Annual household final consumption expenditure of durable goods and in New Zealand
New Zealand: Annual household final consumption expenditure of durable goods and was 122.05 Index in 2024. ▲ Rising
Annual household final consumption expenditure of durable goods and in New Zealand, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
New Zealand recorded 122.05 Index for annual household final consumption expenditure of durable goods and in 2024. That is the highest value across all 38 years on record.
That represents a change of up 4.3% on the previous year and up 37.2% over ten years.
Over the whole period, annual household final consumption expenditure of durable goods and in New Zealand peaked at 122.05 Index in 2024 and was at its lowest, 45.66 Index, in 1987.
That places New Zealand 10th out of 28 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Annual household final consumption expenditure of durable goods and in New Zealand, year by year
| Year | Index | Change |
|---|---|---|
| 1987 | 45.66 Index | — |
| 1988 | 49.46 Index | +8.3% |
| 1989 | 52.46 Index | +6.1% |
| 1990 | 55.25 Index | +5.3% |
| 1991 | 56.45 Index | +2.2% |
| 1992 | 56.69 Index | +0.4% |
| 1993 | 56.82 Index | +0.2% |
| 1994 | 58.27 Index | +2.6% |
| 1995 | 60.7 Index | +4.2% |
| 1996 | 62.67 Index | +3.2% |
| 1997 | 64.4 Index | +2.8% |
| 1998 | 65.17 Index | +1.2% |
| 1999 | 65.48 Index | +0.5% |
| 2000 | 66.12 Index | +1.0% |
| 2001 | 66.65 Index | +0.8% |
| 2002 | 68.2 Index | +2.3% |
| 2003 | 69.21 Index | +1.5% |
| 2004 | 70.82 Index | +2.3% |
| 2005 | 72.53 Index | +2.4% |
| 2006 | 74.97 Index | +3.4% |
| 2007 | 76.39 Index | +1.9% |
| 2008 | 79.35 Index | +3.9% |
| 2009 | 80.85 Index | +1.9% |
| 2010 | 82.36 Index | +1.9% |
| 2011 | 84.34 Index | +2.4% |
| 2012 | 85.55 Index | +1.4% |
| 2013 | 87.15 Index | +1.9% |
| 2014 | 88.97 Index | +2.1% |
| 2015 | 90.56 Index | +1.8% |
| 2016 | 91.83 Index | +1.4% |
| 2017 | 93.33 Index | +1.6% |
| 2018 | 95.05 Index | +1.8% |
| 2019 | 97.72 Index | +2.8% |
| 2020 | 100 Index | +2.3% |
| 2021 | 104.11 Index | +4.1% |
| 2022 | 110.9 Index | +6.5% |
| 2023 | 117.02 Index | +5.5% |
| 2024 | 122.05 Index | +4.3% |
New Zealand compared with similar countries
- New Zealand's 122.05 Index is above the median for high income countries, which is 118.07 Index, 1.0× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 49.19 Index | 45.66 Index | 52.46 Index | 3 |
| 1990s | 60.19 Index | 55.25 Index | 65.48 Index | 10 |
| 2000s | 72.51 Index | 66.12 Index | 80.85 Index | 10 |
| 2010s | 89.69 Index | 82.36 Index | 97.72 Index | 10 |
| 2020s | 110.82 Index | 100 Index | 122.05 Index | 5 |
Countries ranked near New Zealand
- 7 Netherlands 116.9 Index compare
- 7 United Kingdom of Great Britain and Northern Ireland 130.39 Index compare
- 8 Bulgaria 123.1 Index compare
- 9 South Africa 122.06 Index compare
- 11 Mexico 120.82 Index compare
- 12 Greece 120.52 Index compare
- 13 Luxembourg 119.69 Index compare
More population data for New Zealand
- Population regions with projections, annual growth rate -0.0744 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -14.71 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.0744 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.0739 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,949 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.628 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.191 % change on previous year (2100)
- World population growth -0.1% (2100)
- Population density 22.07 people per km² (2100)
- Number of children under 5, by world region 256,010 people (2100)
Frequently asked questions
- What is annual household final consumption expenditure of durable goods and in New Zealand?
- Annual household final consumption expenditure of durable goods and in New Zealand was 122.05 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual household final consumption expenditure of durable goods and recorded in New Zealand?
- The highest recorded value was 122.05 Index in 2024.
- What is the lowest annual household final consumption expenditure of durable goods and recorded in New Zealand?
- The lowest recorded value was 45.66 Index in 1987.
- How does New Zealand rank for annual household final consumption expenditure of durable goods and?
- New Zealand ranks 10th out of 28 countries with data for 2024.
- Is annual household final consumption expenditure of durable goods and rising or falling in New Zealand?
- Over the last ten years it is up 37.2%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual household final consumption expenditure of durable goods and other goods and services — Final consumption expenditure of services. Statizoid updates them automatically from the source API.
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About this data
This table shows breakdowns of household final consumption expenditure on durable goods, semi-durable goods, non-durable goods, and services. Durable goods are defined as goods that can be used repeatedly or continuously over a period of considerably more than one year and have a substantially higher purchasers’ price than semi-durable goods and non-durable goods. Non-durable goods can only be used once or have a lifetime of considerably less than one year. Semi-durable goods differ from non-durable goods in that they can be used repeatedly or continuously over a period longer than a year and they differ from durable goods in that their expected lifetime of use, though longer than a year, is often significantly shorter and their purchasers’ price is substantially less. For countries for which data on Annual household final consumption expenditure are already available according to the COICOP 2018 classification, statistics can be found in dataset: Annual household final consumption expenditure of durable goods and other goods and services (COICOP 2018) Data is presented for each country in national currency as well as in euros for the European Union and the euro area. The information is presented in current prices, but users can select chain linked volumes and previous year prices using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE5 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org