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New Zealand: Household consumption (% of GDP)

Percent of GDP · 1950–2024 · 75 observations · forecasts to 2026 · hcons_GDP

2024
57.9%percent of GDP
Change on 2023
−0.4 pointsfrom 58.3%
Average, 2015–2024
57.7%10 years
Record high and low
68.0% (1957)low 56.4% (1983)

Household consumption (% of GDP)

Report error
56%58%60%62%64%66%68%70%19501960197019801990200020102020New ZealandNew Zealand
ForecastPercent of GDP

Compare with other countries →Definition of Household consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202657.3Forecast
202557.3Forecast
202457.9
202358.3
202258.5
202157.4
202056.7
201957.3
201857.8
201757.6
201657.8
201557.5

Sources

This series is derived from other GMD variables.

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 (% of GDP) 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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