New Zealand Private Consumption: % of GDP
Key information about New Zealand Private Consumption: % of GDP
- New Zealand Private Consumption accounted for 57.3 % of its Nominal GDP in Dec 2025, compared with a ratio of 58.9 % in the previous quarter.
- New Zealand Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Jun 1987 to Dec 2025, with an average share of 61.6 %.
- 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 0.0 % YoY in Jun 2025.
- Its Nominal GDP reached 65.7 USD bn in Jun 2025.
- New Zealand GDP Per Capita reached 48,293.4 USD in Mar 2025.
- Its Gross Savings Rate was measured at 20.7 % in Jun 2025.
View New Zealand's Private Consumption: % of GDP from Jun 1987 to Dec 2025 in the chart:
What was New Zealand's Private Consumption: % of GDP in Dec 2025?
New Zealand Private Consumption accounted for 57.3 % of its Nominal GDP in Dec 2025, compared with a ratio of 58.9 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 57.3 Dec 2025 | 58.9 Sep 2025 | 52.4 Mar 2002 | 64.4 Sep 1998 | % | quarterly | Jun 1987 - Dec 2025 |
Private Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 70.4 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Algeria (%) | 41.3 2024 | yearly | 1950 - 2024 |
| Argentina (%) | 78.4 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Armenia (%) | 74.4 Jun 2026 | quarterly | Dec 1994 - Jun 2026 |
| Australia (%) | 51.6 Jun 2026 | quarterly | Sep 1959 - Jun 2026 |
| Austria (%) | 53.1 Jun 2026 | quarterly | Mar 1988 - Jun 2026 |
| Azerbaijan (%) | 57.9 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Bahrain (%) | 40.9 2025 | yearly | 1975 - 2025 |
| Bangladesh (%) | 72.2 2025 | yearly | 1973 - 2025 |
| Belarus (%) | 58.9 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Belgium (%) | 52.5 Jun 2026 | quarterly | Mar 1980 - Jun 2026 |
| Bolivia (%) | 79.6 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | 69.1 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Botswana (%) | 40.4 Mar 2026 | quarterly | Mar 2006 - Mar 2026 |
| Brazil (%) | 61.7 Jun 2026 | quarterly | Mar 1996 - Jun 2026 |
| Brunei (%) | 33.1 Mar 2026 | quarterly | Mar 2004 - Mar 2026 |
| Bulgaria (%) | 56.7 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Cambodia (%) | 58.3 2025 | yearly | 1993 - 2025 |
| Canada (%) | 56.9 Jun 2026 | quarterly | Mar 1961 - Jun 2026 |
| Chile (%) | 58.5 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| China (%) | 40.0 2024 | yearly | 1952 - 2024 |
| Colombia (%) | 74.1 Jun 2026 | quarterly | Mar 2005 - Jun 2026 |
| Croatia (%) | 56.3 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Cyprus (%) | 60.0 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Czech Republic (%) | 46.7 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Denmark (%) | 43.2 Jun 2026 | quarterly | Mar 1990 - Jun 2026 |
| Ecuador (%) | 64.1 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Egypt (%) | 93.4 Mar 2026 | quarterly | Sep 2001 - Mar 2026 |
| Estonia (%) | 51.7 Jun 2026 | quarterly | Mar 1993 - Jun 2026 |
| European Union (%) | 52.9 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Finland (%) | 50.5 Jun 2026 | quarterly | Mar 1975 - Jun 2026 |
| France (%) | 53.4 Jun 2026 | quarterly | Mar 1980 - Jun 2026 |
| Georgia (%) | 75.4 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| Germany (%) | 54.1 Jun 2026 | quarterly | Mar 1991 - Jun 2026 |
| Ghana (%) | 79.7 2025 | yearly | 2006 - 2025 |
| Greece (%) | 69.9 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Hong Kong SAR, China (%) | 69.2 Jun 2026 | quarterly | Mar 1973 - Jun 2026 |
| Hungary (%) | 53.0 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Iceland (%) | 51.2 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| India (%) | 55.6 Jun 2026 | quarterly | Jun 1996 - Jun 2026 |
| Indonesia (%) | 54.7 Jun 2026 | quarterly | Mar 1993 - Jun 2026 |
| Iran (%) | 55.2 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Ireland (%) | 29.0 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Israel (%) | 47.2 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Italy (%) | 58.7 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Ivory Coast (%) | 66.5 2025 | yearly | 1960 - 2025 |
| Japan (%) | 52.5 Jun 2026 | quarterly | Mar 1955 - Jun 2026 |
| Jordan (%) | 73.6 2023 | yearly | 1962 - 2023 |
| Kazakhstan (%) | 54.6 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Kenya (%) | 76.3 2025 | yearly | 1969 - 2025 |
| South Korea (%) | 39.8 Jun 2026 | quarterly | Mar 1960 - Jun 2026 |
| Kosovo (%) | 88.2 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Kuwait (%) | 41.6 2024 | yearly | 1962 - 2024 |
| Kyrgyzstan (%) | 103.2 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 56.3 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Lebanon (%) | 110.7 2024 | yearly | 2004 - 2024 |
| Lithuania (%) | 53.3 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Luxembourg (%) | 33.8 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Macau SAR, China (%) | 30.5 Jun 2026 | quarterly | Mar 1998 - Jun 2026 |
| North Macedonia (%) | 68.5 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Malawi (%) | 84.1 2025 | yearly | 1960 - 2025 |
| Malaysia (%) | 58.6 Jun 2026 | quarterly | Mar 1991 - Jun 2026 |
| Malta (%) | 44.3 Jun 2026 | quarterly | Mar 1992 - Jun 2026 |
| Mauritius (%) | 65.2 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Mexico (%) | 69.1 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Moldova (%) | 92.5 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Mongolia (%) | 40.0 Jun 2026 | quarterly | Mar 2010 - Jun 2026 |
| Montenegro (%) | 82.1 Jun 2026 | quarterly | Mar 2006 - Jun 2026 |
| Morocco (%) | 57.5 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Mozambique (%) | 73.9 2025 | yearly | 1969 - 2025 |
| Nepal (%) | 86.2 2025 | yearly | 1975 - 2025 |
| Netherlands (%) | 42.5 Jun 2026 | quarterly | Mar 1977 - Jun 2026 |
| New Zealand (%) | 57.3 Dec 2025 | quarterly | Jun 1987 - Dec 2025 |
| Nigeria (%) | 47.0 2024 | yearly | 1981 - 2024 |
| Norway (%) | 41.4 Jun 2026 | quarterly | Mar 1978 - Jun 2026 |
| Oman (%) | 40.1 2025 | yearly | 1980 - 2025 |
| Pakistan (%) | 83.6 2025 | yearly | 1967 - 2025 |
| Palestinian Territory (%) | 98.5 Mar 2026 | quarterly | Mar 2011 - Mar 2026 |
| Panama (%) | 47.3 2023 | yearly | 1996 - 2023 |
| Paraguay (%) | 64.4 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Peru (%) | 61.4 Jun 2026 | quarterly | Mar 1980 - Jun 2026 |
| Philippines (%) | 73.3 Jun 2026 | quarterly | Mar 1981 - Jun 2026 |
| Poland (%) | 59.9 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Portugal (%) | 61.3 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 59.0 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| Russia (%) | 56.8 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Saudi Arabia (%) | 45.8 Jun 2026 | quarterly | Mar 2003 - Jun 2026 |
| Serbia (%) | 66.4 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Singapore (%) | 31.1 2025 | yearly | 1960 - 2025 |
| Slovakia (%) | 58.5 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Slovenia (%) | 50.3 Jun 2026 | quarterly | Mar 1995 - Jun 2026 |
| South Africa (%) | 66.0 Jun 2026 | quarterly | Mar 1960 - Jun 2026 |
| Spain (%) | 55.1 Jun 2026 | quarterly | Mar 1980 - Jun 2026 |
| Sri Lanka (%) | 66.7 Mar 2026 | quarterly | Mar 2010 - Mar 2026 |
| Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
| Sweden (%) | 46.3 Jun 2026 | quarterly | Mar 1980 - Jun 2026 |
| Switzerland (%) | 47.7 Jun 2026 | quarterly | Mar 1980 - Jun 2026 |
| Syria (%) | 114.8 2022 | yearly | 1970 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Mar 2026 | quarterly | Dec 1999 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -4,697.177 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Tax Revenue (USD mn) | 81,870.465 2026 | yearly | 1999 - 2026 |
| Tax Revenue: % of GDP (%) | 30.5 2025 | yearly | 1999 - 2025 |
| National Government Debt (USD mn) | 130,325.2 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Government Debt: % of GDP (%) | 49.4 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Forecast: Government Expenditure (NZD bn) | 216.921 2031 | yearly | 1985 - 2031 |
| Forecast: Government Net Debt (NZD bn) | 317.093 2031 | yearly | 1985 - 2031 |
| Forecast: Government Revenue (NZD bn) | 213.303 2031 | yearly | 1985 - 2031 |
| General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn) | 228,240.211 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| General Government: ytd: Borrowings (NZD mn) | 295,081.000 Mar 2026 | quarterly | Jun 2002 - Mar 2026 |
| General Government: ytd: Expenses (NZD mn) | 132,721.000 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| General Government: ytd: Revenue (NZD mn) | 124,762.000 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.679 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | -1,127.2 Jul 2026 | monthly | Jan 1960 - Jul 2026 |
| Total Exports (USD mn) | 4,275.9 Jul 2026 | monthly | Jan 1957 - Jul 2026 |
| Total Exports Growth (%) | 13.5 Jul 2026 | monthly | Jan 1952 - Jul 2026 |
| Aluminum: Exports (USD th) | 748,011.388 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 152,415.482 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 264,066.535 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 5,403.1 Jul 2026 | monthly | Jan 1960 - Jul 2026 |
| Total Imports Growth (%) | 28.4 Jul 2026 | monthly | Jan 1961 - Jul 2026 |
| Imports: Medicament (USD th) | 1,026,474.302 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 472,882.012 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 562.615 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Total Imports from USA (USD mn) | 425.680 Jul 2026 | monthly | Jan 1981 - Jul 2026 |
| Total Exports to China (USD mn) | 1,038.945 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Total Imports from China (USD mn) | 1,081.908 Jul 2026 | monthly | Jul 1982 - Jul 2026 |
| Import Volume Index (Jun2002=1000) | 2,587.000 Jun 2026 | quarterly | Mar 1949 - Jun 2026 |
| Import Volume Index: sa (Jun2002=1000) | 2,754.000 Jun 2026 | quarterly | Jun 1990 - Jun 2026 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,746.000 Jun 2026 | quarterly | Mar 1951 - Jun 2026 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,587.000 Jun 2026 | quarterly | Jun 1990 - Jun 2026 |
| Exports: fob: Australia (NZD mn) | 918.454 Jul 2026 | monthly | Jan 1988 - Jul 2026 |
| Exports: fob: United States (NZD mn) | 972.541 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Exports: fob: Japan (NZD mn) | 403.765 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Exports: fob: China (NZD mn) | 1,600.004 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Exports: fob: United Kingdom (NZD mn) | 236.086 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Exports: fob: Australia: sa (NZD mn) | 921.841 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Exports: fob: China: sa (NZD mn) | 1,795.928 Jul 2026 | monthly | Jul 1981 - Jul 2026 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 18.223 Jul 2026 | monthly | Jan 2002 - Jul 2026 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 385.455 Jul 2026 | monthly | Jan 2002 - Jul 2026 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 705.160 Jul 2026 | monthly | Jan 2002 - Jul 2026 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,500.260 Jul 2026 | monthly | Jan 2002 - Jul 2026 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 557.291 Jul 2026 | monthly | Jan 2002 - Jul 2026 |
| Term Trade Index (Jun2002=1000) | 1,421.000 Jun 2026 | quarterly | Mar 1957 - Jun 2026 |
| Export Value Index (2015=100) | 123.100 2024 | yearly | 2005 - 2024 |
| Import Value Index (2015=100) | 128.200 2024 | yearly | 2005 - 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.1 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Money Supply M1 (USD mn) | 81,347.135 Jul 2026 | monthly | Dec 2016 - Jul 2026 |
| Money Supply M2 (USD mn) | 269,546.271 Jul 2026 | monthly | Mar 1988 - Jul 2026 |
| M2 Growth (%) | 4.3 Jul 2026 | monthly | Mar 1989 - Jul 2026 |
| Foreign Exchange Reserves (USD mn) | 26,658.0 Jul 2026 | monthly | Sep 2005 - Jul 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 9.623 Dec 2025 | quarterly | Sep 2005 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.9 Jul 2026 | monthly | Sep 2005 - Jul 2026 |
| Gold Reserves (USD mn) | 0.000 Jun 2026 | monthly | Dec 1950 - Jun 2026 |
| Total Deposits (USD mn) | 293,727.774 Jul 2026 | monthly | Dec 2016 - Jul 2026 |
| Total Deposits Growth (%) | 4.4 Jul 2026 | monthly | Dec 2017 - Jul 2026 |
| Domestic Credit (USD mn) | 377,620.5 Jul 2026 | monthly | Mar 1988 - Jul 2026 |
| Domestic Credit Growth (%) | 3.5 Jul 2026 | monthly | Mar 1989 - Jul 2026 |
| Credit to Households (USD bn) | 233.633 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 413.335 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Household Debt (USD mn) | 244,783.3 Jul 2026 | monthly | Dec 1990 - Jul 2026 |
| Total Loans (USD mn) | 362,208.718 Jul 2026 | monthly | Dec 2016 - Jul 2026 |
| Total Loans Growth (%) | 5.09 Jul 2026 | monthly | Dec 2017 - Jul 2026 |
| Private Debt: % of Nominal GDP (%) | 136.85 Dec 2025 | quarterly | Mar 1988 - Dec 2025 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 138,369.000 Jul 2026 | monthly | Dec 2016 - Jul 2026 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 458,490.000 Jul 2026 | monthly | Mar 1988 - Jul 2026 |
| Depository Corp: Domestic Credit (NZD mn) | 642,321.000 Jul 2026 | monthly | Mar 1988 - Jul 2026 |
| Official Reserve Assets (NZD mn) | 51,134.996 Jul 2026 | monthly | Sep 2005 - Jul 2026 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 37,202.965 Jul 2026 | monthly | Sep 2005 - Jul 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 10.2 Oct 2025 | monthly | Aug 2003 - Oct 2025 |
| House Price Inflation: Net Percent Expecting (%) | 82.000 Sep 2026 | quarterly | Mar 2022 - Sep 2026 |
| House Price Inflation: Net Percent Expecting Higher (%) | -15.100 Sep 2026 | quarterly | Mar 2022 - Sep 2026 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 65.300 Aug 2026 | monthly | Feb 1991 - Aug 2026 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 53.700 Aug 2026 | monthly | Feb 1991 - Aug 2026 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 63.000 Aug 2026 | monthly | Feb 1991 - Aug 2026 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 48.100 Aug 2026 | monthly | Feb 1991 - Aug 2026 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 50.900 Aug 2026 | monthly | Feb 1991 - Aug 2026 |
| Performance Manufacturing Index (NA) | 52.862 Jul 2026 | monthly | Aug 2002 - Jul 2026 |
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