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

Latest (2024)
1.37 constant LCU per US$ of GDP
Change on year
down 2.7%
World rank
119th
of 169 countries
All-time high
13.45 constant LCU per US$ of GDP
in 1970
All-time low
1.33 constant LCU per US$ of GDP
in 2014
Years of data
55
1970–2024

Gross national expenditure (constant LCU), per unit of GDP in New Zealand, 1970–2024

2.557.51012.5197019972024

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

Annual values for Gross national expenditure (constant LCU), per unit of GDP in New Zealand, 1970 to 2024.
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

DecadeAverage LowestHighest 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

  1. 116 South Sudan 1.57 constant LCU per US$ of GDP compare
  2. 117 Romania 1.49 constant LCU per US$ of GDP compare
  3. 118 East Timor 1.48 constant LCU per US$ of GDP compare
  4. 120 Libya 1.34 constant LCU per US$ of GDP compare
  5. 121 Palau 1.17 constant LCU per US$ of GDP compare
  6. 122 Canada 1.16 constant LCU per US$ of GDP compare

See the full ranking of 169 places →

More economy & growth data for New Zealand

All data for New Zealand →

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.

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Gross national expenditure (constant LCU), per unit of GDP in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-lcu-per-unit-of-gdp/new-zealand/

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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

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

Indicator
Gross national expenditure (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 7,008 data points, 1960–2025
Last refreshed

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.