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 |