Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand
New Zealand: Value Added (Total Manufacturing) — Value Standard Local Currency was 28,110 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
New Zealand recorded 28,110 million SLC for value added (total manufacturing) — value standard local currency in 2023.
That represents a change of down 3.8% on the previous year and up 2.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in New Zealand peaked at 31,107 million SLC in 2005 and was at its lowest, 16,748 million SLC, in 1970.
That places New Zealand 109th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 16,748 million SLC | — |
| 1971 | 18,014 million SLC | +7.6% |
| 1972 | 17,976 million SLC | -0.2% |
| 1973 | 19,301 million SLC | +7.4% |
| 1974 | 22,044 million SLC | +14.2% |
| 1975 | 19,586 million SLC | -11.1% |
| 1976 | 21,153 million SLC | +8.0% |
| 1977 | 20,528 million SLC | -3.0% |
| 1978 | 20,415 million SLC | -0.6% |
| 1979 | 21,195 million SLC | +3.8% |
| 1980 | 20,936 million SLC | -1.2% |
| 1981 | 22,732 million SLC | +8.6% |
| 1982 | 22,949 million SLC | +1.0% |
| 1983 | 23,508 million SLC | +2.4% |
| 1984 | 25,503 million SLC | +8.5% |
| 1985 | 24,206 million SLC | -5.1% |
| 1986 | 24,189 million SLC | -0.1% |
| 1987 | 23,183 million SLC | -4.2% |
| 1988 | 22,870 million SLC | -1.3% |
| 1989 | 22,668 million SLC | -0.9% |
| 1990 | 21,567 million SLC | -4.9% |
| 1991 | 20,842 million SLC | -3.4% |
| 1992 | 21,797 million SLC | +4.6% |
| 1993 | 23,255 million SLC | +6.7% |
| 1994 | 24,928 million SLC | +7.2% |
| 1995 | 25,075 million SLC | +0.6% |
| 1996 | 25,446 million SLC | +1.5% |
| 1997 | 25,460 million SLC | +0.1% |
| 1998 | 24,783 million SLC | -2.7% |
| 1999 | 25,890 million SLC | +4.5% |
| 2000 | 26,608 million SLC | +2.8% |
| 2001 | 27,006 million SLC | +1.5% |
| 2002 | 29,099 million SLC | +7.8% |
| 2003 | 29,927 million SLC | +2.8% |
| 2004 | 30,840 million SLC | +3.0% |
| 2005 | 31,107 million SLC | +0.9% |
| 2006 | 30,156 million SLC | -3.1% |
| 2007 | 30,492 million SLC | +1.1% |
| 2008 | 27,872 million SLC | -8.6% |
| 2009 | 26,595 million SLC | -4.6% |
| 2010 | 27,105 million SLC | +1.9% |
| 2011 | 26,998 million SLC | -0.4% |
| 2012 | 27,281 million SLC | +1.0% |
| 2013 | 27,548 million SLC | +1.0% |
| 2014 | 28,179 million SLC | +2.3% |
| 2015 | 28,809 million SLC | +2.2% |
| 2016 | 29,559 million SLC | +2.6% |
| 2017 | 30,188 million SLC | +2.1% |
| 2018 | 30,917 million SLC | +2.4% |
| 2019 | 30,675 million SLC | -0.8% |
| 2020 | 29,920 million SLC | -2.5% |
| 2021 | 30,934 million SLC | +3.4% |
| 2022 | 29,218 million SLC | -5.5% |
| 2023 | 28,110 million SLC | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19,696 million SLC | 16,748 million SLC | 22,044 million SLC | 10 |
| 1980s | 23,274 million SLC | 20,936 million SLC | 25,503 million SLC | 10 |
| 1990s | 23,904 million SLC | 20,842 million SLC | 25,890 million SLC | 10 |
| 2000s | 28,970 million SLC | 26,595 million SLC | 31,107 million SLC | 10 |
| 2010s | 28,726 million SLC | 26,998 million SLC | 30,917 million SLC | 10 |
| 2020s | 29,546 million SLC | 28,110 million SLC | 30,934 million SLC | 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)
- Final consumption expenditure (constant 2015 US$), per capita 33,643 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 0.5121 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 49,980 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 1.99 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.67 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 82,583 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.7819 % change on previous year (2024)
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 28,110 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in New Zealand?
- The highest recorded value was 31,107 million SLC in 2005.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in New Zealand?
- The lowest recorded value was 16,748 million SLC in 1970.
- How does New Zealand rank for value added (total manufacturing) — value standard local currency?
- New Zealand ranks 109th out of 194 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 up 2.0%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).