General government final consumption expenditure in New Zealand
New Zealand: General government final consumption expenditure was 90.99 billion current LCU in 2024. ◆ Volatile
General government final consumption expenditure in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
New Zealand recorded 90.99 billion current LCU for general government final consumption expenditure in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.5% on the previous year and up 99.6% over ten years.
Over the whole period, general government final consumption expenditure in New Zealand peaked at 90.99 billion current LCU in 2024 and was at its lowest, 880.75 million current LCU, in 1970.
That places New Zealand 110th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 880.75 million current LCU | — |
| 1971 | 1.01 billion current LCU | +15.0% |
| 1972 | 1.16 billion current LCU | +14.6% |
| 1973 | 1.33 billion current LCU | +14.9% |
| 1974 | 1.65 billion current LCU | +23.7% |
| 1975 | 1.99 billion current LCU | +20.3% |
| 1976 | 2.27 billion current LCU | +14.6% |
| 1977 | 2.73 billion current LCU | +20.1% |
| 1978 | 3.32 billion current LCU | +21.6% |
| 1979 | 3.82 billion current LCU | +15.0% |
| 1980 | 4.71 billion current LCU | +23.3% |
| 1981 | 5.63 billion current LCU | +19.5% |
| 1982 | 6.35 billion current LCU | +12.8% |
| 1983 | 6.76 billion current LCU | +6.5% |
| 1984 | 7.38 billion current LCU | +9.2% |
| 1985 | 8.62 billion current LCU | +16.7% |
| 1986 | 10.27 billion current LCU | +19.2% |
| 1987 | 11.44 billion current LCU | +11.4% |
| 1988 | 12.34 billion current LCU | +7.8% |
| 1989 | 13.21 billion current LCU | +7.1% |
| 1990 | 14.04 billion current LCU | +6.3% |
| 1991 | 14.20 billion current LCU | +1.1% |
| 1992 | 14.77 billion current LCU | +4.0% |
| 1993 | 15.00 billion current LCU | +1.5% |
| 1994 | 15.21 billion current LCU | +1.5% |
| 1995 | 16.17 billion current LCU | +6.3% |
| 1996 | 16.82 billion current LCU | +4.0% |
| 1997 | 17.64 billion current LCU | +4.9% |
| 1998 | 18.75 billion current LCU | +6.2% |
| 1999 | 19.56 billion current LCU | +4.4% |
| 2000 | 20.48 billion current LCU | +4.7% |
| 2001 | 21.75 billion current LCU | +6.2% |
| 2002 | 22.66 billion current LCU | +4.2% |
| 2003 | 24.29 billion current LCU | +7.2% |
| 2004 | 26.38 billion current LCU | +8.6% |
| 2005 | 29.24 billion current LCU | +10.8% |
| 2006 | 31.58 billion current LCU | +8.0% |
| 2007 | 34.40 billion current LCU | +8.9% |
| 2008 | 37.48 billion current LCU | +8.9% |
| 2009 | 38.43 billion current LCU | +2.5% |
| 2010 | 40.06 billion current LCU | +4.2% |
| 2011 | 41.72 billion current LCU | +4.1% |
| 2012 | 42.16 billion current LCU | +1.1% |
| 2013 | 43.64 billion current LCU | +3.5% |
| 2014 | 45.58 billion current LCU | +4.4% |
| 2015 | 47.26 billion current LCU | +3.7% |
| 2016 | 49.27 billion current LCU | +4.2% |
| 2017 | 52.14 billion current LCU | +5.8% |
| 2018 | 55.77 billion current LCU | +7.0% |
| 2019 | 60.88 billion current LCU | +9.2% |
| 2020 | 67.05 billion current LCU | +10.1% |
| 2021 | 75.59 billion current LCU | +12.7% |
| 2022 | 82.98 billion current LCU | +9.8% |
| 2023 | 87.91 billion current LCU | +5.9% |
| 2024 | 90.99 billion current LCU | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.02 billion current LCU | 880.75 million current LCU | 3.82 billion current LCU | 10 |
| 1980s | 8.67 billion current LCU | 4.71 billion current LCU | 13.21 billion current LCU | 10 |
| 1990s | 16.22 billion current LCU | 14.04 billion current LCU | 19.56 billion current LCU | 10 |
| 2000s | 28.67 billion current LCU | 20.48 billion current LCU | 38.43 billion current LCU | 10 |
| 2010s | 47.85 billion current LCU | 40.06 billion current LCU | 60.88 billion current LCU | 10 |
| 2020s | 80.90 billion current LCU | 67.05 billion current LCU | 90.99 billion current LCU | 5 |
Countries ranked near New Zealand
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)
- Services, value added (current US$), annual growth rate 3.93 % change on previous year (2023)
- Services, value added (current US$), per unit of GDP 0.6823 current US$ per US$ of GDP (2023)
- Services, value added (current US$), per capita 33,641 current US$ per person (2023)
- Services, value added (current LCU), annual growth rate 7.31 % change on previous year (2023)
- Services, value added (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2023)
- Services, value added (current LCU), per capita 54,782 current LCU per person (2023)
- Services, value added (constant 2015 US$), annual growth rate -0.1121 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5794 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in New Zealand?
- General government final consumption expenditure in New Zealand was 90.99 billion current 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 90.99 billion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in New Zealand?
- The lowest recorded value was 880.75 million current LCU in 1970.
- How does New Zealand rank for general government final consumption expenditure?
- New Zealand ranks 110th out of 186 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 99.6%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.