Expense in New Zealand
New Zealand: Expense was 139.80 billion current LCU in 2022. ◆ Volatile
Expense in New Zealand, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in New Zealand is 139.80 billion current LCU, measured in 2022. That is the highest value across all 39 years on record.
That represents a change of up 15.9% on the previous year and up 83.5% over ten years.
Over the whole period, expense in New Zealand peaked at 139.80 billion current LCU in 2022 and was at its lowest, 2.04 billion current LCU, in 1972.
New Zealand ranks 89th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.04 billion current LCU | — |
| 1973 | 2.40 billion current LCU | +17.5% |
| 1974 | 2.80 billion current LCU | +16.6% |
| 1975 | 3.58 billion current LCU | +27.9% |
| 1976 | 3.98 billion current LCU | +11.2% |
| 1977 | 4.91 billion current LCU | +23.4% |
| 1978 | 6.06 billion current LCU | +23.4% |
| 1979 | 7.00 billion current LCU | +15.6% |
| 1980 | 8.42 billion current LCU | +20.2% |
| 1981 | 10.62 billion current LCU | +26.2% |
| 1982 | 12.36 billion current LCU | +16.4% |
| 1983 | 13.53 billion current LCU | +9.4% |
| 1984 | 15.53 billion current LCU | +14.8% |
| 1985 | 17.44 billion current LCU | +12.3% |
| 1986 | 21.71 billion current LCU | +24.5% |
| 1987 | 26.80 billion current LCU | +23.4% |
| 1988 | 27.48 billion current LCU | +2.6% |
| 2001 | 40.61 billion current LCU | +47.8% |
| 2002 | 41.54 billion current LCU | +2.3% |
| 2003 | 45.11 billion current LCU | +8.6% |
| 2004 | 47.04 billion current LCU | +4.3% |
| 2005 | 50.49 billion current LCU | +7.3% |
| 2006 | 53.98 billion current LCU | +6.9% |
| 2007 | 58.45 billion current LCU | +8.3% |
| 2008 | 61.82 billion current LCU | +5.8% |
| 2009 | 66.33 billion current LCU | +7.3% |
| 2010 | 69.61 billion current LCU | +4.9% |
| 2011 | 85.40 billion current LCU | +22.7% |
| 2012 | 76.19 billion current LCU | -10.8% |
| 2013 | 77.04 billion current LCU | +1.1% |
| 2014 | 78.53 billion current LCU | +1.9% |
| 2015 | 80.54 billion current LCU | +2.6% |
| 2016 | 83.38 billion current LCU | +3.5% |
| 2017 | 86.99 billion current LCU | +4.3% |
| 2018 | 90.95 billion current LCU | +4.5% |
| 2019 | 97.20 billion current LCU | +6.9% |
| 2020 | 119.40 billion current LCU | +22.8% |
| 2021 | 120.67 billion current LCU | +1.1% |
| 2022 | 139.80 billion current LCU | +15.9% |
New Zealand compared with similar countries
- New Zealand's 139.80 billion current LCU is above the median for high income countries, which is 134.42 billion current LCU, 1.0× the median. (57 countries reporting)
- New Zealand's 139.80 billion current LCU is above the median for East Asia & Pacific, which is 94.75 billion current LCU, 1.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.10 billion current LCU | 2.04 billion current LCU | 7.00 billion current LCU | 8 |
| 1980s | 17.10 billion current LCU | 8.42 billion current LCU | 27.48 billion current LCU | 9 |
| 2000s | 51.71 billion current LCU | 40.61 billion current LCU | 66.33 billion current LCU | 9 |
| 2010s | 82.58 billion current LCU | 69.61 billion current LCU | 97.20 billion current LCU | 10 |
| 2020s | 126.62 billion current LCU | 119.40 billion current LCU | 139.80 billion current LCU | 3 |
Countries ranked near New Zealand
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Frequently asked questions
- What is expense in New Zealand?
- Expense in New Zealand was 139.80 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in New Zealand?
- The highest recorded value was 139.80 billion current LCU in 2022.
- What is the lowest expense recorded in New Zealand?
- The lowest recorded value was 2.04 billion current LCU in 1972.
- How does New Zealand rank for expense?
- New Zealand ranks 89th out of 157 countries with data for 2022.
- Is expense rising or falling in New Zealand?
- Over the last ten years it is up 83.5%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.