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Final Consumption Expenditure (USD) rose 20.2% to USD 199,186 bil in New Zealand in 2021

Final Consumption Expenditure (USD) (USD bil), 2021
Economy | New Zealand | April 1, 2023
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Final consumption expenditure rose 20.2% to USD 199,186 bil in New Zealand in 2021, according to the National Statistical Office.

Historically, final consumption expenditure in New Zealand reached an all time high of USD 199,186 bil in 2021 and an all time low of USD 5,135 bil in 1970. When compared to New Zealand's main peers, final consumption expenditure in Australia amounted to USD 1,132,785 bil, USD 768,477 bil in Indonesia, USD 263,402 bil in Malaysia and USD 357,961 bil in Philippines in 2021.

New Zealand has been ranked 45th within the group of 151 countries we follow in terms of final consumption expenditure, 4 places above the position seen 10 years ago.

Final Consumption Expenditure (USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia USD bil 1,015,745 927,365 999,948 1,072,404 1,033,331
Cambodia USD bil 14,838 16,280 17,412 18,578 20,121
China USD bil 5,972,231 6,182,654 6,754,427 7,650,165 7,999,417
Indonesia USD bil 578,489 627,662 674,332 687,911 746,875
Malaysia USD bil 202,054 202,903 215,670 248,984 260,826
New Zealand USD bil 135,069 143,744 155,699 161,208 162,239
Papua New Guinea USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Philippines USD bil 255,529 267,046 274,298 293,378 322,840
Singapore USD bil 145,837 148,974 155,827 167,418 172,005
Taiwan USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand USD bil 274,751 276,437 297,678 329,707 358,761
Vietnam USD bil 167,451 177,744 191,694 207,222 222,042