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New Zealand: Household consumption

Millions of local currency · 1950–2024 · 75 observations · forecasts to 2026 · hcons

2024
244 billionlocal currency
Change on 2023
+3.2%year on year
Average growth, 2014–2024
+5.8%a year
In US dollars, 2024
$147 billionUS dollars

Household consumption

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100M1B10B100B1T19501960197019801990200020102020New ZealandNew Zealand
ForecastLocal currency

Compare with other countries →Definition of Household consumption

Recent values

Millions of local currency

YearValue
2026262,158Forecast
2025251,586Forecast
2024243,617
2023236,134
2022222,861
2021202,602
2020183,260
2019183,234
2018174,934
2017165,092
2016154,105
2015144,764

Sources

  • Penn World Table1950–2019
  • United Nations1970–2024
  • World Development Indicators1970–2024
  • OECD Economic Outlook1970–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

New Zealand documentation (PDF)

More for New Zealand

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Household consumption elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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