Manufacturing, value added (constant LCU) in New Zealand
New Zealand: Manufacturing, value added (constant LCU) was 29.04 billion constant LCU in 2024. ▲ Rising
Manufacturing, value added in New Zealand, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, manufacturing, value added in New Zealand stood at 29.04 billion constant LCU.
Compared with earlier readings it is down 1.0% on the previous year and down 0.3% over ten years.
Over the whole period, manufacturing, value added in New Zealand peaked at 31.91 billion constant LCU in 2005 and was at its lowest, 20.66 billion constant LCU, in 1978.
That places New Zealand 109th out of 192 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Manufacturing, value added (constant LCU) in New Zealand, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1977 | 20.75 billion constant LCU | — |
| 1978 | 20.66 billion constant LCU | -0.4% |
| 1979 | 21.43 billion constant LCU | +3.7% |
| 1980 | 21.17 billion constant LCU | -1.2% |
| 1981 | 22.80 billion constant LCU | +7.7% |
| 1982 | 23.01 billion constant LCU | +0.9% |
| 1983 | 23.62 billion constant LCU | +2.6% |
| 1984 | 25.51 billion constant LCU | +8.0% |
| 1985 | 24.21 billion constant LCU | -5.1% |
| 1986 | 24.25 billion constant LCU | +0.1% |
| 1987 | 23.12 billion constant LCU | -4.6% |
| 1988 | 22.93 billion constant LCU | -0.8% |
| 1989 | 22.75 billion constant LCU | -0.8% |
| 1990 | 21.90 billion constant LCU | -3.7% |
| 1991 | 21.36 billion constant LCU | -2.5% |
| 1992 | 22.31 billion constant LCU | +4.5% |
| 1993 | 23.79 billion constant LCU | +6.6% |
| 1994 | 25.42 billion constant LCU | +6.9% |
| 1995 | 25.57 billion constant LCU | +0.6% |
| 1996 | 25.97 billion constant LCU | +1.6% |
| 1997 | 26.03 billion constant LCU | +0.2% |
| 1998 | 25.31 billion constant LCU | -2.7% |
| 1999 | 26.42 billion constant LCU | +4.4% |
| 2000 | 27.11 billion constant LCU | +2.6% |
| 2001 | 27.46 billion constant LCU | +1.3% |
| 2002 | 29.86 billion constant LCU | +8.7% |
| 2003 | 30.64 billion constant LCU | +2.6% |
| 2004 | 31.62 billion constant LCU | +3.2% |
| 2005 | 31.91 billion constant LCU | +0.9% |
| 2006 | 30.97 billion constant LCU | -3.0% |
| 2007 | 31.30 billion constant LCU | +1.1% |
| 2008 | 28.64 billion constant LCU | -8.5% |
| 2009 | 27.44 billion constant LCU | -4.2% |
| 2010 | 27.96 billion constant LCU | +1.9% |
| 2011 | 27.87 billion constant LCU | -0.3% |
| 2012 | 28.23 billion constant LCU | +1.3% |
| 2013 | 28.50 billion constant LCU | +1.0% |
| 2014 | 29.12 billion constant LCU | +2.2% |
| 2015 | 29.79 billion constant LCU | +2.3% |
| 2016 | 30.52 billion constant LCU | +2.4% |
| 2017 | 31.16 billion constant LCU | +2.1% |
| 2018 | 31.91 billion constant LCU | +2.4% |
| 2019 | 31.65 billion constant LCU | -0.8% |
| 2020 | 30.87 billion constant LCU | -2.5% |
| 2021 | 31.85 billion constant LCU | +3.2% |
| 2022 | 29.95 billion constant LCU | -6.0% |
| 2023 | 29.34 billion constant LCU | -2.0% |
| 2024 | 29.04 billion constant LCU | -1.0% |
New Zealand compared with similar countries
- New Zealand's 29.04 billion constant LCU is below the median for high income countries, which is 29.35 billion constant LCU, 99% of the median. (67 countries reporting)
- New Zealand's 29.04 billion constant LCU is below the median for East Asia & Pacific, which is 29.35 billion constant LCU, 99% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.95 billion constant LCU | 20.66 billion constant LCU | 21.43 billion constant LCU | 3 |
| 1980s | 23.34 billion constant LCU | 21.17 billion constant LCU | 25.51 billion constant LCU | 10 |
| 1990s | 24.41 billion constant LCU | 21.36 billion constant LCU | 26.42 billion constant LCU | 10 |
| 2000s | 29.69 billion constant LCU | 27.11 billion constant LCU | 31.91 billion constant LCU | 10 |
| 2010s | 29.67 billion constant LCU | 27.87 billion constant LCU | 31.91 billion constant LCU | 10 |
| 2020s | 30.21 billion constant LCU | 29.04 billion constant LCU | 31.85 billion constant LCU | 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)
- 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 manufacturing, value added in New Zealand?
- Manufacturing, value added in New Zealand was 29.04 billion constant LCU 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 31.91 billion constant LCU in 2005.
- What is the lowest manufacturing, value added recorded in New Zealand?
- The lowest recorded value was 20.66 billion constant LCU in 1978.
- How does New Zealand rank for manufacturing, value added?
- New Zealand ranks 109th 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 0.3%. 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 Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.