Gross national expenditure in New Zealand
New Zealand: Gross national expenditure was 264.40 billion current US$ in 2024. ◆ Volatile
Latest (2024)
264.40 billion current US$
Change on year
up 0.5%
World rank
52nd
of 185 countries
All-time high
264.40 billion current US$
in 2024
All-time low
6.71 billion current US$
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 US$.
Analysis
The most recent figure for gross national expenditure in New Zealand is 264.40 billion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.5% on the previous year and up 32.3% over ten years.
Over the whole period, gross national expenditure in New Zealand peaked at 264.40 billion current US$ in 2024 and was at its lowest, 6.71 billion current US$, in 1970.
New Zealand ranks 52nd of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in New Zealand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 6.71 billion current US$ | — |
| 1971 | 8.00 billion current US$ | +19.2% |
| 1972 | 9.53 billion current US$ | +19.0% |
| 1973 | 13.01 billion current US$ | +36.5% |
| 1974 | 15.78 billion current US$ | +21.4% |
| 1975 | 13.89 billion current US$ | -12.0% |
| 1976 | 13.96 billion current US$ | +0.6% |
| 1977 | 15.72 billion current US$ | +12.6% |
| 1978 | 18.48 billion current US$ | +17.5% |
| 1979 | 20.90 billion current US$ | +13.1% |
| 1980 | 23.40 billion current US$ | +12.0% |
| 1981 | 24.91 billion current US$ | +6.4% |
| 1982 | 25.06 billion current US$ | +0.6% |
| 1983 | 24.77 billion current US$ | -1.2% |
| 1984 | 22.46 billion current US$ | -9.3% |
| 1985 | 25.48 billion current US$ | +13.4% |
| 1986 | 30.45 billion current US$ | +19.5% |
| 1987 | 39.43 billion current US$ | +29.5% |
| 1988 | 43.69 billion current US$ | +10.8% |
| 1989 | 43.85 billion current US$ | +0.4% |
| 1990 | 45.10 billion current US$ | +2.8% |
| 1991 | 41.18 billion current US$ | -8.7% |
| 1992 | 40.32 billion current US$ | -2.1% |
| 1993 | 45.00 billion current US$ | +11.6% |
| 1994 | 53.64 billion current US$ | +19.2% |
| 1995 | 62.72 billion current US$ | +16.9% |
| 1996 | 69.03 billion current US$ | +10.1% |
| 1997 | 65.15 billion current US$ | -5.6% |
| 1998 | 55.48 billion current US$ | -14.9% |
| 1999 | 58.47 billion current US$ | +5.4% |
| 2000 | 51.06 billion current US$ | -12.7% |
| 2001 | 51.92 billion current US$ | +1.7% |
| 2002 | 64.60 billion current US$ | +24.4% |
| 2003 | 86.69 billion current US$ | +34.2% |
| 2004 | 103.61 billion current US$ | +19.5% |
| 2005 | 116.38 billion current US$ | +12.3% |
| 2006 | 111.97 billion current US$ | -3.8% |
| 2007 | 137.02 billion current US$ | +22.4% |
| 2008 | 133.77 billion current US$ | -2.4% |
| 2009 | 118.84 billion current US$ | -11.2% |
| 2010 | 143.52 billion current US$ | +20.8% |
| 2011 | 165.85 billion current US$ | +15.6% |
| 2012 | 175.28 billion current US$ | +5.7% |
| 2013 | 187.87 billion current US$ | +7.2% |
| 2014 | 199.80 billion current US$ | +6.4% |
| 2015 | 176.34 billion current US$ | -11.7% |
| 2016 | 187.50 billion current US$ | +6.3% |
| 2017 | 204.69 billion current US$ | +9.2% |
| 2018 | 211.93 billion current US$ | +3.5% |
| 2019 | 212.71 billion current US$ | +0.4% |
| 2020 | 214.36 billion current US$ | +0.8% |
| 2021 | 263.28 billion current US$ | +22.8% |
| 2022 | 262.50 billion current US$ | -0.3% |
| 2023 | 263.05 billion current US$ | +0.2% |
| 2024 | 264.40 billion current US$ | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.60 billion current US$ | 6.71 billion current US$ | 20.90 billion current US$ | 10 |
| 1980s | 30.35 billion current US$ | 22.46 billion current US$ | 43.85 billion current US$ | 10 |
| 1990s | 53.61 billion current US$ | 40.32 billion current US$ | 69.03 billion current US$ | 10 |
| 2000s | 97.59 billion current US$ | 51.06 billion current US$ | 137.02 billion current US$ | 10 |
| 2010s | 186.55 billion current US$ | 143.52 billion current US$ | 212.71 billion current US$ | 10 |
| 2020s | 253.52 billion current US$ | 214.36 billion current US$ | 264.40 billion current US$ | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.74 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9168 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current US$), per capita 45,199 current US$ per person (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.08 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.49 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 73,604 current LCU per person (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -0.7477 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.768 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in New Zealand?
- Gross national expenditure in New Zealand was 264.40 billion current US$ 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 264.40 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in New Zealand?
- The lowest recorded value was 6.71 billion current US$ in 1970.
- How does New Zealand rank for gross national expenditure?
- New Zealand ranks 52nd out of 185 countries with data for 2024.
- Is gross national expenditure rising or falling in New Zealand?
- Over the last ten years it is up 32.3%. 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 US$). 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 indicator is expressed in United States dollars.