Gross national expenditure (current LCU), annual growth rate in New Zealand
New Zealand: Gross national expenditure (current LCU), annual growth rate was 1.99 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (current LCU), annual growth rate in New Zealand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
New Zealand recorded 1.99 % change on previous year for gross national expenditure (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 42.7% on the previous year and down 61.3% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in New Zealand peaked at 23.37 % change on previous year in 1981 and was at its lowest, -3.03 % change on previous year, in 1991.
That places New Zealand 166th out of 185 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.67 % change on previous year | — |
| 1972 | 13.04 % change on previous year | -16.8% |
| 1973 | 19.25 % change on previous year | +47.7% |
| 1974 | 22.45 % change on previous year | +16.6% |
| 1975 | 7.4 % change on previous year | -67.0% |
| 1976 | 16.58 % change on previous year | +124.0% |
| 1977 | 11.06 % change on previous year | -33.3% |
| 1978 | 11.06 % change on previous year | -0.0% |
| 1979 | 18.05 % change on previous year | +63.3% |
| 1980 | 16.2 % change on previous year | -10.2% |
| 1981 | 23.37 % change on previous year | +44.2% |
| 1982 | 15.03 % change on previous year | -35.7% |
| 1983 | 9.52 % change on previous year | -36.7% |
| 1984 | 14.95 % change on previous year | +57.1% |
| 1985 | 14.98 % change on previous year | +0.2% |
| 1986 | 15.76 % change on previous year | +5.2% |
| 1987 | 10.48 % change on previous year | -33.5% |
| 1988 | 6.48 % change on previous year | -38.2% |
| 1989 | 9.23 % change on previous year | +42.5% |
| 1990 | 1.85 % change on previous year | -80.0% |
| 1991 | -3.03 % change on previous year | -263.6% |
| 1992 | 3.63 % change on previous year | -219.9% |
| 1993 | 7.29 % change on previous year | +101.0% |
| 1994 | 7.97 % change on previous year | +9.2% |
| 1995 | 7.49 % change on previous year | -6.0% |
| 1996 | 5.37 % change on previous year | -28.3% |
| 1997 | 3.87 % change on previous year | -27.9% |
| 1998 | 1.98 % change on previous year | -48.9% |
| 1999 | 6.89 % change on previous year | +248.5% |
| 2000 | 3.21 % change on previous year | -53.5% |
| 2001 | 6.68 % change on previous year | +108.2% |
| 2002 | 5.67 % change on previous year | -15.1% |
| 2003 | 8.3 % change on previous year | +46.3% |
| 2004 | 8.57 % change on previous year | +3.3% |
| 2005 | 7.26 % change on previous year | -15.3% |
| 2006 | 4.46 % change on previous year | -38.6% |
| 2007 | 7.98 % change on previous year | +79.1% |
| 2008 | 2.07 % change on previous year | -74.0% |
| 2009 | -0.03 % change on previous year | -101.4% |
| 2010 | 4.69 % change on previous year | -15767.8% |
| 2011 | 5.4 % change on previous year | +15.0% |
| 2012 | 3.05 % change on previous year | -43.4% |
| 2013 | 5.89 % change on previous year | +92.8% |
| 2014 | 5.13 % change on previous year | -12.8% |
| 2015 | 4.99 % change on previous year | -2.8% |
| 2016 | 6.52 % change on previous year | +30.7% |
| 2017 | 6.95 % change on previous year | +6.6% |
| 2018 | 6.32 % change on previous year | -9.1% |
| 2019 | 5.41 % change on previous year | -14.5% |
| 2020 | 2.38 % change on previous year | -55.9% |
| 2021 | 12.61 % change on previous year | +428.6% |
| 2022 | 11.22 % change on previous year | -11.0% |
| 2023 | 3.47 % change on previous year | -69.1% |
| 2024 | 1.99 % change on previous year | -42.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.95 % change on previous year | 7.4 % change on previous year | 22.45 % change on previous year | 9 |
| 1980s | 13.6 % change on previous year | 6.48 % change on previous year | 23.37 % change on previous year | 10 |
| 1990s | 4.33 % change on previous year | -3.03 % change on previous year | 7.97 % change on previous year | 10 |
| 2000s | 5.42 % change on previous year | -0.03 % change on previous year | 8.57 % change on previous year | 10 |
| 2010s | 5.44 % change on previous year | 3.05 % change on previous year | 6.95 % change on previous year | 10 |
| 2020s | 6.33 % change on previous year | 1.99 % change on previous year | 12.61 % change on previous year | 5 |
Countries ranked near New Zealand
- 163 Japan 2.36 % change on previous year compare
- 164 Namibia 2.2 % change on previous year compare
- 165 France 2.11 % change on previous year compare
- 167 Bahrain 1.76 % change on previous year compare
- 168 Lao People's Democratic Republic 1.63 % change on previous year compare
- 169 Eswatini 1.57 % change on previous year 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)
- Final consumption expenditure (constant 2015 US$), per capita 33,643 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.5121 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 49,980 current US$ per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.67 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 82,583 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.7819 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.873 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), annual growth rate in New Zealand?
- Gross national expenditure (current lcu), annual growth rate in New Zealand was 1.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in New Zealand?
- The highest recorded value was 23.37 % change on previous year in 1981.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in New Zealand?
- The lowest recorded value was -3.03 % change on previous year in 1991.
- How does New Zealand rank for gross national expenditure (current lcu), annual growth rate?
- New Zealand ranks 166th out of 185 countries with data for 2024.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is down 61.3%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.