Household final consumption expenditure rose 0.103% to USD 122,030 bil in New Zealand in 2020, according to the National Statistical Office.
Historically, household final consumption expenditure in New Zealand reached an all time high of USD 122,584 bil in 2018 and an all time low of USD 4,149 bil in 1970. When compared to New Zealand's main peers, household final consumption expenditure in Australia amounted to USD 693,025 bil, USD 624,136 bil in Indonesia, USD 205,294 bil in Malaysia and USD 271,563 bil in Philippines in 2020.
New Zealand has been ranked 47th within the group of 159 countries we follow in terms of household final consumption expenditure, 7 places above the position seen 10 years ago.
Household 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 | 757,798 | 687,636 | 737,011 | 788,237 | 751,259 | ||||||||||||||||
Cambodia | USD bil | 13,863 | 15,237 | 16,276 | 17,368 | 18,819 | ||||||||||||||||
China | USD bil | 4,178,281 | 4,344,468 | 4,744,770 | 5,352,545 | 5,604,599 | ||||||||||||||||
Indonesia | USD bil | 494,561 | 538,875 | 581,701 | 593,885 | 648,300 | ||||||||||||||||
Malaysia | USD bil | 162,617 | 165,051 | 176,762 | 206,039 | 218,271 | ||||||||||||||||
New Zealand | USD bil | 102,133 | 109,477 | 118,686 | 122,584 | 121,905 | ||||||||||||||||
Papua New Guinea | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
Philippines | USD bil | 222,090 | 231,175 | 237,103 | 251,609 | 275,859 | ||||||||||||||||
Singapore | USD bil | 114,448 | 116,248 | 120,844 | 129,818 | 133,419 | ||||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 206,044 | 206,722 | 223,299 | 247,745 | 270,761 | ||||||||||||||||
Vietnam | USD bil | 141,958 | 151,010 | 163,179 | 176,999 | 190,013 |