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General Government Final Consumption Expenditure (As % of GDP) rose 5.24% to 21.7% in New Zealand in 2021

General Government Final Consumption Expenditure (As % of GDP) (%), 2021
Economy | New Zealand | May 1, 2024
$2.99
Excel Sheet

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%