Value Added (Total Manufacturing) — Value Standard Local Currency in New Zealand
New Zealand: Value Added (Total Manufacturing) — Value Standard Local Currency was 37,129 million SLC in 2023. ◆ Volatile
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
In 2023, value added (total manufacturing) — value standard local currency in New Zealand stood at 37,129 million SLC. That is the highest value across all 54 years on record.
The figure is up 6.0% on the previous year and up 55.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in New Zealand peaked at 37,129 million SLC in 2023 and was at its lowest, 1,426 million SLC, in 1970.
That places New Zealand 113th out of 202 countries with data for 2023, putting it in the middle of the range.
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
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,426 million SLC | — |
| 1971 | 1,747 million SLC | +22.5% |
| 1972 | 1,917 million SLC | +9.7% |
| 1973 | 2,212 million SLC | +15.4% |
| 1974 | 2,598 million SLC | +17.5% |
| 1975 | 2,649 million SLC | +2.0% |
| 1976 | 3,442 million SLC | +29.9% |
| 1977 | 3,899 million SLC | +13.3% |
| 1978 | 4,467 million SLC | +14.6% |
| 1979 | 5,150 million SLC | +15.3% |
| 1980 | 5,988 million SLC | +16.3% |
| 1981 | 7,636 million SLC | +27.5% |
| 1982 | 8,832 million SLC | +15.7% |
| 1983 | 9,575 million SLC | +8.4% |
| 1984 | 10,761 million SLC | +12.4% |
| 1985 | 11,158 million SLC | +3.7% |
| 1986 | 12,411 million SLC | +11.2% |
| 1987 | 12,648 million SLC | +1.9% |
| 1988 | 13,145 million SLC | +3.9% |
| 1989 | 13,819 million SLC | +5.1% |
| 1990 | 13,541 million SLC | -2.0% |
| 1991 | 13,572 million SLC | +0.2% |
| 1992 | 14,033 million SLC | +3.4% |
| 1993 | 15,170 million SLC | +8.1% |
| 1994 | 16,722 million SLC | +10.2% |
| 1995 | 17,036 million SLC | +1.9% |
| 1996 | 16,843 million SLC | -1.1% |
| 1997 | 17,107 million SLC | +1.6% |
| 1998 | 16,862 million SLC | -1.4% |
| 1999 | 17,614 million SLC | +4.5% |
| 2000 | 18,581 million SLC | +5.5% |
| 2001 | 19,552 million SLC | +5.2% |
| 2002 | 21,022 million SLC | +7.5% |
| 2003 | 21,269 million SLC | +1.2% |
| 2004 | 22,498 million SLC | +5.8% |
| 2005 | 23,666 million SLC | +5.2% |
| 2006 | 22,894 million SLC | -3.3% |
| 2007 | 23,011 million SLC | +0.5% |
| 2008 | 23,508 million SLC | +2.2% |
| 2009 | 20,926 million SLC | -11.0% |
| 2010 | 22,049 million SLC | +5.4% |
| 2011 | 23,314 million SLC | +5.7% |
| 2012 | 23,071 million SLC | -1.0% |
| 2013 | 23,829 million SLC | +3.3% |
| 2014 | 26,866 million SLC | +12.7% |
| 2015 | 28,809 million SLC | +7.2% |
| 2016 | 27,381 million SLC | -5.0% |
| 2017 | 29,638 million SLC | +8.2% |
| 2018 | 30,469 million SLC | +2.8% |
| 2019 | 31,270 million SLC | +2.6% |
| 2020 | 30,848 million SLC | -1.3% |
| 2021 | 31,189 million SLC | +1.1% |
| 2022 | 35,022 million SLC | +12.3% |
| 2023 | 37,129 million SLC | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,951 million SLC | 1,426 million SLC | 5,150 million SLC | 10 |
| 1980s | 10,597 million SLC | 5,988 million SLC | 13,819 million SLC | 10 |
| 1990s | 15,850 million SLC | 13,541 million SLC | 17,614 million SLC | 10 |
| 2000s | 21,693 million SLC | 18,581 million SLC | 23,666 million SLC | 10 |
| 2010s | 26,670 million SLC | 22,049 million SLC | 31,270 million SLC | 10 |
| 2020s | 33,547 million SLC | 30,848 million SLC | 37,129 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)
- Services, value added (current US$), annual growth rate 3.93 % change on previous year (2023)
- Services, value added (current US$), per unit of GDP 0.6823 current US$ per US$ of GDP (2023)
- Services, value added (current US$), per capita 33,641 current US$ per person (2023)
- Services, value added (current LCU), annual growth rate 7.31 % change on previous year (2023)
- Services, value added (current LCU), per unit of GDP 1.11 current LCU per US$ of GDP (2023)
- Services, value added (current LCU), per capita 54,782 current LCU per person (2023)
- Services, value added (constant 2015 US$), annual growth rate -0.1121 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5794 constant 2015 US$ per US$ of GDP (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 37,129 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 37,129 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in New Zealand?
- The lowest recorded value was 1,426 million SLC in 1970.
- How does New Zealand rank for value added (total manufacturing) — value standard local currency?
- New Zealand ranks 113th out of 202 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 55.8%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).