Share of manufacturing in gross domestic product (GDP) in New Zealand
New Zealand: Share of manufacturing in gross domestic product (GDP) was 8.3% in 2023. ▼ Falling
Share of manufacturing in gross domestic product (GDP) in New Zealand, 1971–2023
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2023, share of manufacturing in gross domestic product (gdp) in New Zealand stood at 8.3%. That is the lowest value across all 53 years on record.
The figure is down 7.3% on the previous year and down 19.2% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in New Zealand peaked at 26.6% in 1982 and was at its lowest, 8.3%, in 2023.
That places New Zealand 122nd out of 202 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Share of manufacturing in gross domestic product (GDP) in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 25.5% | — |
| 1972 | 24.3% | -4.6% |
| 1973 | 24.0% | -1.2% |
| 1974 | 25.7% | +6.9% |
| 1975 | 23.3% | -9.5% |
| 1976 | 24.6% | +6.0% |
| 1977 | 24.9% | +1.1% |
| 1978 | 25.2% | +1.1% |
| 1979 | 24.9% | -1.3% |
| 1980 | 24.9% | -0.1% |
| 1981 | 26.0% | +4.7% |
| 1982 | 26.6% | +2.3% |
| 1983 | 25.9% | -2.8% |
| 1984 | 25.8% | -0.5% |
| 1985 | 23.1% | -10.2% |
| 1986 | 21.4% | -7.4% |
| 1987 | 19.4% | -9.4% |
| 1988 | 18.7% | -3.3% |
| 1989 | 18.6% | -0.6% |
| 1990 | 17.8% | -4.5% |
| 1991 | 17.9% | +0.4% |
| 1992 | 17.9% | +0.3% |
| 1993 | 17.9% | +0.1% |
| 1994 | 18.5% | +2.9% |
| 1995 | 17.7% | -4.1% |
| 1996 | 16.7% | -5.9% |
| 1997 | 16.3% | -2.0% |
| 1998 | 15.8% | -3.3% |
| 1999 | 15.6% | -1.4% |
| 2000 | 15.5% | -0.3% |
| 2001 | 15.2% | -2.0% |
| 2002 | 15.6% | +2.4% |
| 2003 | 14.7% | -5.4% |
| 2004 | 14.6% | -1.1% |
| 2005 | 14.5% | -0.2% |
| 2006 | 13.3% | -8.4% |
| 2007 | 12.3% | -7.4% |
| 2008 | 12.4% | +0.5% |
| 2009 | 10.7% | -13.2% |
| 2010 | 10.8% | +0.7% |
| 2011 | 10.9% | +1.1% |
| 2012 | 10.6% | -3.1% |
| 2013 | 10.2% | -3.4% |
| 2014 | 11.1% | +8.1% |
| 2015 | 11.3% | +1.9% |
| 2016 | 10.1% | -10.5% |
| 2017 | 10.2% | +1.1% |
| 2018 | 10.0% | -2.4% |
| 2019 | 9.7% | -2.9% |
| 2020 | 9.4% | -3.0% |
| 2021 | 8.7% | -7.4% |
| 2022 | 8.9% | +2.5% |
| 2023 | 8.3% | -7.3% |
New Zealand compared with similar countries
- New Zealand's 8.3% is below the median for high income countries, which is 9.5%, 87% of the median. (75 countries reporting)
- New Zealand's 8.3% is above the median for East Asia & Pacific, which is 7.1%, 1.2× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.7% | 23.3% | 25.7% | 9 |
| 1980s | 23.0% | 18.6% | 26.6% | 10 |
| 1990s | 17.2% | 15.6% | 18.5% | 10 |
| 2000s | 13.9% | 10.7% | 15.6% | 10 |
| 2010s | 10.5% | 9.7% | 11.3% | 10 |
| 2020s | 8.8% | 8.3% | 9.4% | 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)
- 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 share of manufacturing in gross domestic product (gdp) in New Zealand?
- Share of manufacturing in gross domestic product (gdp) in New Zealand was 8.3% in 2023, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in New Zealand?
- The highest recorded value was 26.6% in 1982.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in New Zealand?
- The lowest recorded value was 8.3% in 2023.
- How does New Zealand rank for share of manufacturing in gross domestic product (gdp)?
- New Zealand ranks 122nd out of 202 countries with data for 2023.
- Is share of manufacturing in gross domestic product (gdp) rising or falling in New Zealand?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is falling.
- Where does this New Zealand data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.