General government final consumption expenditure fell 2.67% to USD 52,084 bil in New Zealand in 2022, according to the National Statistical Office.
Historically, general government final consumption expenditure in New Zealand reached an all time high of USD 53,515 bil in 2021 and an all time low of USD 986 bil in 1970. When compared to New Zealand's main peers, general government final consumption expenditure in Australia amounted to USD 373,315 bil, USD 101,434 bil in Indonesia, USD 47,232 bil in Malaysia and USD 60,830 bil in Philippines in 2022.
New Zealand has been ranked 37th within the group of 156 countries we follow in terms of general government final consumption expenditure, 8 places above the position seen 10 years ago.
General Government Final Consumption Expenditure (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | USD bil | 285,802 | 283,717 | 290,852 | 349,062 | 373,315 | ||||||||||||||||
Cambodia | USD bil | 1,640 | 1,764 | 1,888 | 2,416 | 2,360 | ||||||||||||||||
China | USD bil | 2,381,994 | 2,497,216 | 2,639,938 | 2,976,197 | 3,052,067 | ... | |||||||||||||||
Indonesia | USD bil | 94,026 | 98,576 | 102,260 | 109,716 | 101,434 | ||||||||||||||||
Malaysia | USD bil | 42,945 | 42,555 | 43,742 | 47,235 | 47,232 | ||||||||||||||||
New Zealand | USD bil | 38,627 | 40,156 | 43,537 | 53,515 | 52,084 | ... | ... | ||||||||||||||
Papua New Guinea | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
Philippines | USD bil | 41,769 | 46,981 | 55,208 | 61,396 | 60,830 | ||||||||||||||||
Singapore | USD bil | 37,569 | 38,647 | 42,815 | 46,457 | 47,043 | ||||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 81,962 | 87,958 | 89,057 | 92,305 | 87,823 | ||||||||||||||||
Vietnam | USD bil | 30,223 | 32,028 | 32,855 | 35,127 | 36,461 | ... |