New Zealand: Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2024, New Zealand's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) fell 449.11 on 2023 (from 26,587 to 26,137).

Across the 30 yearly changes before that (1994 to 2023), the average change was +421.49 and a typical year strayed about 377.86 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 1,396 in 2021 and the biggest yearly fall was 1,024 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 416.69 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 29 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

• United States — 1st of 29: 51,564
• Bermuda — 2nd of 29: 40,684
• Japan — 4th of 29: 22,639
• Bahrain — 5th of 29: 20,401
• Kuwait — 6th of 29: 19,705

What this measures

This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 35 values

Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) in nearby economies

• American Samoa — 12,688 (2022)
• Australia — 29,124 (2025)
• Brunei Darussalam — 20,588 (2025)
• Cambodia — 3,964 (2025)
• China — 9,311 (2024)
• Guam — 21,095 (2022)
• Hong Kong SAR, China — 41,249 (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is New Zealand's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)?

26,137 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 77.54% from 14,722 in 1990 (1.7% a year on average, compounded). The highest value was 26,908 in 2022 and the lowest 13,605 in 1992.

How does New Zealand rank?

4th highest of 29 economies with data for 2024.

Source

World Bank, World Development Indicators, indicator NE.CON.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/al… 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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