New Zealand - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in New Zealand was 327,409,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 327,409,000,000 in 2020 and a minimum value of 5,995,528,000 in 1970.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1970 5,995,528,000
1971 6,935,000,000
1972 7,839,000,000
1973 9,348,000,000
1974 11,447,000,000
1975 12,294,000,000
1976 14,332,000,000
1977 15,917,000,000
1978 17,677,000,000
1979 20,868,000,000
1980 24,249,000,000
1981 29,916,000,000
1982 34,413,000,000
1983 37,688,000,000
1984 43,321,000,000
1985 49,810,000,000
1986 57,662,000,000
1987 63,707,000,000
1988 67,835,000,000
1989 74,099,000,000
1990 75,470,000,000
1991 73,185,000,000
1992 75,841,000,000
1993 81,372,000,000
1994 87,854,000,000
1995 94,433,000,000
1996 99,502,000,000
1997 103,353,000,000
1998 105,397,000,000
1999 112,662,000,000
2000 116,276,000,000
2001 124,042,000,000
2002 131,076,000,000
2003 141,950,000,000
2004 154,114,000,000
2005 165,299,000,000
2006 172,667,000,000
2007 186,448,000,000
2008 189,882,000,000
2009 189,795,000,000
2010 198,673,000,000
2011 209,725,000,000
2012 215,976,000,000
2013 229,043,000,000
2014 240,726,000,000
2015 253,052,000,000
2016 269,711,000,000
2017 289,052,000,000
2018 307,667,000,000
2019 322,395,000,000
2020 327,409,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts