NAAG Chapter 3A: Components of aggregate demand — Final consumption in New Zealand
New Zealand: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 0.0071 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 0.0071 Percentage points, measured in 2024.
Compared with earlier readings it is down 98.9% on the previous year and down 99.6% over ten years.
Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in New Zealand peaked at 5.15 Percentage points in 1973 and was at its lowest, -2.06 Percentage points, in 1976.
New Zealand ranks 31st of 34 countries on this measure, 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 | 0.2848 Percentage points | — |
| 1972 | 4.37 Percentage points | +1435.3% |
| 1973 | 5.15 Percentage points | +17.8% |
| 1974 | 2.4 Percentage points | -53.4% |
| 1975 | -0.4573 Percentage points | -119.0% |
| 1976 | -2.06 Percentage points | +349.4% |
| 1977 | -1.92 Percentage points | -6.7% |
| 1978 | 1.05 Percentage points | -155.0% |
| 1979 | -0.277 Percentage points | -126.3% |
| 1980 | -0.1411 Percentage points | -49.0% |
| 1981 | 1.22 Percentage points | -964.0% |
| 1982 | -0.7935 Percentage points | -165.1% |
| 1983 | 1.79 Percentage points | -325.7% |
| 1984 | 2.2 Percentage points | +22.8% |
| 1985 | 0.7791 Percentage points | -64.6% |
| 1986 | 2.4 Percentage points | +208.4% |
| 1987 | 1.61 Percentage points | -33.0% |
| 1988 | 1.72 Percentage points | +6.8% |
| 1989 | 0.6261 Percentage points | -63.5% |
| 1990 | 0.3278 Percentage points | -47.6% |
| 1991 | -1.41 Percentage points | -529.1% |
| 1992 | 0.2177 Percentage points | -115.5% |
| 1993 | 2.16 Percentage points | +894.0% |
| 1994 | 3.69 Percentage points | +70.5% |
| 1995 | 2.39 Percentage points | -35.2% |
| 1996 | 2.9 Percentage points | +21.1% |
| 1997 | 1.61 Percentage points | -44.5% |
| 1998 | 1.66 Percentage points | +3.3% |
| 1999 | 1.85 Percentage points | +11.2% |
| 2000 | 0.8335 Percentage points | -54.8% |
| 2001 | 1.57 Percentage points | +87.9% |
| 2002 | 2.81 Percentage points | +79.7% |
| 2003 | 3.57 Percentage points | +26.7% |
| 2004 | 3.06 Percentage points | -14.1% |
| 2005 | 2.64 Percentage points | -13.6% |
| 2006 | 1.67 Percentage points | -36.9% |
| 2007 | 2.21 Percentage points | +32.5% |
| 2008 | -0.4525 Percentage points | -120.5% |
| 2009 | 0.8811 Percentage points | -294.7% |
| 2010 | 1.27 Percentage points | +44.3% |
| 2011 | 1.79 Percentage points | +40.6% |
| 2012 | 1.31 Percentage points | -26.5% |
| 2013 | 2.21 Percentage points | +68.3% |
| 2014 | 1.87 Percentage points | -15.3% |
| 2015 | 2.4 Percentage points | +28.1% |
| 2016 | 3.66 Percentage points | +52.5% |
| 2017 | 2.78 Percentage points | -23.9% |
| 2018 | 2.57 Percentage points | -7.6% |
| 2019 | 1.45 Percentage points | -43.5% |
| 2020 | 0.0574 Percentage points | -96.1% |
| 2021 | 3.37 Percentage points | +5765.2% |
| 2022 | 1.9 Percentage points | -43.5% |
| 2023 | 0.6369 Percentage points | -66.5% |
| 2024 | 0.0071 Percentage points | -98.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.951 Percentage points | -2.06 Percentage points | 5.15 Percentage points | 9 |
| 1980s | 1.14 Percentage points | -0.7935 Percentage points | 2.4 Percentage points | 10 |
| 1990s | 1.54 Percentage points | -1.41 Percentage points | 3.69 Percentage points | 10 |
| 2000s | 1.88 Percentage points | -0.4525 Percentage points | 3.57 Percentage points | 10 |
| 2010s | 2.13 Percentage points | 1.27 Percentage points | 3.66 Percentage points | 10 |
| 2020s | 1.19 Percentage points | 0.0071 Percentage points | 3.37 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)
- Gross capital formation (current US$), annual growth rate -2.21 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2309 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 11,415 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.7776 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3816 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 18,862 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
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 0.0071 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 5.15 Percentage points in 1973.
- What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in New Zealand?
- The lowest recorded value was -2.06 Percentage points in 1976.
- How does New Zealand rank for naag chapter 3a: components of aggregate demand — final consumption?
- New Zealand ranks 31st 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 99.6%. 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 households and NPISH 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.