Industry (including construction) … current LCU rate annual growth in New Zealand
New Zealand: Industry (including construction) … current LCU rate annual growth was 4.94 % change on previous year in 2023. ◆ Volatile
Industry (including construction), value added (current LCU), annual in New Zealand, 1972–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, industry (including construction), value added (current lcu), annual in New Zealand stood at 4.94 % change on previous year.
The figure is down 68.5% on the previous year and up 60.4% over ten years.
Over the whole period, industry (including construction), value added (current lcu), annual in New Zealand peaked at 26.84 % change on previous year in 1981 and was at its lowest, -5.4 % change on previous year, in 2009.
That places New Zealand 126th out of 207 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction) … current LCU rate annual growth in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | 11.14 % change on previous year | — |
| 1973 | 15.32 % change on previous year | +37.5% |
| 1974 | 17.16 % change on previous year | +12.1% |
| 1975 | 7.15 % change on previous year | -58.4% |
| 1976 | 26.04 % change on previous year | +264.4% |
| 1977 | 13.14 % change on previous year | -49.5% |
| 1978 | 11.72 % change on previous year | -10.8% |
| 1979 | 14.98 % change on previous year | +27.8% |
| 1980 | 16.22 % change on previous year | +8.3% |
| 1981 | 26.84 % change on previous year | +65.4% |
| 1982 | 15.98 % change on previous year | -40.4% |
| 1983 | 8.67 % change on previous year | -45.7% |
| 1984 | 12.38 % change on previous year | +42.7% |
| 1985 | 8.6 % change on previous year | -30.6% |
| 1986 | 11.98 % change on previous year | +39.3% |
| 1987 | 3.13 % change on previous year | -73.9% |
| 1988 | 3.76 % change on previous year | +20.3% |
| 1989 | 5.56 % change on previous year | +47.8% |
| 1990 | -1.75 % change on previous year | -131.4% |
| 1991 | -2.28 % change on previous year | +30.4% |
| 1992 | 3.01 % change on previous year | -232.1% |
| 1993 | 7.99 % change on previous year | +165.6% |
| 1994 | 9.49 % change on previous year | +18.7% |
| 1995 | 2.96 % change on previous year | -68.8% |
| 1996 | 2.36 % change on previous year | -20.5% |
| 1997 | 2.64 % change on previous year | +12.1% |
| 1998 | -2.2 % change on previous year | -183.3% |
| 1999 | 7.1 % change on previous year | -422.7% |
| 2000 | 3.78 % change on previous year | -46.7% |
| 2001 | 5.22 % change on previous year | +38.0% |
| 2002 | 8.43 % change on previous year | +61.5% |
| 2003 | 4.2 % change on previous year | -50.1% |
| 2004 | 8.31 % change on previous year | +97.7% |
| 2005 | 7.16 % change on previous year | -13.8% |
| 2006 | 1.39 % change on previous year | -80.6% |
| 2007 | 8.4 % change on previous year | +503.8% |
| 2008 | 3.68 % change on previous year | -56.2% |
| 2009 | -5.4 % change on previous year | -246.6% |
| 2010 | 3.61 % change on previous year | -166.8% |
| 2011 | 3.19 % change on previous year | -11.6% |
| 2012 | 2.17 % change on previous year | -32.0% |
| 2013 | 3.08 % change on previous year | +41.8% |
| 2014 | 10.01 % change on previous year | +225.3% |
| 2015 | 4.06 % change on previous year | -59.4% |
| 2016 | 1.11 % change on previous year | -72.6% |
| 2017 | 9.01 % change on previous year | +710.4% |
| 2018 | 4.51 % change on previous year | -50.0% |
| 2019 | 5.41 % change on previous year | +20.0% |
| 2020 | -0.3601 % change on previous year | -106.7% |
| 2021 | 1.95 % change on previous year | -640.3% |
| 2022 | 15.65 % change on previous year | +704.3% |
| 2023 | 4.94 % change on previous year | -68.5% |
New Zealand compared with similar countries
- New Zealand's 4.94 % change on previous year is above the median for high income countries, which is 3.19 % change on previous year, 1.5× the median. (77 countries reporting)
- New Zealand's 4.94 % change on previous year is below the median for East Asia & Pacific, which is 7.14 % change on previous year, 69% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current LCU rate annual growth in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +710.4% | 1.11 % change on previous year | 9.01 % change on previous year |
| 2022 | +704.3% | 1.95 % change on previous year | 15.65 % change on previous year |
| 2021 | +640.3% | -0.3601 % change on previous year | 1.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.58 % change on previous year | 7.15 % change on previous year | 26.04 % change on previous year | 8 |
| 1980s | 11.31 % change on previous year | 3.13 % change on previous year | 26.84 % change on previous year | 10 |
| 1990s | 2.93 % change on previous year | -2.28 % change on previous year | 9.49 % change on previous year | 10 |
| 2000s | 4.52 % change on previous year | -5.4 % change on previous year | 8.43 % change on previous year | 10 |
| 2010s | 4.62 % change on previous year | 1.11 % change on previous year | 10.01 % change on previous year | 10 |
| 2020s | 5.54 % change on previous year | -0.3601 % change on previous year | 15.65 % change on previous year | 4 |
Countries ranked near New Zealand
- 123 Cyprus 5.04 % change on previous year compare
- 124 Tunisia 5 % change on previous year compare
- 125 Hong Kong 4.95 % change on previous year compare
- 127 Turks and Caicos Islands 4.89 % change on previous year compare
- 128 Mauritania 4.86 % change on previous year compare
- 129 Barbados 4.5 % change on previous year compare
More economy & growth data for New Zealand
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- 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 (current lcu), annual in New Zealand?
- Industry (including construction), value added (current lcu), annual in New Zealand was 4.94 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), annual recorded in New Zealand?
- The highest recorded value was 26.84 % change on previous year in 1981.
- What is the lowest industry (including construction), value added (current lcu), annual recorded in New Zealand?
- The lowest recorded value was -5.4 % change on previous year in 2009.
- How does New Zealand rank for industry (including construction), value added (current lcu), annual?
- New Zealand ranks 126th out of 207 countries with data for 2023.
- Is industry (including construction), value added (current lcu), annual rising or falling in New Zealand?
- Over the last ten years it is up 60.4%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.