New Zealand Public Consumption: % of GDP
1987 - 2024 | Quarterly | % | CEIC Data
Key information about New Zealand Public Consumption: % of GDP
- New Zealand Public Consumption accounted for 22.1 % of its Nominal GDP in Sep 2024, compared with a share of 23.2 % in the previous quarter.
- New Zealand Public Consumption share of Nominal GDP ratio is updated quarterly, available from Jun 1987 to Sep 2024, with an average number of 18.2 %.
- The data reached an all-time high of 23.2 % in Jun 2024 and a record low of 15.7 % in Dec 2001.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Stats NZ provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.
Related information about New Zealand Public Consumption: % of GDP
- In the latest reports, New Zealand GDP expanded 1.8 % YoY in Mar 2023.
- New Zealand Nominal GDP reached 62.0 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 5.6 % in Mar 2023.
- New Zealand GDP Per Capita reached 48,249.3 USD in Mar 2024.
- Its Gross Savings Rate was measured at 22.8 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 24.5 % in Sep 2024.
- Private Consumption accounted for 59.9 % in Sep 2024.
View New Zealand's Public Consumption: % of GDP from Jun 1987 to Sep 2024 in the chart:
What was New Zealand's Public Consumption: % of GDP in Sep 2024?
New Zealand Public Consumption accounted for 22.1 % of its Nominal GDP in Sep 2024, compared with a share of 23.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 22.1 Sep 2024 | 23.2 Jun 2024 | 15.7 Dec 2001 | 23.2 Jun 2024 | % | quarterly | Jun 1987 - Sep 2024 |
Public Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 14.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 11.4 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 22.7 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
| Azerbaijan (%) | 12.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Bahrain (%) | 14.6 2023 | yearly | 1975 - 2023 |
| Bangladesh (%) | 5.9 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 16.3 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Belgium (%) | 24.1 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Bolivia (%) | 19.4 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Bosnia and Herzegovina (%) | 17.1 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Botswana (%) | 33.6 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Brazil (%) | 21.4 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.6 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 14.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 16.5 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 17.9 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Croatia (%) | 26.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Cyprus (%) | 22.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 22.5 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Ecuador (%) | 13.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Egypt (%) | 4.9 Sep 2024 | quarterly | Sep 2001 - Sep 2024 |
| Estonia (%) | 21.6 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| European Union (%) | 22.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
| France (%) | 24.2 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Georgia (%) | 12.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (%) | 23.4 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Iceland (%) | 26.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| India (%) | 8.7 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 10.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Israel (%) | 24.9 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Italy (%) | 20.6 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
| South Korea (%) | 16.4 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 22.9 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 20.6 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Luxembourg (%) | 19.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Macau SAR, China (%) | 14.8 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
| North Macedonia (%) | 16.9 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 14.4 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Malta (%) | 19.8 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Mauritius (%) | 14.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mexico (%) | 11.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | 18.9 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (%) | 17.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
| Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| New Zealand (%) | 22.1 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
| Norway (%) | 21.8 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Oman (%) | 19.1 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 8.5 2024 | yearly | 1960 - 2024 |
| Palestinian Territory (%) | 21.7 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 13.0 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Peru (%) | 14.7 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 21.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (%) | 26.3 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Serbia (%) | 18.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Singapore (%) | 10.6 2024 | yearly | 1960 - 2024 |
| Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Slovenia (%) | 20.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| South Africa (%) | 19.1 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Sudan (%) | 17.4 2023 | yearly | 1960 - 2023 |
| Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Switzerland (%) | 11.6 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.0 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -151.235 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Tax Revenue (USD mn) | 80,859.209 2024 | yearly | 1999 - 2024 |
| Tax Revenue: % of GDP (%) | 30.2 2023 | yearly | 1999 - 2023 |
| National Government Debt (USD mn) | 111,415.6 Dec 2024 | quarterly | Dec 2006 - Dec 2024 |
| Government Debt: % of GDP (%) | 44.3 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Forecast: Government Expenditure (NZD bn) | 194.423 2029 | yearly | 1985 - 2029 |
| Forecast: Government Net Debt (NZD bn) | 236.804 2029 | yearly | 1985 - 2029 |
| Forecast: Government Revenue (NZD bn) | 195.599 2029 | yearly | 1985 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.471 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | -273.5 Jan 2025 | monthly | Jan 1960 - Jan 2025 |
| Total Exports (USD mn) | 3,486.6 Jan 2025 | monthly | Jan 1957 - Jan 2025 |
| Total Exports Growth (%) | 28.3 Jan 2025 | monthly | Jan 1952 - Jan 2025 |
| Aluminum: Exports (USD th) | 796,821.124 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 133,163.766 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 279,372.038 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 3,760.2 Jan 2025 | monthly | Jan 1960 - Jan 2025 |
| Total Imports Growth (%) | 13.4 Jan 2025 | monthly | Jan 1961 - Jan 2025 |
| Imports: Medicament (USD th) | 1,071,353.476 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 469,470.056 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 419.218 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Total Imports from USA (USD mn) | 415.389 Jan 2025 | monthly | Jan 1981 - Jan 2025 |
| Total Exports to China (USD mn) | 1,049.425 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Total Imports from China (USD mn) | 790.477 Jan 2025 | monthly | Jul 1982 - Jan 2025 |
| Term Trade Index (Jun2002=1000) | 1,476.000 Dec 2024 | quarterly | Mar 1957 - Dec 2024 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 568.228 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 38.565 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 236.566 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,121.955 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 339.821 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Exports: fob: China (NZD mn) | 1,782.288 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Exports: fob: United States (NZD mn) | 744.218 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Exports: fob: Japan (NZD mn) | 262.997 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Exports: fob: Australia (NZD mn) | 670.162 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Exports: fob: United Kingdom (NZD mn) | 132.621 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Exports: fob: Australia: sa (NZD mn) | 805.745 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Exports: fob: China: sa (NZD mn) | 1,862.996 Jan 2025 | monthly | Jul 1981 - Jan 2025 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,471.000 Dec 2024 | quarterly | Mar 1951 - Dec 2024 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,435.000 Dec 2024 | quarterly | Jun 1990 - Dec 2024 |
| Import Volume Index: sa (Jun2002=1000) | 2,606.000 Dec 2024 | quarterly | Jun 1990 - Dec 2024 |
| Import Volume Index (Jun2002=1000) | 2,725.000 Dec 2024 | quarterly | Mar 1949 - Dec 2024 |
| Export Value Index (2015=100) | 130.280 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 136.389 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 89.9 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
| Money Supply M1 (USD mn) | 67,705.960 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
| Money Supply M2 (USD mn) | 242,023.033 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
| M2 Growth (%) | 4.6 Jan 2025 | monthly | Mar 1989 - Jan 2025 |
| Foreign Exchange Reserves (USD mn) | 23,546.0 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 6.453 Sep 2024 | quarterly | Sep 2005 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.2 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Jan 2025 | monthly | Dec 1950 - Jan 2025 |
| Total Deposits (USD mn) | 265,858.106 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
| Total Deposits Growth (%) | 5.2 Jan 2025 | monthly | Dec 2017 - Jan 2025 |
| Domestic Credit (USD mn) | 344,109.9 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
| Domestic Credit Growth (%) | 2.0 Jan 2025 | monthly | Mar 1989 - Jan 2025 |
| Credit to Households (USD bn) | 228.714 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 405.766 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
| Household Debt (USD mn) | 218,452.7 Jan 2025 | monthly | Dec 1990 - Jan 2025 |
| Total Loans (USD mn) | 326,720.523 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
| Total Loans Growth (%) | 3.34 Jan 2025 | monthly | Dec 2017 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 136.01 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 426,999.000 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 119,453.000 Jan 2025 | monthly | Dec 2016 - Jan 2025 |
| Depository Corp: Domestic Credit (NZD mn) | 607,110.000 Jan 2025 | monthly | Mar 1988 - Jan 2025 |
| Official Reserve Assets (NZD mn) | 47,313.777 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 33,868.526 Jan 2025 | monthly | Sep 2005 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| House Price Inflation: Net Percent Expecting (%) | 72.100 Mar 2025 | quarterly | Mar 2022 - Mar 2025 |
| House Price Inflation: Net Percent Expecting Higher (%) | -34.300 Mar 2025 | quarterly | Mar 2022 - Mar 2025 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 54.400 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 58.400 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 58.500 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 65.800 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 60.800 Feb 2025 | monthly | Feb 1991 - Feb 2025 |
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