New Zealand - Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in New Zealand was 189,281,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 189,281,000,000 in 2020 and a minimum value of 3,704,498,000 in 1970.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 3,704,498,000
1971 4,246,000,000
1972 4,796,000,000
1973 5,510,000,000
1974 6,258,000,000
1975 7,157,000,000
1976 8,242,000,000
1977 9,235,000,000
1978 10,424,000,000
1979 12,152,000,000
1980 14,355,000,000
1981 16,878,000,000
1982 19,280,000,000
1983 20,995,000,000
1984 23,813,000,000
1985 28,149,000,000
1986 32,839,000,000
1987 37,501,000,000
1988 40,704,000,000
1989 43,544,000,000
1990 45,843,000,000
1991 45,655,000,000
1992 46,449,000,000
1993 48,424,000,000
1994 52,180,000,000
1995 55,501,000,000
1996 59,286,000,000
1997 61,675,000,000
1998 64,420,000,000
1999 66,794,000,000
2000 69,389,000,000
2001 72,751,000,000
2002 77,671,000,000
2003 82,797,000,000
2004 88,656,000,000
2005 94,636,000,000
2006 100,218,000,000
2007 105,797,000,000
2008 109,357,000,000
2009 113,015,000,000
2010 117,588,000,000
2011 124,212,000,000
2012 127,889,000,000
2013 133,880,000,000
2014 139,369,000,000
2015 146,456,000,000
2016 157,416,000,000
2017 167,457,000,000
2018 177,465,000,000
2019 185,883,000,000
2020 189,281,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts