Gross national expenditure in New Zealand
New Zealand: Gross national expenditure was 228.28 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
228.28 billion constant 2015 US$
Change on year
down 0.8%
World rank
47th
of 162 countries
All-time high
233.44 billion constant 2015 US$
in 2022
All-time low
55.83 billion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in New Zealand, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross national expenditure in New Zealand stood at 228.28 billion constant 2015 US$.
That represents a change of down 0.8% on the previous year and up 33.7% over ten years.
Over the whole period, gross national expenditure in New Zealand peaked at 233.44 billion constant 2015 US$ in 2022 and was at its lowest, 55.83 billion constant 2015 US$, in 1970.
New Zealand ranks 47th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure in New Zealand, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 55.83 billion constant 2015 US$ | — |
| 1971 | 56.95 billion constant 2015 US$ | +2.0% |
| 1972 | 60.66 billion constant 2015 US$ | +6.5% |
| 1973 | 67.92 billion constant 2015 US$ | +12.0% |
| 1974 | 73.96 billion constant 2015 US$ | +8.9% |
| 1975 | 68.21 billion constant 2015 US$ | -7.8% |
| 1976 | 67.30 billion constant 2015 US$ | -1.3% |
| 1977 | 64.94 billion constant 2015 US$ | -3.5% |
| 1978 | 64.54 billion constant 2015 US$ | -0.6% |
| 1979 | 65.44 billion constant 2015 US$ | +1.4% |
| 1980 | 64.62 billion constant 2015 US$ | -1.3% |
| 1981 | 67.83 billion constant 2015 US$ | +5.0% |
| 1982 | 68.24 billion constant 2015 US$ | +0.6% |
| 1983 | 70.61 billion constant 2015 US$ | +3.5% |
| 1984 | 74.31 billion constant 2015 US$ | +5.2% |
| 1985 | 74.49 billion constant 2015 US$ | +0.2% |
| 1986 | 76.07 billion constant 2015 US$ | +2.1% |
| 1987 | 76.87 billion constant 2015 US$ | +1.0% |
| 1988 | 78.24 billion constant 2015 US$ | +1.8% |
| 1989 | 81.62 billion constant 2015 US$ | +4.3% |
| 1990 | 80.74 billion constant 2015 US$ | -1.1% |
| 1991 | 77.12 billion constant 2015 US$ | -4.5% |
| 1992 | 78.54 billion constant 2015 US$ | +1.8% |
| 1993 | 83.25 billion constant 2015 US$ | +6.0% |
| 1994 | 88.58 billion constant 2015 US$ | +6.4% |
| 1995 | 93.00 billion constant 2015 US$ | +5.0% |
| 1996 | 96.60 billion constant 2015 US$ | +3.9% |
| 1997 | 98.98 billion constant 2015 US$ | +2.5% |
| 1998 | 100.05 billion constant 2015 US$ | +1.1% |
| 1999 | 105.36 billion constant 2015 US$ | +5.3% |
| 2000 | 106.27 billion constant 2015 US$ | +0.9% |
| 2001 | 110.76 billion constant 2015 US$ | +4.2% |
| 2002 | 116.09 billion constant 2015 US$ | +4.8% |
| 2003 | 125.08 billion constant 2015 US$ | +7.7% |
| 2004 | 132.67 billion constant 2015 US$ | +6.1% |
| 2005 | 139.15 billion constant 2015 US$ | +4.9% |
| 2006 | 140.68 billion constant 2015 US$ | +1.1% |
| 2007 | 148.74 billion constant 2015 US$ | +5.7% |
| 2008 | 146.62 billion constant 2015 US$ | -1.4% |
| 2009 | 143.31 billion constant 2015 US$ | -2.3% |
| 2010 | 147.86 billion constant 2015 US$ | +3.2% |
| 2011 | 153.46 billion constant 2015 US$ | +3.8% |
| 2012 | 156.86 billion constant 2015 US$ | +2.2% |
| 2013 | 163.46 billion constant 2015 US$ | +4.2% |
| 2014 | 170.74 billion constant 2015 US$ | +4.5% |
| 2015 | 176.34 billion constant 2015 US$ | +3.3% |
| 2016 | 184.85 billion constant 2015 US$ | +4.8% |
| 2017 | 194.68 billion constant 2015 US$ | +5.3% |
| 2018 | 202.99 billion constant 2015 US$ | +4.3% |
| 2019 | 208.79 billion constant 2015 US$ | +2.9% |
| 2020 | 210.92 billion constant 2015 US$ | +1.0% |
| 2021 | 226.21 billion constant 2015 US$ | +7.2% |
| 2022 | 233.44 billion constant 2015 US$ | +3.2% |
| 2023 | 230.08 billion constant 2015 US$ | -1.4% |
| 2024 | 228.28 billion constant 2015 US$ | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.57 billion constant 2015 US$ | 55.83 billion constant 2015 US$ | 73.96 billion constant 2015 US$ | 10 |
| 1980s | 73.29 billion constant 2015 US$ | 64.62 billion constant 2015 US$ | 81.62 billion constant 2015 US$ | 10 |
| 1990s | 90.22 billion constant 2015 US$ | 77.12 billion constant 2015 US$ | 105.36 billion constant 2015 US$ | 10 |
| 2000s | 130.94 billion constant 2015 US$ | 106.27 billion constant 2015 US$ | 148.74 billion constant 2015 US$ | 10 |
| 2010s | 176.00 billion constant 2015 US$ | 147.86 billion constant 2015 US$ | 208.79 billion constant 2015 US$ | 10 |
| 2020s | 225.79 billion constant 2015 US$ | 210.92 billion constant 2015 US$ | 233.44 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 44 Peru 247.28 billion constant 2015 US$ compare
- 45 Kazakhstan 246.91 billion constant 2015 US$ compare
- 46 Greece 242.78 billion constant 2015 US$ compare
- 48 Czechia 216.33 billion constant 2015 US$ compare
- 49 Iraq 191.22 billion constant 2015 US$ compare
- 50 Morocco 161.21 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)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 0.1944 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 9,582 current US$ per person (2023)
- Industry (including construction), value added (current LCU), annual 4.94 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 0.3165 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 15,604 current LCU per person (2023)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in New Zealand?
- Gross national expenditure in New Zealand was 228.28 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in New Zealand?
- The highest recorded value was 233.44 billion constant 2015 US$ in 2022.
- What is the lowest gross national expenditure recorded in New Zealand?
- The lowest recorded value was 55.83 billion constant 2015 US$ in 1970.
- How does New Zealand rank for gross national expenditure?
- New Zealand ranks 47th out of 162 countries with data for 2024.
- Is gross national expenditure rising or falling in New Zealand?
- Over the last ten years it is up 33.7%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.