General government final consumption expenditure as a share of GDP rose 5.24% to 21.7% in New Zealand in 2021, according to the National Statistical Office.
Historically, general government final consumption expenditure as a share of GDP in New Zealand reached an all time high of 21.7% in 2021 and an all time low of 14.5% in 1973. When compared to New Zealand's main peers, general government final consumption expenditure as a share of GDP in Australia amounted to 22.3%, 9.14% in Indonesia, 12.7% in Malaysia and 15.6% in Philippines in 2021.
New Zealand has been ranked 28th within the group of 151 countries we follow in terms of general government final consumption expenditure as a share of GDP, 12 places above the position seen 10 years ago.
General Government Final Consumption Expenditure (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | % | 19.1% | 19.9% | 19.8% | 19.9% | 20.3% | ||||||||||||||||
Cambodia | % | 5.40% | 5.21% | 5.12% | 4.93% | 4.81% | ||||||||||||||||
China | % | 16.2% | 16.4% | 16.3% | 16.5% | 16.8% | ||||||||||||||||
Indonesia | % | 9.75% | 9.53% | 9.12% | 9.02% | 8.81% | ||||||||||||||||
Malaysia | % | 13.1% | 12.6% | 12.2% | 12.0% | 11.7% | ||||||||||||||||
New Zealand | % | 18.5% | 18.1% | 17.9% | 18.2% | 18.9% | ||||||||||||||||
Papua New Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
Philippines | % | 10.9% | 11.3% | 11.3% | 12.0% | 12.5% | ||||||||||||||||
Singapore | % | 10.2% | 10.3% | 10.2% | 9.97% | 10.3% | ||||||||||||||||
Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 17.1% | 16.9% | 16.3% | 16.2% | 16.2% | ||||||||||||||||
Vietnam | % | 10.7% | 10.4% | 10.1% | 9.75% | 9.58% |