NAAG Chapter 3A: Components of aggregate demand — Final consumption in New Zealand
New Zealand: NAAG Chapter 3A: Components of aggregate demand — Final consumption was -0.2661 Percentage points in 2024. ◆ Volatile
NAAG Chapter 3A: Components of aggregate demand — Final consumption in New Zealand, 1971–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
The most recent figure for naag chapter 3a: components of aggregate demand — final consumption in New Zealand is -0.2661 Percentage points, measured in 2024. That is the lowest value across all 54 years on record.
The figure is down 210.3% on the previous year and down 146.6% over ten years.
Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in New Zealand peaked at 1.63 Percentage points in 2021 and was at its lowest, -0.2661 Percentage points, in 2024.
That places New Zealand 33rd out of 34 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.
NAAG Chapter 3A: Components of aggregate demand — Final consumption in New Zealand, year by year
| Year | Percentage points | Change |
|---|---|---|
| 1971 | 0.3655 Percentage points | — |
| 1972 | 0.8986 Percentage points | +145.8% |
| 1973 | 0.5968 Percentage points | -33.6% |
| 1974 | 1.2 Percentage points | +100.4% |
| 1975 | 0.7974 Percentage points | -33.3% |
| 1976 | -0.1351 Percentage points | -116.9% |
| 1977 | 0.6625 Percentage points | -590.6% |
| 1978 | 0.8138 Percentage points | +22.8% |
| 1979 | -0.2474 Percentage points | -130.4% |
| 1980 | 0.1694 Percentage points | -168.5% |
| 1981 | 0.3592 Percentage points | +112.1% |
| 1982 | 0.1071 Percentage points | -70.2% |
| 1983 | 0.522 Percentage points | +387.5% |
| 1984 | 0.3324 Percentage points | -36.3% |
| 1985 | 0.3062 Percentage points | -7.9% |
| 1986 | 0.1211 Percentage points | -60.5% |
| 1987 | 0.2315 Percentage points | +91.1% |
| 1988 | 0.0001 Percentage points | -100.0% |
| 1989 | 0.9305 Percentage points | +1259079.9% |
| 1990 | 0.1885 Percentage points | -79.7% |
| 1991 | -0.1827 Percentage points | -196.9% |
| 1992 | 0.2141 Percentage points | -217.2% |
| 1993 | 0.3034 Percentage points | +41.7% |
| 1994 | 0.5134 Percentage points | +69.2% |
| 1995 | 0.2955 Percentage points | -42.4% |
| 1996 | 0.2965 Percentage points | +0.3% |
| 1997 | 0.5562 Percentage points | +87.6% |
| 1998 | 0.5008 Percentage points | -9.9% |
| 1999 | 0.2734 Percentage points | -45.4% |
| 2000 | 0.1968 Percentage points | -28.0% |
| 2001 | 0.6719 Percentage points | +241.4% |
| 2002 | 0.2631 Percentage points | -60.8% |
| 2003 | 0.8882 Percentage points | +237.6% |
| 2004 | 0.7924 Percentage points | -10.8% |
| 2005 | 1.07 Percentage points | +34.6% |
| 2006 | 0.5025 Percentage points | -52.9% |
| 2007 | 0.8672 Percentage points | +72.6% |
| 2008 | 0.7086 Percentage points | -18.3% |
| 2009 | -0.0941 Percentage points | -113.3% |
| 2010 | 0.3973 Percentage points | -522.3% |
| 2011 | 0.317 Percentage points | -20.2% |
| 2012 | -0.0539 Percentage points | -117.0% |
| 2013 | 0.3732 Percentage points | -792.9% |
| 2014 | 0.5715 Percentage points | +53.2% |
| 2015 | 0.3852 Percentage points | -32.6% |
| 2016 | 0.3451 Percentage points | -10.4% |
| 2017 | 0.6861 Percentage points | +98.8% |
| 2018 | 0.5603 Percentage points | -18.3% |
| 2019 | 0.9918 Percentage points | +77.0% |
| 2020 | 1.32 Percentage points | +33.2% |
| 2021 | 1.63 Percentage points | +23.0% |
| 2022 | 0.5578 Percentage points | -65.7% |
| 2023 | 0.2412 Percentage points | -56.8% |
| 2024 | -0.2661 Percentage points | -210.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5498 Percentage points | -0.2474 Percentage points | 1.2 Percentage points | 9 |
| 1980s | 0.308 Percentage points | 0.0001 Percentage points | 0.9305 Percentage points | 10 |
| 1990s | 0.2959 Percentage points | -0.1827 Percentage points | 0.5562 Percentage points | 10 |
| 2000s | 0.5863 Percentage points | -0.0941 Percentage points | 1.07 Percentage points | 10 |
| 2010s | 0.4574 Percentage points | -0.0539 Percentage points | 0.9918 Percentage points | 10 |
| 2020s | 0.696 Percentage points | -0.2661 Percentage points | 1.63 Percentage points | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is naag chapter 3a: components of aggregate demand — final consumption in New Zealand?
- Naag chapter 3a: components of aggregate demand — final consumption in New Zealand was -0.2661 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3a: components of aggregate demand — final consumption recorded in New Zealand?
- The highest recorded value was 1.63 Percentage points in 2021.
- What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in New Zealand?
- The lowest recorded value was -0.2661 Percentage points in 2024.
- How does New Zealand rank for naag chapter 3a: components of aggregate demand — final consumption?
- New Zealand ranks 33rd out of 34 countries with data for 2024.
- Is naag chapter 3a: components of aggregate demand — final consumption rising or falling in New Zealand?
- Over the last ten years it is down 146.6%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.