New Zealand: Households and NPISHs final consumption expenditure per capita (constant 2015 US$)

Key figures

What the numbers say

In 2024, New Zealand's households and NPISHs final consumption expenditure per capita (constant 2015 US$) fell US$437.92 on 2023 (from US$25,924 to US$25,486).

Across the 30 yearly changes before that (1994 to 2023), the average change was +US$410.98 and a typical year strayed about US$368.44 from that (the standard deviation). This year's change was 2.3 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was US$1,362 in 2021 and the biggest yearly fall was US$998.34 in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about US$406.3 a year. A straight line explains 86% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, New Zealand had the 4th highest value of the 30 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to New Zealand in the 2024 ranking

• Bermuda — 1st of 30: US$49,424
• United States — 2nd of 30: US$46,041
• Bahamas, The — 4th of 30: US$20,957
• Japan — 5th of 30: US$19,751
• Bahrain — 6th of 30: US$11,566

What this measures

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 55 values

Households and NPISHs final consumption expenditure per capita (constant 2015 US$) in nearby economies

• American Samoa — US$10,347 (2022)
• Australia — US$33,634 (2025)
• Brunei Darussalam — US$9,809 (2025)
• Cambodia — US$1,380 (2025)
• China — US$5,364 (2024)
• Guam — US$20,798 (2022)
• Hong Kong SAR, China — US$30,830 (2025)
• Indonesia

More economic policy & debt data for New Zealand

• Total reserves, including gold (current US$) — US$28.15 billion (2025)
• Total reserves, excluding gold (current US$) — US$28.15 billion (2025)
• GDP (current US$) — US$264.06 billion (2025)
• GDP (current LCU) — 449.8 billion (2025)
• GDP (constant 2015 US$) — US$220.1 billion (2025)
• GDP (constant LCU) — 359.52 billion (2025)
• GDP per capita (current US$) — US$49,591 (2025)
• GDP per capita (current LCU) — 84,475 (2025)
• GDP per capita (constant 2015 US$) — US$41,336 (2025)
• GDP per capita (constant LCU) — 67,519 (2025)

Reading data like this

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Questions people ask

What is New Zealand's households and NPISHs final consumption expenditure per capita (constant 2015 US$)?

US$25,486 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 108.97% from US$12,196 in 1970 (1.37% a year on average, compounded). The highest value was US$26,237 in 2022 and the lowest US$12,069 in 1971.

How does New Zealand rank?

4th highest of 30 economies with data for 2024.

Is the latest change in households and NPISHs final consumption expenditure per capita (constant 2015 US$) unusual for New Zealand?

Source

World Bank, World Development Indicators, indicator NE.CON.PRVT.PC.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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