Industry (including construction), value added (constant 2015 US$) in New Zealand
New Zealand: Industry (including construction), value added (constant 2015 US$) was 40.63 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in New Zealand, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
New Zealand recorded 40.63 billion constant 2015 US$ for industry (including construction), value added in 2024.
Compared with earlier readings it is down 4.7% on the previous year and up 11.3% over ten years.
Over the whole period, industry (including construction), value added in New Zealand peaked at 42.62 billion constant 2015 US$ in 2023 and was at its lowest, 21.38 billion constant 2015 US$, in 1978.
New Zealand ranks 55th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Industry (including construction), value added (constant 2015 US$) in New Zealand, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1977 | 21.77 billion constant 2015 US$ | — |
| 1978 | 21.38 billion constant 2015 US$ | -1.8% |
| 1979 | 21.68 billion constant 2015 US$ | +1.4% |
| 1980 | 21.44 billion constant 2015 US$ | -1.1% |
| 1981 | 23.03 billion constant 2015 US$ | +7.4% |
| 1982 | 23.31 billion constant 2015 US$ | +1.2% |
| 1983 | 24.24 billion constant 2015 US$ | +4.0% |
| 1984 | 25.96 billion constant 2015 US$ | +7.1% |
| 1985 | 25.13 billion constant 2015 US$ | -3.2% |
| 1986 | 25.39 billion constant 2015 US$ | +1.1% |
| 1987 | 24.80 billion constant 2015 US$ | -2.3% |
| 1988 | 24.33 billion constant 2015 US$ | -1.9% |
| 1989 | 24.32 billion constant 2015 US$ | -0.1% |
| 1990 | 23.21 billion constant 2015 US$ | -4.6% |
| 1991 | 22.23 billion constant 2015 US$ | -4.2% |
| 1992 | 22.78 billion constant 2015 US$ | +2.5% |
| 1993 | 24.32 billion constant 2015 US$ | +6.8% |
| 1994 | 25.91 billion constant 2015 US$ | +6.5% |
| 1995 | 26.65 billion constant 2015 US$ | +2.9% |
| 1996 | 27.46 billion constant 2015 US$ | +3.0% |
| 1997 | 27.78 billion constant 2015 US$ | +1.2% |
| 1998 | 27.21 billion constant 2015 US$ | -2.1% |
| 1999 | 28.65 billion constant 2015 US$ | +5.3% |
| 2000 | 28.90 billion constant 2015 US$ | +0.9% |
| 2001 | 29.20 billion constant 2015 US$ | +1.0% |
| 2002 | 31.54 billion constant 2015 US$ | +8.0% |
| 2003 | 32.58 billion constant 2015 US$ | +3.3% |
| 2004 | 33.94 billion constant 2015 US$ | +4.2% |
| 2005 | 34.43 billion constant 2015 US$ | +1.5% |
| 2006 | 34.48 billion constant 2015 US$ | +0.1% |
| 2007 | 36.53 billion constant 2015 US$ | +5.9% |
| 2008 | 34.64 billion constant 2015 US$ | -5.2% |
| 2009 | 34.28 billion constant 2015 US$ | -1.0% |
| 2010 | 34.38 billion constant 2015 US$ | +0.3% |
| 2011 | 33.66 billion constant 2015 US$ | -2.1% |
| 2012 | 34.46 billion constant 2015 US$ | +2.3% |
| 2013 | 34.91 billion constant 2015 US$ | +1.3% |
| 2014 | 36.52 billion constant 2015 US$ | +4.6% |
| 2015 | 37.80 billion constant 2015 US$ | +3.5% |
| 2016 | 39.06 billion constant 2015 US$ | +3.3% |
| 2017 | 40.41 billion constant 2015 US$ | +3.5% |
| 2018 | 41.45 billion constant 2015 US$ | +2.6% |
| 2019 | 42.38 billion constant 2015 US$ | +2.2% |
| 2020 | 42.00 billion constant 2015 US$ | -0.9% |
| 2021 | 41.62 billion constant 2015 US$ | -0.9% |
| 2022 | 41.84 billion constant 2015 US$ | +0.5% |
| 2023 | 42.62 billion constant 2015 US$ | +1.9% |
| 2024 | 40.63 billion constant 2015 US$ | -4.7% |
New Zealand compared with similar countries
- New Zealand's 40.63 billion constant 2015 US$ is above the median for high income countries, which is 27.07 billion constant 2015 US$, 1.5× the median. (69 countries reporting)
- New Zealand's 40.63 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 8.43 billion constant 2015 US$, 4.8× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.61 billion constant 2015 US$ | 21.38 billion constant 2015 US$ | 21.77 billion constant 2015 US$ | 3 |
| 1980s | 24.20 billion constant 2015 US$ | 21.44 billion constant 2015 US$ | 25.96 billion constant 2015 US$ | 10 |
| 1990s | 25.62 billion constant 2015 US$ | 22.23 billion constant 2015 US$ | 28.65 billion constant 2015 US$ | 10 |
| 2000s | 33.05 billion constant 2015 US$ | 28.90 billion constant 2015 US$ | 36.53 billion constant 2015 US$ | 10 |
| 2010s | 37.50 billion constant 2015 US$ | 33.66 billion constant 2015 US$ | 42.38 billion constant 2015 US$ | 10 |
| 2020s | 41.74 billion constant 2015 US$ | 40.63 billion constant 2015 US$ | 42.62 billion constant 2015 US$ | 5 |
Countries ranked near New Zealand
- 52 Finland 54.97 billion constant 2015 US$ compare
- 53 Portugal 47.91 billion constant 2015 US$ compare
- 54 Oman 47.19 billion constant 2015 US$ compare
- 56 Greece 39.26 billion constant 2015 US$ compare
- 57 Morocco 35.42 billion constant 2015 US$ compare
- 58 Hungary 34.47 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 4.11 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 552.02 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8628 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 403.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.49 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in New Zealand?
- Industry (including construction), value added in New Zealand was 40.63 billion constant 2015 US$ 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 42.62 billion constant 2015 US$ in 2023.
- What is the lowest industry (including construction), value added recorded in New Zealand?
- The lowest recorded value was 21.38 billion constant 2015 US$ in 1978.
- How does New Zealand rank for industry (including construction), value added?
- New Zealand ranks 55th out of 196 countries with data for 2024.
- Is industry (including construction), value added rising or falling in New Zealand?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 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 2015. This indicator is expressed in United States dollars.