Latvia vs New Zealand: Industry (including construction), value added
Industry (including construction), value added over time
- Latvia
- New Zealand
How they compare
New Zealand currently reports 19.4% against 18.7% in Latvia, a difference of 0.7%.
The two have swapped places 4 times across 29 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 138th and New Zealand ranks 135th of 209 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and New Zealand in 2.
Head to head by decade
| Decade | Latvia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 27.0% | 24.7% | 2.4% | Latvia |
| 2000s | 22.5% | 23.2% | 0.7% | New Zealand |
| 2010s | 20.2% | 20.8% | 0.6% | New Zealand |
| 2020s | 20.5% | 19.4% | 1.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Latvia or New Zealand?
- New Zealand, at 19.4% against 18.7% in Latvia as of 2023.
- What is the difference in industry (including construction), value added between Latvia and New Zealand?
- 0.7%, with New Zealand ahead.
- How many years of comparable data are there for Latvia and New Zealand?
- 29 years are reported by both, from 1995 to 2023.
- How do Latvia and New Zealand rank globally for industry (including construction), value added?
- Latvia ranks 138th and New Zealand ranks 135th of 209 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.