Manufacturing, value added in New Zealand
New Zealand: Manufacturing, value added was 34.51 billion current LCU in 2023. ◆ Volatile
Manufacturing, value added in New Zealand, 1971–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2023, manufacturing, value added in New Zealand stood at 34.51 billion current LCU.
The figure is down 1.7% on the previous year and up 44.8% over ten years.
Over the whole period, manufacturing, value added in New Zealand peaked at 35.10 billion current LCU in 2022 and was at its lowest, 1.75 billion current LCU, in 1971.
New Zealand ranks 119th of 205 countries on this measure, in the middle of the range.
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 | current LCU | Change |
|---|---|---|
| 1971 | 1.75 billion current LCU | — |
| 1972 | 1.92 billion current LCU | +9.6% |
| 1973 | 2.21 billion current LCU | +15.5% |
| 1974 | 2.60 billion current LCU | +17.5% |
| 1975 | 2.65 billion current LCU | +2.0% |
| 1976 | 3.44 billion current LCU | +29.9% |
| 1977 | 3.90 billion current LCU | +13.3% |
| 1978 | 4.47 billion current LCU | +14.6% |
| 1979 | 5.15 billion current LCU | +15.3% |
| 1980 | 5.99 billion current LCU | +16.3% |
| 1981 | 7.64 billion current LCU | +27.5% |
| 1982 | 8.83 billion current LCU | +15.7% |
| 1983 | 9.57 billion current LCU | +8.4% |
| 1984 | 10.76 billion current LCU | +12.4% |
| 1985 | 11.16 billion current LCU | +3.7% |
| 1986 | 12.41 billion current LCU | +11.2% |
| 1987 | 12.65 billion current LCU | +1.9% |
| 1988 | 13.14 billion current LCU | +3.9% |
| 1989 | 13.82 billion current LCU | +5.1% |
| 1990 | 13.54 billion current LCU | -2.0% |
| 1991 | 13.57 billion current LCU | +0.2% |
| 1992 | 14.03 billion current LCU | +3.4% |
| 1993 | 15.17 billion current LCU | +8.1% |
| 1994 | 16.72 billion current LCU | +10.2% |
| 1995 | 17.03 billion current LCU | +1.9% |
| 1996 | 16.84 billion current LCU | -1.1% |
| 1997 | 17.11 billion current LCU | +1.6% |
| 1998 | 16.86 billion current LCU | -1.4% |
| 1999 | 17.61 billion current LCU | +4.5% |
| 2000 | 18.58 billion current LCU | +5.5% |
| 2001 | 19.55 billion current LCU | +5.2% |
| 2002 | 21.02 billion current LCU | +7.5% |
| 2003 | 21.27 billion current LCU | +1.2% |
| 2004 | 22.50 billion current LCU | +5.8% |
| 2005 | 23.67 billion current LCU | +5.2% |
| 2006 | 22.89 billion current LCU | -3.3% |
| 2007 | 23.01 billion current LCU | +0.5% |
| 2008 | 23.51 billion current LCU | +2.2% |
| 2009 | 20.93 billion current LCU | -11.0% |
| 2010 | 22.05 billion current LCU | +5.4% |
| 2011 | 23.32 billion current LCU | +5.7% |
| 2012 | 23.07 billion current LCU | -1.0% |
| 2013 | 23.83 billion current LCU | +3.3% |
| 2014 | 26.87 billion current LCU | +12.8% |
| 2015 | 28.82 billion current LCU | +7.2% |
| 2016 | 27.39 billion current LCU | -4.9% |
| 2017 | 29.65 billion current LCU | +8.3% |
| 2018 | 30.48 billion current LCU | +2.8% |
| 2019 | 31.28 billion current LCU | +2.6% |
| 2020 | 30.87 billion current LCU | -1.3% |
| 2021 | 31.18 billion current LCU | +1.0% |
| 2022 | 35.10 billion current LCU | +12.6% |
| 2023 | 34.51 billion current LCU | -1.7% |
New Zealand compared with similar countries
- New Zealand's 34.51 billion current LCU is above the median for high income countries, which is 34.51 billion current LCU, 1.0× the median. (75 countries reporting)
- New Zealand's 34.51 billion current LCU is above the median for East Asia & Pacific, which is 32.15 billion current LCU, 1.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.12 billion current LCU | 1.75 billion current LCU | 5.15 billion current LCU | 9 |
| 1980s | 10.60 billion current LCU | 5.99 billion current LCU | 13.82 billion current LCU | 10 |
| 1990s | 15.85 billion current LCU | 13.54 billion current LCU | 17.61 billion current LCU | 10 |
| 2000s | 21.69 billion current LCU | 18.58 billion current LCU | 23.67 billion current LCU | 10 |
| 2010s | 26.68 billion current LCU | 22.05 billion current LCU | 31.28 billion current LCU | 10 |
| 2020s | 32.92 billion current LCU | 30.87 billion current LCU | 35.10 billion current LCU | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in New Zealand?
- Manufacturing, value added in New Zealand was 34.51 billion current LCU in 2023, 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 35.10 billion current LCU in 2022.
- What is the lowest manufacturing, value added recorded in New Zealand?
- The lowest recorded value was 1.75 billion current LCU in 1971.
- How does New Zealand rank for manufacturing, value added?
- New Zealand ranks 119th out of 205 countries with data for 2023.
- Is manufacturing, value added rising or falling in New Zealand?
- Over the last ten years it is up 44.8%. 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 (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.