Gross national expenditure (current LCU) in New Zealand
New Zealand: Gross national expenditure (current LCU) was 436.87 billion current LCU in 2024. ◆ Volatile
Latest (2024)
436.87 billion current LCU
Change on year
up 2.0%
World rank
115th
of 186 countries
All-time high
436.87 billion current LCU
in 2024
All-time low
6.00 billion current 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 current LCU.
Analysis
In 2024, gross national expenditure in New Zealand stood at 436.87 billion current LCU. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 81.4% over ten years.
Over the whole period, gross national expenditure in New Zealand peaked at 436.87 billion current LCU in 2024 and was at its lowest, 6.00 billion current LCU, in 1970.
That places New Zealand 115th out of 186 countries with data for 2024, putting it 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 (current LCU) in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 6.00 billion current LCU | — |
| 1971 | 6.93 billion current LCU | +15.7% |
| 1972 | 7.84 billion current LCU | +13.0% |
| 1973 | 9.35 billion current LCU | +19.2% |
| 1974 | 11.45 billion current LCU | +22.5% |
| 1975 | 12.29 billion current LCU | +7.4% |
| 1976 | 14.33 billion current LCU | +16.6% |
| 1977 | 15.92 billion current LCU | +11.1% |
| 1978 | 17.68 billion current LCU | +11.1% |
| 1979 | 20.87 billion current LCU | +18.1% |
| 1980 | 24.25 billion current LCU | +16.2% |
| 1981 | 29.92 billion current LCU | +23.4% |
| 1982 | 34.41 billion current LCU | +15.0% |
| 1983 | 37.69 billion current LCU | +9.5% |
| 1984 | 43.32 billion current LCU | +14.9% |
| 1985 | 49.81 billion current LCU | +15.0% |
| 1986 | 57.66 billion current LCU | +15.8% |
| 1987 | 63.71 billion current LCU | +10.5% |
| 1988 | 67.83 billion current LCU | +6.5% |
| 1989 | 74.10 billion current LCU | +9.2% |
| 1990 | 75.47 billion current LCU | +1.9% |
| 1991 | 73.19 billion current LCU | -3.0% |
| 1992 | 75.84 billion current LCU | +3.6% |
| 1993 | 81.37 billion current LCU | +7.3% |
| 1994 | 87.85 billion current LCU | +8.0% |
| 1995 | 94.43 billion current LCU | +7.5% |
| 1996 | 99.50 billion current LCU | +5.4% |
| 1997 | 103.35 billion current LCU | +3.9% |
| 1998 | 105.40 billion current LCU | +2.0% |
| 1999 | 112.66 billion current LCU | +6.9% |
| 2000 | 116.28 billion current LCU | +3.2% |
| 2001 | 124.04 billion current LCU | +6.7% |
| 2002 | 131.08 billion current LCU | +5.7% |
| 2003 | 141.95 billion current LCU | +8.3% |
| 2004 | 154.11 billion current LCU | +8.6% |
| 2005 | 165.30 billion current LCU | +7.3% |
| 2006 | 172.67 billion current LCU | +4.5% |
| 2007 | 186.45 billion current LCU | +8.0% |
| 2008 | 190.32 billion current LCU | +2.1% |
| 2009 | 190.26 billion current LCU | -0.0% |
| 2010 | 199.19 billion current LCU | +4.7% |
| 2011 | 209.94 billion current LCU | +5.4% |
| 2012 | 216.35 billion current LCU | +3.1% |
| 2013 | 229.09 billion current LCU | +5.9% |
| 2014 | 240.85 billion current LCU | +5.1% |
| 2015 | 252.86 billion current LCU | +5.0% |
| 2016 | 269.35 billion current LCU | +6.5% |
| 2017 | 288.08 billion current LCU | +7.0% |
| 2018 | 306.30 billion current LCU | +6.3% |
| 2019 | 322.86 billion current LCU | +5.4% |
| 2020 | 330.56 billion current LCU | +2.4% |
| 2021 | 372.23 billion current LCU | +12.6% |
| 2022 | 414.00 billion current LCU | +11.2% |
| 2023 | 428.36 billion current LCU | +3.5% |
| 2024 | 436.87 billion current LCU | +2.0% |
New Zealand compared with similar countries
- New Zealand's 436.87 billion current LCU is below the median for high income countries, which is 501.74 billion current LCU, 87% of the median. (66 countries reporting)
- New Zealand's 436.87 billion current LCU is below the median for East Asia & Pacific, which is 890.20 billion current LCU, 49% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.27 billion current LCU | 6.00 billion current LCU | 20.87 billion current LCU | 10 |
| 1980s | 48.27 billion current LCU | 24.25 billion current LCU | 74.10 billion current LCU | 10 |
| 1990s | 90.91 billion current LCU | 73.19 billion current LCU | 112.66 billion current LCU | 10 |
| 2000s | 157.24 billion current LCU | 116.28 billion current LCU | 190.32 billion current LCU | 10 |
| 2010s | 253.49 billion current LCU | 199.19 billion current LCU | 322.86 billion current LCU | 10 |
| 2020s | 396.40 billion current LCU | 330.56 billion current LCU | 436.87 billion current LCU | 5 |
Countries ranked near New Zealand
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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in New Zealand?
- Gross national expenditure in New Zealand was 436.87 billion current 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 436.87 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in New Zealand?
- The lowest recorded value was 6.00 billion current LCU in 1970.
- How does New Zealand rank for gross national expenditure?
- New Zealand ranks 115th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in New Zealand?
- Over the last ten years it is up 81.4%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.