Value Added (Total Manufacturing) — Value US$, 2015 prices in Australia and New Zealand
Australia and New Zealand: Value Added (Total Manufacturing) — Value US$, 2015 prices was 97,667 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Australia and New Zealand, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Australia and New Zealand stood at 97,667 million USD.
The figure is down 0.6% on the previous year and down 0.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Australia and New Zealand peaked at 106,917 million USD in 2007 and was at its lowest, 57,159 million USD, in 1970.
That places Australia and New Zealand 21st out of 203 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Australia and New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 57,159 million USD | — |
| 1971 | 58,973 million USD | +3.2% |
| 1972 | 60,989 million USD | +3.4% |
| 1973 | 65,187 million USD | +6.9% |
| 1974 | 64,973 million USD | -0.3% |
| 1975 | 62,730 million USD | -3.5% |
| 1976 | 65,034 million USD | +3.7% |
| 1977 | 64,381 million USD | -1.0% |
| 1978 | 66,363 million USD | +3.1% |
| 1979 | 69,154 million USD | +4.2% |
| 1980 | 70,087 million USD | +1.3% |
| 1981 | 72,716 million USD | +3.8% |
| 1982 | 68,190 million USD | -6.2% |
| 1983 | 69,372 million USD | +1.7% |
| 1984 | 73,470 million USD | +5.9% |
| 1985 | 72,919 million USD | -0.7% |
| 1986 | 74,441 million USD | +2.1% |
| 1987 | 77,579 million USD | +4.2% |
| 1988 | 80,898 million USD | +4.3% |
| 1989 | 79,992 million USD | -1.1% |
| 1990 | 77,811 million USD | -2.7% |
| 1991 | 75,443 million USD | -3.0% |
| 1992 | 77,410 million USD | +2.6% |
| 1993 | 81,202 million USD | +4.9% |
| 1994 | 83,748 million USD | +3.1% |
| 1995 | 85,359 million USD | +1.9% |
| 1996 | 86,643 million USD | +1.5% |
| 1997 | 88,940 million USD | +2.7% |
| 1998 | 90,173 million USD | +1.4% |
| 1999 | 91,880 million USD | +1.9% |
| 2000 | 94,086 million USD | +2.4% |
| 2001 | 96,446 million USD | +2.5% |
| 2002 | 101,143 million USD | +4.9% |
| 2003 | 102,882 million USD | +1.7% |
| 2004 | 102,783 million USD | -0.1% |
| 2005 | 102,495 million USD | -0.3% |
| 2006 | 103,402 million USD | +0.9% |
| 2007 | 106,917 million USD | +3.4% |
| 2008 | 100,625 million USD | -5.9% |
| 2009 | 100,094 million USD | -0.5% |
| 2010 | 100,144 million USD | +0.0% |
| 2011 | 100,990 million USD | +0.8% |
| 2012 | 98,466 million USD | -2.5% |
| 2013 | 97,910 million USD | -0.6% |
| 2014 | 97,108 million USD | -0.8% |
| 2015 | 95,797 million USD | -1.4% |
| 2016 | 95,843 million USD | +0.0% |
| 2017 | 97,923 million USD | +2.2% |
| 2018 | 97,651 million USD | -0.3% |
| 2019 | 96,016 million USD | -1.7% |
| 2020 | 96,756 million USD | +0.8% |
| 2021 | 99,317 million USD | +2.6% |
| 2022 | 98,244 million USD | -1.1% |
| 2023 | 97,667 million USD | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 63,494 million USD | 57,159 million USD | 69,154 million USD | 10 |
| 1980s | 73,966 million USD | 68,190 million USD | 80,898 million USD | 10 |
| 1990s | 83,861 million USD | 75,443 million USD | 91,880 million USD | 10 |
| 2000s | 101,087 million USD | 94,086 million USD | 106,917 million USD | 10 |
| 2010s | 97,785 million USD | 95,797 million USD | 100,990 million USD | 10 |
| 2020s | 97,996 million USD | 96,756 million USD | 99,317 million USD | 4 |
Countries ranked near Australia and New Zealand
- 18 Thailand 114,569 million USD compare
- 18 Micronesia 44.17 million USD compare
- 19 Poland 106,992 million USD compare
- 19 Timor-Leste 27.93 million USD compare
- 20 Micronesia (Federated States of) 2.05 million USD compare
- 20 Netherlands (Kingdom of the) 104,297 million USD compare
- 22 Bangladesh 95,456 million USD compare
- 23 Malaysia 93,894 million USD compare
- 24 Saudi Arabia 92,581 million USD compare
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Value US$ per capita 65,559 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.23 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.24 % (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 54,411 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.3 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Australia and New Zealand?
- Value added (total manufacturing) — value us$, 2015 prices in Australia and New Zealand was 97,667 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Australia and New Zealand?
- The highest recorded value was 106,917 million USD in 2007.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Australia and New Zealand?
- The lowest recorded value was 57,159 million USD in 1970.
- How does Australia and New Zealand rank for value added (total manufacturing) — value us$, 2015 prices?
- Australia and New Zealand ranks 21st out of 203 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Australia and New Zealand?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is rising.
- Where does this Australia and 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).