General government final consumption expenditure rose 24.2% to USD 54,262 bil in New Zealand in 2021, according to the National Statistical Office.
Historically, general government final consumption expenditure in New Zealand reached an all time high of USD 54,262 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 346,275 bil, USD 108,449 bil in Indonesia, USD 47,419 bil in Malaysia and USD 61,336 bil in Philippines in 2021.
New Zealand has been ranked 35th within the group of 150 countries we follow in terms of general government final consumption expenditure, 9 places above the position seen 10 years ago.
General Government 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 | 257,947 | 239,729 | 262,937 | 284,168 | 282,073 | ||||||||||||||||
Cambodia | USD bil | 974 | 1,043 | 1,136 | 1,210 | 1,302 | ||||||||||||||||
China | USD bil | 1,793,950 | 1,838,186 | 2,009,657 | 2,297,620 | 2,394,818 | ||||||||||||||||
Indonesia | USD bil | 83,928 | 88,788 | 92,630 | 94,026 | 98,576 | ||||||||||||||||
Malaysia | USD bil | 39,437 | 37,852 | 38,908 | 42,945 | 42,554 | ||||||||||||||||
New Zealand | USD bil | 32,936 | 34,267 | 37,013 | 38,624 | 40,335 | ||||||||||||||||
Papua New Guinea | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
Philippines | USD bil | 33,438 | 35,871 | 37,195 | 41,769 | 46,981 | ||||||||||||||||
Singapore | USD bil | 31,388 | 32,726 | 34,983 | 37,600 | 38,586 | ||||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 68,707 | 69,715 | 74,379 | 81,962 | 87,999 | ||||||||||||||||
Vietnam | USD bil | 25,493 | 26,734 | 28,515 | 30,223 | 32,028 |