Manufacturing, value added in New Zealand
New Zealand: Manufacturing, value added was -1.0% in 2024. ◆ Volatile
Manufacturing, value added in New Zealand, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, manufacturing, value added in New Zealand stood at -1.0%.
The figure is up 48.8% on the previous year and down 147.7% over ten years.
Over the whole period, manufacturing, value added in New Zealand peaked at 8.7% in 2002 and was at its lowest, -8.5%, in 2008.
That places New Zealand 156th out of 192 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.
Manufacturing, value added in New Zealand, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1978 | -0.4% | — |
| 1979 | 3.7% | -1033.9% |
| 1980 | -1.2% | -132.4% |
| 1981 | 7.7% | -738.1% |
| 1982 | 0.9% | -88.0% |
| 1983 | 2.6% | +183.7% |
| 1984 | 8.0% | +205.4% |
| 1985 | -5.1% | -163.4% |
| 1986 | 0.1% | -102.5% |
| 1987 | -4.6% | -3800.9% |
| 1988 | -0.8% | -82.7% |
| 1989 | -0.8% | +2.1% |
| 1990 | -3.7% | +354.7% |
| 1991 | -2.5% | -33.6% |
| 1992 | 4.5% | -281.1% |
| 1993 | 6.6% | +47.3% |
| 1994 | 6.9% | +4.0% |
| 1995 | 0.6% | -91.7% |
| 1996 | 1.6% | +179.2% |
| 1997 | 0.2% | -86.8% |
| 1998 | -2.7% | -1413.1% |
| 1999 | 4.4% | -260.0% |
| 2000 | 2.6% | -40.8% |
| 2001 | 1.3% | -50.2% |
| 2002 | 8.7% | +573.1% |
| 2003 | 2.6% | -70.3% |
| 2004 | 3.2% | +23.5% |
| 2005 | 0.9% | -71.0% |
| 2006 | -3.0% | -418.0% |
| 2007 | 1.1% | -136.1% |
| 2008 | -8.5% | -897.9% |
| 2009 | -4.2% | -50.8% |
| 2010 | 1.9% | -145.8% |
| 2011 | -0.3% | -116.5% |
| 2012 | 1.3% | -506.8% |
| 2013 | 1.0% | -25.5% |
| 2014 | 2.2% | +125.7% |
| 2015 | 2.3% | +6.1% |
| 2016 | 2.4% | +6.6% |
| 2017 | 2.1% | -14.8% |
| 2018 | 2.4% | +15.5% |
| 2019 | -0.8% | -134.3% |
| 2020 | -2.5% | +198.5% |
| 2021 | 3.2% | -228.7% |
| 2022 | -6.0% | -288.1% |
| 2023 | -2.0% | -66.1% |
| 2024 | -1.0% | -48.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | -0.4% | 3.7% | 2 |
| 1980s | 0.7% | -5.1% | 8.0% | 10 |
| 1990s | 1.6% | -3.7% | 6.9% | 10 |
| 2000s | 0.5% | -8.5% | 8.7% | 10 |
| 2010s | 1.4% | -0.8% | 2.4% | 10 |
| 2020s | -1.7% | -6.0% | 3.2% | 5 |
Countries ranked near New Zealand
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 1.48 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2248 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 11,111 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 51.04 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 50.33 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -7.15 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0653 current LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,218 current LCU per person (2023)
Frequently asked questions
- What is manufacturing, value added in New Zealand?
- Manufacturing, value added in New Zealand was -1.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in New Zealand?
- The highest recorded value was 8.7% in 2002.
- What is the lowest manufacturing, value added recorded in New Zealand?
- The lowest recorded value was -8.5% in 2008.
- How does New Zealand rank for manufacturing, value added?
- New Zealand ranks 156th out of 192 countries with data for 2024.
- Is manufacturing, value added rising or falling in New Zealand?
- Over the last ten years it is down 147.7%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.