Gross national expenditure (constant LCU), per unit of GDP in New Zealand
New Zealand: Gross national expenditure (constant LCU), per unit of GDP was 1.37 constant LCU per US$ of GDP in 2024. ◆ Volatile
Gross national expenditure (constant LCU), per unit of GDP in New Zealand, 1970–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gross national expenditure (constant lcu), per unit of gdp in New Zealand stood at 1.37 constant LCU per US$ of GDP.
That represents a change of down 2.7% on the previous year and up 2.9% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in New Zealand peaked at 13.45 constant LCU per US$ of GDP in 1970 and was at its lowest, 1.33 constant LCU per US$ of GDP, in 2014.
New Zealand ranks 119th of 169 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant LCU), per unit of GDP in New Zealand, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 13.45 constant LCU per US$ of GDP | — |
| 1971 | 11.27 constant LCU per US$ of GDP | -16.2% |
| 1972 | 9.93 constant LCU per US$ of GDP | -11.9% |
| 1973 | 8.31 constant LCU per US$ of GDP | -16.2% |
| 1974 | 8.32 constant LCU per US$ of GDP | +0.1% |
| 1975 | 8.3 constant LCU per US$ of GDP | -0.2% |
| 1976 | 7.75 constant LCU per US$ of GDP | -6.7% |
| 1977 | 6.58 constant LCU per US$ of GDP | -15.1% |
| 1978 | 5.45 constant LCU per US$ of GDP | -17.2% |
| 1979 | 4.94 constant LCU per US$ of GDP | -9.3% |
| 1980 | 4.35 constant LCU per US$ of GDP | -12.0% |
| 1981 | 4.35 constant LCU per US$ of GDP | -0.0% |
| 1982 | 4.42 constant LCU per US$ of GDP | +1.7% |
| 1983 | 4.55 constant LCU per US$ of GDP | +2.9% |
| 1984 | 5.37 constant LCU per US$ of GDP | +18.1% |
| 1985 | 4.73 constant LCU per US$ of GDP | -12.0% |
| 1986 | 3.89 constant LCU per US$ of GDP | -17.7% |
| 1987 | 2.98 constant LCU per US$ of GDP | -23.4% |
| 1988 | 2.71 constant LCU per US$ of GDP | -9.0% |
| 1989 | 2.91 constant LCU per US$ of GDP | +7.4% |
| 1990 | 2.78 constant LCU per US$ of GDP | -4.5% |
| 1991 | 2.82 constant LCU per US$ of GDP | +1.6% |
| 1992 | 2.95 constant LCU per US$ of GDP | +4.5% |
| 1993 | 2.79 constant LCU per US$ of GDP | -5.6% |
| 1994 | 2.51 constant LCU per US$ of GDP | -10.0% |
| 1995 | 2.28 constant LCU per US$ of GDP | -9.1% |
| 1996 | 2.16 constant LCU per US$ of GDP | -5.3% |
| 1997 | 2.35 constant LCU per US$ of GDP | +8.8% |
| 1998 | 2.79 constant LCU per US$ of GDP | +18.8% |
| 1999 | 2.81 constant LCU per US$ of GDP | +0.8% |
| 2000 | 3.16 constant LCU per US$ of GDP | +12.6% |
| 2001 | 3.22 constant LCU per US$ of GDP | +1.8% |
| 2002 | 2.73 constant LCU per US$ of GDP | -15.2% |
| 2003 | 2.22 constant LCU per US$ of GDP | -18.6% |
| 2004 | 2 constant LCU per US$ of GDP | -9.9% |
| 2005 | 1.9 constant LCU per US$ of GDP | -5.0% |
| 2006 | 1.98 constant LCU per US$ of GDP | +3.9% |
| 2007 | 1.7 constant LCU per US$ of GDP | -14.0% |
| 2008 | 1.72 constant LCU per US$ of GDP | +1.3% |
| 2009 | 1.84 constant LCU per US$ of GDP | +7.1% |
| 2010 | 1.58 constant LCU per US$ of GDP | -14.5% |
| 2011 | 1.43 constant LCU per US$ of GDP | -9.5% |
| 2012 | 1.39 constant LCU per US$ of GDP | -2.4% |
| 2013 | 1.34 constant LCU per US$ of GDP | -3.7% |
| 2014 | 1.33 constant LCU per US$ of GDP | -1.0% |
| 2015 | 1.55 constant LCU per US$ of GDP | +16.8% |
| 2016 | 1.53 constant LCU per US$ of GDP | -1.2% |
| 2017 | 1.48 constant LCU per US$ of GDP | -3.6% |
| 2018 | 1.5 constant LCU per US$ of GDP | +1.7% |
| 2019 | 1.54 constant LCU per US$ of GDP | +2.2% |
| 2020 | 1.55 constant LCU per US$ of GDP | +0.9% |
| 2021 | 1.4 constant LCU per US$ of GDP | -9.8% |
| 2022 | 1.47 constant LCU per US$ of GDP | +4.9% |
| 2023 | 1.41 constant LCU per US$ of GDP | -4.0% |
| 2024 | 1.37 constant LCU per US$ of GDP | -2.7% |
New Zealand compared with similar countries
- New Zealand's 1.37 constant LCU per US$ of GDP is above the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 1.7× the median. (58 countries reporting)
- New Zealand's 1.37 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 4.38 constant LCU per US$ of GDP, 31% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.43 constant LCU per US$ of GDP | 4.94 constant LCU per US$ of GDP | 13.45 constant LCU per US$ of GDP | 10 |
| 1980s | 4.03 constant LCU per US$ of GDP | 2.71 constant LCU per US$ of GDP | 5.37 constant LCU per US$ of GDP | 10 |
| 1990s | 2.62 constant LCU per US$ of GDP | 2.16 constant LCU per US$ of GDP | 2.95 constant LCU per US$ of GDP | 10 |
| 2000s | 2.25 constant LCU per US$ of GDP | 1.7 constant LCU per US$ of GDP | 3.22 constant LCU per US$ of GDP | 10 |
| 2010s | 1.47 constant LCU per US$ of GDP | 1.33 constant LCU per US$ of GDP | 1.58 constant LCU per US$ of GDP | 10 |
| 2020s | 1.44 constant LCU per US$ of GDP | 1.37 constant LCU per US$ of GDP | 1.55 constant LCU per US$ of GDP | 5 |
Countries ranked near New Zealand
- 116 South Sudan 1.57 constant LCU per US$ of GDP compare
- 117 Romania 1.49 constant LCU per US$ of GDP compare
- 118 East Timor 1.48 constant LCU per US$ of GDP compare
- 120 Libya 1.34 constant LCU per US$ of GDP compare
- 121 Palau 1.17 constant LCU per US$ of GDP compare
- 122 Canada 1.16 constant LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in New Zealand?
- Gross national expenditure (constant lcu), per unit of gdp in New Zealand was 1.37 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 13.45 constant LCU per US$ of GDP in 1970.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 1.33 constant LCU per US$ of GDP in 2014.
- How does New Zealand rank for gross national expenditure (constant lcu), per unit of gdp?
- New Zealand ranks 119th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 2.9%. 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 Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.