Gross national expenditure in New Zealand
New Zealand: Gross national expenditure was 357.71 billion constant LCU in 2024. ▲ Rising
Latest (2024)
357.71 billion constant LCU
Change on year
down 0.8%
World rank
98th
of 168 countries
All-time high
366.00 billion constant LCU
in 2022
All-time low
87.39 billion constant LCU
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 LCU.
Analysis
The most recent figure for gross national expenditure in New Zealand is 357.71 billion constant LCU, measured in 2024.
That represents a change of down 0.8% on the previous year and up 33.6% over ten years.
Over the whole period, gross national expenditure in New Zealand peaked at 366.00 billion constant LCU in 2022 and was at its lowest, 87.39 billion constant LCU, in 1970.
New Zealand ranks 98th of 168 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 LCU | Change |
|---|---|---|
| 1970 | 87.39 billion constant LCU | — |
| 1971 | 89.18 billion constant LCU | +2.0% |
| 1972 | 94.97 billion constant LCU | +6.5% |
| 1973 | 106.43 billion constant LCU | +12.1% |
| 1974 | 115.98 billion constant LCU | +9.0% |
| 1975 | 106.77 billion constant LCU | -7.9% |
| 1976 | 105.39 billion constant LCU | -1.3% |
| 1977 | 101.65 billion constant LCU | -3.6% |
| 1978 | 100.95 billion constant LCU | -0.7% |
| 1979 | 102.41 billion constant LCU | +1.4% |
| 1980 | 101.09 billion constant LCU | -1.3% |
| 1981 | 106.17 billion constant LCU | +5.0% |
| 1982 | 106.86 billion constant LCU | +0.6% |
| 1983 | 110.58 billion constant LCU | +3.5% |
| 1984 | 116.43 billion constant LCU | +5.3% |
| 1985 | 116.68 billion constant LCU | +0.2% |
| 1986 | 119.13 billion constant LCU | +2.1% |
| 1987 | 120.33 billion constant LCU | +1.0% |
| 1988 | 122.47 billion constant LCU | +1.8% |
| 1989 | 127.82 billion constant LCU | +4.4% |
| 1990 | 126.39 billion constant LCU | -1.1% |
| 1991 | 120.66 billion constant LCU | -4.5% |
| 1992 | 122.91 billion constant LCU | +1.9% |
| 1993 | 130.36 billion constant LCU | +6.1% |
| 1994 | 138.76 billion constant LCU | +6.4% |
| 1995 | 145.70 billion constant LCU | +5.0% |
| 1996 | 151.35 billion constant LCU | +3.9% |
| 1997 | 155.06 billion constant LCU | +2.5% |
| 1998 | 156.69 billion constant LCU | +1.1% |
| 1999 | 165.10 billion constant LCU | +5.4% |
| 2000 | 166.50 billion constant LCU | +0.8% |
| 2001 | 173.58 billion constant LCU | +4.3% |
| 2002 | 181.95 billion constant LCU | +4.8% |
| 2003 | 196.10 billion constant LCU | +7.8% |
| 2004 | 208.04 billion constant LCU | +6.1% |
| 2005 | 218.20 billion constant LCU | +4.9% |
| 2006 | 220.51 billion constant LCU | +1.1% |
| 2007 | 233.22 billion constant LCU | +5.8% |
| 2008 | 229.80 billion constant LCU | -1.5% |
| 2009 | 224.46 billion constant LCU | -2.3% |
| 2010 | 231.64 billion constant LCU | +3.2% |
| 2011 | 240.45 billion constant LCU | +3.8% |
| 2012 | 245.82 billion constant LCU | +2.2% |
| 2013 | 256.19 billion constant LCU | +4.2% |
| 2014 | 267.68 billion constant LCU | +4.5% |
| 2015 | 276.43 billion constant LCU | +3.3% |
| 2016 | 289.74 billion constant LCU | +4.8% |
| 2017 | 305.20 billion constant LCU | +5.3% |
| 2018 | 318.21 billion constant LCU | +4.3% |
| 2019 | 327.29 billion constant LCU | +2.9% |
| 2020 | 330.56 billion constant LCU | +1.0% |
| 2021 | 354.60 billion constant LCU | +7.3% |
| 2022 | 366.00 billion constant LCU | +3.2% |
| 2023 | 360.59 billion constant LCU | -1.5% |
| 2024 | 357.71 billion constant LCU | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 101.11 billion constant LCU | 87.39 billion constant LCU | 115.98 billion constant LCU | 10 |
| 1980s | 114.76 billion constant LCU | 101.09 billion constant LCU | 127.82 billion constant LCU | 10 |
| 1990s | 141.30 billion constant LCU | 120.66 billion constant LCU | 165.10 billion constant LCU | 10 |
| 2000s | 205.24 billion constant LCU | 166.50 billion constant LCU | 233.22 billion constant LCU | 10 |
| 2010s | 275.87 billion constant LCU | 231.64 billion constant LCU | 327.29 billion constant LCU | 10 |
| 2020s | 353.89 billion constant LCU | 330.56 billion constant LCU | 366.00 billion constant LCU | 5 |
Countries ranked near New Zealand
- 95 Singapore 420.56 billion constant LCU compare
- 96 Mauritania 413.90 billion constant LCU compare
- 97 Austria 398.74 billion constant LCU compare
- 99 Bolivia, Plurinational State of 348.88 billion constant LCU compare
- 100 Honduras 318.99 billion constant LCU compare
- 101 Ireland 306.00 billion constant LCU 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 357.71 billion constant LCU 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 366.00 billion constant LCU in 2022.
- What is the lowest gross national expenditure recorded in New Zealand?
- The lowest recorded value was 87.39 billion constant LCU in 1970.
- How does New Zealand rank for gross national expenditure?
- New Zealand ranks 98th out of 168 countries with data for 2024.
- Is gross national expenditure rising or falling in New Zealand?
- Over the last ten years it is up 33.6%. 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 LCU). 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 varies by country. This series is expressed in local currency units.