Industry (including construction), value added in New Zealand
New Zealand: Industry (including construction), value added was -4.7% in 2024. ◆ Volatile
Industry (including construction), value added in New Zealand, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
New Zealand recorded -4.7% for industry (including construction), value added in 2024.
That represents a change of down 351.7% on the previous year and down 201.2% over ten years.
Over the whole period, industry (including construction), value added in New Zealand peaked at 8.0% in 2002 and was at its lowest, -5.2%, in 2008.
That places New Zealand 186th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in New Zealand, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1978 | -1.8% | — |
| 1979 | 1.4% | -177.0% |
| 1980 | -1.1% | -177.3% |
| 1981 | 7.4% | -788.8% |
| 1982 | 1.2% | -83.5% |
| 1983 | 4.0% | +226.3% |
| 1984 | 7.1% | +78.0% |
| 1985 | -3.2% | -145.2% |
| 1986 | 1.1% | -132.9% |
| 1987 | -2.3% | -319.0% |
| 1988 | -1.9% | -17.8% |
| 1989 | -0.0% | -97.4% |
| 1990 | -4.6% | +9040.9% |
| 1991 | -4.2% | -6.6% |
| 1992 | 2.5% | -158.3% |
| 1993 | 6.8% | +174.3% |
| 1994 | 6.5% | -4.2% |
| 1995 | 2.9% | -55.8% |
| 1996 | 3.0% | +5.3% |
| 1997 | 1.2% | -61.4% |
| 1998 | -2.1% | -276.3% |
| 1999 | 5.3% | -356.9% |
| 2000 | 0.9% | -83.6% |
| 2001 | 1.0% | +19.1% |
| 2002 | 8.0% | +673.7% |
| 2003 | 3.3% | -59.0% |
| 2004 | 4.2% | +26.7% |
| 2005 | 1.5% | -64.9% |
| 2006 | 0.1% | -90.3% |
| 2007 | 5.9% | +4082.5% |
| 2008 | -5.2% | -186.8% |
| 2009 | -1.0% | -79.7% |
| 2010 | 0.3% | -127.3% |
| 2011 | -2.1% | -830.0% |
| 2012 | 2.3% | -212.9% |
| 2013 | 1.3% | -43.7% |
| 2014 | 4.6% | +248.4% |
| 2015 | 3.5% | -23.6% |
| 2016 | 3.3% | -5.5% |
| 2017 | 3.5% | +3.8% |
| 2018 | 2.6% | -25.2% |
| 2019 | 2.2% | -13.8% |
| 2020 | -0.9% | -139.6% |
| 2021 | -0.9% | +3.1% |
| 2022 | 0.5% | -159.3% |
| 2023 | 1.9% | +243.6% |
| 2024 | -4.7% | -351.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.2% | -1.8% | 1.4% | 2 |
| 1980s | 1.2% | -3.2% | 7.4% | 10 |
| 1990s | 1.7% | -4.6% | 6.8% | 10 |
| 2000s | 1.9% | -5.2% | 8.0% | 10 |
| 2010s | 2.2% | -2.1% | 4.6% | 10 |
| 2020s | -0.8% | -4.7% | 1.9% | 5 |
Countries ranked near New Zealand
- 183 Montenegro -3.2% compare
- 184 San Marino -4.5% compare
- 185 Japan -4.6% compare
- 187 Iran, Islamic Republic of -4.8% compare
- 188 Luxembourg -4.8% compare
- 189 Hong Kong, China -5.0% compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0827 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 4,076 current US$ per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.1346 current LCU per US$ of GDP (2023)
- Manufacturing, value added (current LCU), per capita 6,637 current LCU per person (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0749 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 3,702 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
Frequently asked questions
- What is industry (including construction), value added in New Zealand?
- Industry (including construction), value added in New Zealand was -4.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in New Zealand?
- The highest recorded value was 8.0% in 2002.
- What is the lowest industry (including construction), value added recorded in New Zealand?
- The lowest recorded value was -5.2% in 2008.
- How does New Zealand rank for industry (including construction), value added?
- New Zealand ranks 186th out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in New Zealand?
- Over the last ten years it is down 201.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.