Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand

New Zealand: Value Added (Total Manufacturing) — Value Standard Local Currency was -3.79 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-3.79 % change on previous year
Change on year
up 31.6%
World rank
187th
of 223 countries
All-time high
14.22 % change on previous year
in 1974
All-time low
-11.15 % change on previous year
in 1975
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand, 1971–2023

-10010197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added (total manufacturing) — value standard local currency in New Zealand stood at -3.79 % change on previous year.

Compared with earlier readings it is up 31.6% on the previous year and down 487.7% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in New Zealand peaked at 14.22 % change on previous year in 1974 and was at its lowest, -11.15 % change on previous year, in 1975.

New Zealand ranks 187th of 223 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in New Zealand, 1971 to 2023.
Year % change on previous year Change
1971 7.56 % change on previous year —
1972 -0.2126 % change on previous year -102.8%
1973 7.37 % change on previous year -3565.3%
1974 14.22 % change on previous year +93.0%
1975 -11.15 % change on previous year -178.4%
1976 8 % change on previous year -171.7%
1977 -2.96 % change on previous year -137.0%
1978 -0.551 % change on previous year -81.4%
1979 3.82 % change on previous year -793.8%
1980 -1.22 % change on previous year -132.0%
1981 8.58 % change on previous year -801.1%
1982 0.9559 % change on previous year -88.9%
1983 2.44 % change on previous year +154.9%
1984 8.49 % change on previous year +248.3%
1985 -5.09 % change on previous year -159.9%
1986 -0.0686 % change on previous year -98.7%
1987 -4.16 % change on previous year +5967.4%
1988 -1.35 % change on previous year -67.6%
1989 -0.8833 % change on previous year -34.5%
1990 -4.86 % change on previous year +449.7%
1991 -3.36 % change on previous year -30.7%
1992 4.59 % change on previous year -236.3%
1993 6.69 % change on previous year +45.8%
1994 7.19 % change on previous year +7.5%
1995 0.5917 % change on previous year -91.8%
1996 1.48 % change on previous year +150.1%
1997 0.055 % change on previous year -96.3%
1998 -2.66 % change on previous year -4935.9%
1999 4.47 % change on previous year -267.9%
2000 2.77 % change on previous year -37.9%
2001 1.5 % change on previous year -46.1%
2002 7.75 % change on previous year +418.4%
2003 2.85 % change on previous year -63.3%
2004 3.05 % change on previous year +7.1%
2005 0.8654 % change on previous year -71.6%
2006 -3.06 % change on previous year -453.1%
2007 1.11 % change on previous year -136.4%
2008 -8.59 % change on previous year -872.2%
2009 -4.58 % change on previous year -46.7%
2010 1.92 % change on previous year -141.8%
2011 -0.3937 % change on previous year -120.5%
2012 1.05 % change on previous year -366.7%
2013 0.9783 % change on previous year -6.8%
2014 2.29 % change on previous year +133.9%
2015 2.24 % change on previous year -2.2%
2016 2.6 % change on previous year +16.3%
2017 2.13 % change on previous year -18.2%
2018 2.42 % change on previous year +13.5%
2019 -0.785 % change on previous year -132.5%
2020 -2.46 % change on previous year +213.5%
2021 3.39 % change on previous year -237.7%
2022 -5.55 % change on previous year -263.6%
2023 -3.79 % change on previous year -31.6%

New Zealand compared with similar countries

  • New Zealand's -3.79 % change on previous year is below the median for high income countries, which is 0.2508 % change on previous year. (73 countries reporting)
  • New Zealand's -3.79 % change on previous year is below the median for East Asia & Pacific, which is 0.4786 % change on previous year. (28 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
1987 -5967.4% -0.0686 % change on previous year -4.16 % change on previous year
1998 -4935.9% 0.055 % change on previous year -2.66 % change on previous year
1973 +3565.3% -0.2126 % change on previous year 7.37 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.9 % change on previous year -11.15 % change on previous year 14.22 % change on previous year 9
1980s 0.7686 % change on previous year -5.09 % change on previous year 8.58 % change on previous year 10
1990s 1.42 % change on previous year -4.86 % change on previous year 7.19 % change on previous year 10
2000s 0.3666 % change on previous year -8.59 % change on previous year 7.75 % change on previous year 10
2010s 1.44 % change on previous year -0.785 % change on previous year 2.6 % change on previous year 10
2020s -2.1 % change on previous year -5.55 % change on previous year 3.39 % change on previous year 4

Countries ranked near New Zealand

  1. 184 Saudi Arabia -3.46 % change on previous year compare
  2. 185 British Virgin Islands -3.55 % change on previous year compare
  3. 186 Hungary -3.73 % change on previous year compare
  4. 188 Lithuania -3.84 % change on previous year compare
  5. 189 Suriname -3.93 % change on previous year compare
  6. 190 Singapore -4.32 % change on previous year compare

See the full ranking of 224 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in New Zealand?
Value added (total manufacturing) — value standard local currency in New Zealand was -3.79 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in New Zealand?
The highest recorded value was 14.22 % change on previous year in 1974.
What is the lowest value added (total manufacturing) — value standard local currency recorded in New Zealand?
The lowest recorded value was -11.15 % change on previous year in 1975.
How does New Zealand rank for value added (total manufacturing) — value standard local currency?
New Zealand ranks 187th out of 223 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in New Zealand?
Over the last ten years it is down 487.7%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-2015-prices-annual-growth/new-zealand/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-2015-prices-annual-growth/new-zealand/">Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
224 places, 11,028 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.