New Zealand Private Consumption: % of GDP

Key information about New Zealand Private Consumption: % of GDP

• New Zealand Private Consumption accounted for 59.9 % of its Nominal GDP in Sep 2024, compared with a ratio of 57.1 % in the previous quarter.
• New Zealand Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Jun 1987 to Sep 2024, with an average share of 57.8 %.
• The data reached an all-time high of 64.4 % in Sep 1998 and a record low of 52.4 % in Mar 2002.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Stats NZ provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about New Zealand Private Consumption: % of GDP

• In the latest reports, New Zealand GDP expanded 1.8 % YoY in Mar 2023.
• Its Nominal GDP reached 62.0 USD bn in Mar 2023.
• New Zealand GDP Per Capita reached 48,249.3 USD in Mar 2024.
• Its Gross Savings Rate was measured at 22.8 % in Mar 2023.

View New Zealand's Private Consumption: % of GDP from Jun 1987 to Sep 2024 in the chart:

What was New Zealand's Private Consumption: % of GDP in Sep 2024?

New Zealand Private Consumption accounted for 59.9 % of its Nominal GDP in Sep 2024, compared with a ratio of 57.1 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
59.9 Sep 2024	57.1 Jun 2024	52.4 Mar 2002	64.4 Sep 1998	%	quarterly	Jun 1987 - Sep 2024

Private Consumption: % of GDP by Country Comparison

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