The general government final consumption expenditure of New Zealand in 2022 amounted to 52 084 million USD, which is 2.67% less than in 2021, when it was 53 515 million USD. This is the first year of decline after a period of growth. Over the entire data period, since 1970, this indicator has increased in 52.80 times. The lowest government consumption expenditure in the service sector was recorded in 1970, when it was 986 million USD. The maximum value of New Zealand was in 2021, when it reached 53 515 million USD.
The general government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
General government consumption | New Zealand – yearly data, chart and table
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Primary data
Change
Per capita
Per month
Per 1000 km2 surface area
PPP
In constant 2015 dollars
In local currency (average annual exchange rate)
Percent of GDP
Percent of GNI
Percent of total consumption
Table
Chart
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Overview
Additional infomation:
About indicator
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
