Gross national expenditure deflator in New Zealand

New Zealand: Gross national expenditure deflator was 122.13 base year varies by country in 2024. ◆ Volatile

Latest (2024)
122.13 base year varies by country
Change on year
up 2.8%
World rank
115th
of 169 countries
All-time high
122.13 base year varies by country
in 2024
All-time low
6.86 base year varies by country
in 1970
Years of data
55
1970–2024

Gross national expenditure deflator in New Zealand, 1970–2024

0255075100125197019972024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in base year varies by country.

Analysis

In 2024, gross national expenditure deflator in New Zealand stood at 122.13 base year varies by country. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 2.8% on the previous year and up 35.7% over ten years.

Over the whole period, gross national expenditure deflator in New Zealand peaked at 122.13 base year varies by country in 2024 and was at its lowest, 6.86 base year varies by country, in 1970.

New Zealand ranks 115th of 169 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 deflator in New Zealand, year by year

Annual values for Gross national expenditure deflator (base year varies by country) in New Zealand, 1970 to 2024.
Year base year varies by country Change
1970 6.86 base year varies by country
1971 7.78 base year varies by country +13.4%
1972 8.25 base year varies by country +6.1%
1973 8.78 base year varies by country +6.4%
1974 9.87 base year varies by country +12.4%
1975 11.51 base year varies by country +16.7%
1976 13.6 base year varies by country +18.1%
1977 15.66 base year varies by country +15.1%
1978 17.51 base year varies by country +11.8%
1979 20.38 base year varies by country +16.4%
1980 23.99 base year varies by country +17.7%
1981 28.18 base year varies by country +17.5%
1982 32.21 base year varies by country +14.3%
1983 34.08 base year varies by country +5.8%
1984 37.21 base year varies by country +9.2%
1985 42.69 base year varies by country +14.7%
1986 48.4 base year varies by country +13.4%
1987 52.94 base year varies by country +9.4%
1988 55.39 base year varies by country +4.6%
1989 57.97 base year varies by country +4.7%
1990 59.71 base year varies by country +3.0%
1991 60.65 base year varies by country +1.6%
1992 61.7 base year varies by country +1.7%
1993 62.42 base year varies by country +1.2%
1994 63.31 base year varies by country +1.4%
1995 64.81 base year varies by country +2.4%
1996 65.74 base year varies by country +1.4%
1997 66.65 base year varies by country +1.4%
1998 67.26 base year varies by country +0.9%
1999 68.24 base year varies by country +1.5%
2000 69.84 base year varies by country +2.3%
2001 71.46 base year varies by country +2.3%
2002 72.04 base year varies by country +0.8%
2003 72.39 base year varies by country +0.5%
2004 74.08 base year varies by country +2.3%
2005 75.75 base year varies by country +2.3%
2006 78.3 base year varies by country +3.4%
2007 79.95 base year varies by country +2.1%
2008 82.82 base year varies by country +3.6%
2009 84.76 base year varies by country +2.4%
2010 85.99 base year varies by country +1.4%
2011 87.31 base year varies by country +1.5%
2012 88.01 base year varies by country +0.8%
2013 89.42 base year varies by country +1.6%
2014 89.98 base year varies by country +0.6%
2015 91.48 base year varies by country +1.7%
2016 92.96 base year varies by country +1.6%
2017 94.39 base year varies by country +1.5%
2018 96.26 base year varies by country +2.0%
2019 98.65 base year varies by country +2.5%
2020 100 base year varies by country +1.4%
2021 104.97 base year varies by country +5.0%
2022 113.12 base year varies by country +7.8%
2023 118.8 base year varies by country +5.0%
2024 122.13 base year varies by country +2.8%

New Zealand compared with similar countries

  • New Zealand's 122.13 base year varies by country is below the median for high income countries, which is 122.14 base year varies by country, 100% of the median. (58 countries reporting)
  • New Zealand's 122.13 base year varies by country is above the median for East Asia & Pacific, which is 120.74 base year varies by country, 1.0× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.02 base year varies by country 6.86 base year varies by country 20.38 base year varies by country 10
1980s 41.31 base year varies by country 23.99 base year varies by country 57.97 base year varies by country 10
1990s 64.05 base year varies by country 59.71 base year varies by country 68.24 base year varies by country 10
2000s 76.14 base year varies by country 69.84 base year varies by country 84.76 base year varies by country 10
2010s 91.44 base year varies by country 85.99 base year varies by country 98.65 base year varies by country 10
2020s 111.8 base year varies by country 100 base year varies by country 122.13 base year varies by country 5

Countries ranked near New Zealand

  1. 112 United Kingdom of Great Britain and Northern Ireland 122.39 base year varies by country compare
  2. 113 Sweden 122.37 base year varies by country compare
  3. 114 Bermuda 122.14 base year varies by country compare
  4. 116 Malta 121.59 base year varies by country compare
  5. 117 Norway 121.48 base year varies by country compare
  6. 118 Canada 121.23 base year varies by country compare

See the full ranking of 169 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is gross national expenditure deflator in New Zealand?
Gross national expenditure deflator in New Zealand was 122.13 base year varies by country in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross national expenditure deflator recorded in New Zealand?
The highest recorded value was 122.13 base year varies by country in 2024.
What is the lowest gross national expenditure deflator recorded in New Zealand?
The lowest recorded value was 6.86 base year varies by country in 1970.
How does New Zealand rank for gross national expenditure deflator?
New Zealand ranks 115th out of 169 countries with data for 2024.
Is gross national expenditure deflator rising or falling in New Zealand?
Over the last ten years it is up 35.7%. 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 Offices (NSOs), published as part of Gross national expenditure deflator (base year varies by country). Statizoid updates them automatically from the source API.

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Gross national expenditure deflator in New Zealand. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 13 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-deflator-base-year-varies-by-country/new-zealand/

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About this data

Indicator
Gross national expenditure deflator (base year varies by country)
Unit
base year varies by country
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 6,903 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.