Gross national expenditure (current US$) in New Zealand
New Zealand: Gross national expenditure (current US$) 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 186 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$, in 1970.
New Zealand ranks 52nd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) 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% |
New Zealand compared with similar countries
- New Zealand's 264.40 billion current US$ is above the median for high income countries, which is 195.11 billion current US$, 1.4× the median. (66 countries reporting)
- New Zealand's 264.40 billion current US$ is above the median for East Asia & Pacific, which is 24.74 billion current US$, 10.7× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.60 billion current US$ | 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)
- 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 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 186 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.