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Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — New Zealand

Household consumption (% of GDP) in New Zealand in 2024 — 57%. Ranked 107 in the world out of 168. Since 1970, the indicator has fallen by 6.9 pp.

2024 57% −0.5 pp vs 2023
World rank 107of 168
Period maximum 63.9%1970
Period minimum 56.5%2001

Trend over time

1970–2024 · % of GDP

Household consumption (% of GDP) — New Zealand, 1970–2024565860626419701976198219881994200020062012201820241970: 63.9%1971: 61.9%1972: 60.9%1973: 59.9%1974: 61.9%1975: 62.8%1976: 59%1977: 59%1978: 58.8%1979: 58.7%1980: 59.6%1981: 57.5%1982: 58.1%1983: 56.8%1984: 57%1985: 58.3%1986: 56.7%1987: 57.5%1988: 58%1989: 58.7%1990: 60.2%1991: 60.1%1992: 59.3%1993: 57.3%1994: 57.6%1995: 57.7%1996: 58.6%1997: 58.8%1998: 60.3%1999: 59%2000: 57.9%2001: 56.5%2002: 57.5%2003: 57.3%2004: 57.4%2005: 58.1%2006: 58.3%2007: 56.7%2008: 57.6%2009: 58%2010: 57.7%2011: 58.2%2012: 58.6%2013: 57.4%2014: 57.3%2015: 57.2%2016: 57.8%2017: 57.3%2018: 57.7%2019: 57.1%2020: 56.8%2021: 57.5%2022: 57.6%2023: 57.5%2024: 57%
Change over the period: −6.9 pp Annual average: -0.13 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand 57%
World 56.6%
East Asia & Pacific 45.4%
Australia and New Zealand computed 52.1%
High-income countries computed 58.9%
Household consumption (% of GDP) — New Zealand, by year New Zealand All countries CSV XLSX
Year % Change, pp
2024 57 −0.5 pp
2023 57.5 −0.2 pp
2022 57.6 +0.2 pp
2021 57.5 +0.6 pp
2020 56.8 −0.2 pp
2019 57.1 −0.6 pp
2018 57.7 +0.4 pp
2017 57.3 −0.5 pp
2016 57.8 +0.6 pp
2015 57.2 −0.1 pp
2014 57.3 −0.1 pp
2013 57.4 −1.2 pp
2012 58.6 +0.4 pp
2011 58.2 +0.5 pp
2010 57.7 −0.3 pp
2009 58 +0.4 pp
2008 57.6 +0.9 pp
2007 56.7 −1.6 pp
2006 58.3 +0.2 pp
2005 58.1 +0.7 pp
2004 57.4 +0.1 pp
2003 57.3 −0.2 pp
2002 57.5 +0.9 pp
2001 56.5 −1.4 pp
2000 57.9 −1.1 pp
1999 59 −1.3 pp
1998 60.3 +1.5 pp
1997 58.8 +0.2 pp
1996 58.6 +1 pp
1995 57.7 +0.1 pp
1994 57.6 +0.3 pp
1993 57.3 −2 pp
1992 59.3 −0.8 pp
1991 60.1 −0.1 pp
1990 60.2 +1.5 pp
1989 58.7 +0.6 pp
1988 58 +0.5 pp
1987 57.5 +0.8 pp
1986 56.7 −1.7 pp
1985 58.3 +1.4 pp
1984 57 +0.2 pp
1983 56.8 −1.4 pp
1982 58.1 +0.6 pp
1981 57.5 −2 pp
1980 59.6 +0.9 pp
1979 58.7 −0.1 pp
1978 58.8 −0.2 pp
1977 59 +0 pp
1976 59 −3.8 pp
1975 62.8 +0.9 pp
1974 61.9 +2 pp
1973 59.9 −1 pp
1972 60.9 −1 pp
1971 61.9 −1.9 pp
1970 63.9 —

Australia and New Zealand, 2024

The same indicator for neighboring countries — with links to their pages

NZ New Zealand 57 AU Australia 51.4
Full table for all countries

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for New Zealand

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

New Zealand by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

New Zealand by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

New Zealand by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

New Zealand by year Economy GDP per capita

GDP divided by the population, in current US dollars.

New Zealand by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

New Zealand by year
All indicators for New Zealand