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New ZealandGovernment Consumption (% of GDP)

Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #46 of 178Series years: 20002024
Latest Value
21.1%
2024
YoY Change
+0.0%
20232024
Global Rank
#46
of 178 countries
Maximum
21.1%
2021
Minimum
16.8%
2002
CAGR
+0.9%
25 years
Last
21.1%
Previous
21.1%
Highest
21.1%
Lowest
16.8%
Unit
% of GDP
Source
World Bank World Development Indicators

New Zealand's government consumption (% of GDP) was 21.1% in 2024, ranking #46 out of 178 countries. This represents a +0.0% change from 2023. Over the past 25 years, the highest recorded value was 21.1% (2021) and the lowest was 16.8% (2002). Data sourced from the World Bank World Development Indicators.

New Zealand — Government Consumption (% of GDP): 21.0584298060055 % of GDP for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202421.1%+0.0%
202321.1%-0.1%
202221.1%-0.0%
202121.1%+3.4%
202020.4%+8.3%
201918.8%+3.3%
201818.2%+1.6%
201717.9%-1.2%
201618.1%-1.9%
201518.5%-1.4%
201418.8%+0.1%
201318.7%-3.1%
201219.4%-1.1%
201119.6%-0.4%
201019.7%-0.4%
200919.7%-0.0%
200819.7%+7.1%
200718.4%+0.4%
200618.4%+2.3%
200517.9%+5.1%
200417.1%+1.6%
200316.8%+0.3%
200216.8%-0.8%
200116.9%-1.1%
200017.1%

Top Countries — Government Consumption (% of GDP)

#CountryValueYear
1Timor-Leste60.6%2024
2Kiribati59.0%2024
3Marshall Islands54.5%2024
4Greenland41.7%2023
5Ukraine38.9%2025
6Palau38.3%2024
7Lesotho36.4%2025
8Virgin Islands (U.S.)34.4%2022
9Equatorial Guinea32.4%2025
10Libya32.3%2025
View all 178 countries →

About This Indicator

Definition

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. 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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 20002024View original source →