous year | 23.27 % change on previous year | 10 |
| 1990s | 4.02 % change on previous year | 1.13 % change on previous year | 6.3 % change on previous year | 10 |
| 2000s | 7.01 % change on previous year | 2.55 % change on previous year | 10.84 % change on previous year | 10 |
| 2010s | 4.73 % change on previous year | 1.05 % change on previous year | 9.16 % change on previous year | 10 |
| 2020s | 8.42 % change on previous year | 3.5 % change on previous year | 12.73 % change on previous year | 5 |
Countries ranked near New Zealand
- 136 French Polynesia 3.76 % change on previous year compare
- 137 Senegal 3.59 % change on previous year compare
- 138 Italy 3.53 % change on previous year compare
- 140 Costa Rica 3.44 % change on previous year compare
- 141 Cote d'Ivoire 3.39 % change on previous year compare
- 142 Tonga 3.3 % change on previous year 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 (current lcu) in New Zealand?
- General government final consumption expenditure (current lcu) in New Zealand was 3.5 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in New Zealand?
- The highest recorded value was 23.69 % change on previous year in 1974.
- What is the lowest general government final consumption expenditure (current lcu) recorded in New Zealand?
- The lowest recorded value was 1.05 % change on previous year in 2012.
- How does New Zealand rank for general government final consumption expenditure (current lcu)?
- New Zealand ranks 139th out of 185 countries with data for 2024.
- Is general government final consumption expenditure (current lcu) rising or falling in New Zealand?
- Over the last ten years it is down 20.9%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.