Value Added (Total Manufacturing) — Value US$ in Australia and New Zealand
Australia and New Zealand: Value Added (Total Manufacturing) — Value US$ was 120,315 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ 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$ in Australia and New Zealand stood at 120,315 million USD.
The figure is up 2.2% on the previous year and up 2.1% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Australia and New Zealand peaked at 127,496 million USD in 2011 and was at its lowest, 11,063 million USD, in 1970.
That places Australia and New Zealand 22nd out of 203 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Australia and New Zealand, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 11,063 million USD | — |
| 1971 | 12,352 million USD | +11.6% |
| 1972 | 14,286 million USD | +15.7% |
| 1973 | 19,632 million USD | +37.4% |
| 1974 | 23,291 million USD | +18.6% |
| 1975 | 23,665 million USD | +1.6% |
| 1976 | 24,947 million USD | +5.4% |
| 1977 | 24,752 million USD | -0.8% |
| 1978 | 28,229 million USD | +14.0% |
| 1979 | 31,358 million USD | +11.1% |
| 1980 | 36,279 million USD | +15.7% |
| 1981 | 40,843 million USD | +12.6% |
| 1982 | 37,551 million USD | -8.1% |
| 1983 | 37,220 million USD | -0.9% |
| 1984 | 38,992 million USD | +4.8% |
| 1985 | 34,072 million USD | -12.6% |
| 1986 | 35,154 million USD | +3.2% |
| 1987 | 40,852 million USD | +16.2% |
| 1988 | 49,343 million USD | +20.8% |
| 1989 | 52,391 million USD | +6.2% |
| 1990 | 48,820 million USD | -6.8% |
| 1991 | 49,302 million USD | +1.0% |
| 1992 | 49,534 million USD | +0.5% |
| 1993 | 50,097 million USD | +1.1% |
| 1994 | 57,459 million USD | +14.7% |
| 1995 | 61,112 million USD | +6.4% |
| 1996 | 65,134 million USD | +6.6% |
| 1997 | 65,811 million USD | +1.0% |
| 1998 | 55,648 million USD | -15.4% |
| 1999 | 58,715 million USD | +5.5% |
| 2000 | 53,459 million USD | -9.0% |
| 2001 | 49,472 million USD | -7.5% |
| 2002 | 57,083 million USD | +15.4% |
| 2003 | 73,286 million USD | +28.4% |
| 2004 | 85,185 million USD | +16.2% |
| 2005 | 92,088 million USD | +8.1% |
| 2006 | 90,942 million USD | -1.2% |
| 2007 | 107,662 million USD | +18.4% |
| 2008 | 105,903 million USD | -1.6% |
| 2009 | 94,329 million USD | -10.9% |
| 2010 | 111,721 million USD | +18.4% |
| 2011 | 127,496 million USD | +14.1% |
| 2012 | 123,808 million USD | -2.9% |
| 2013 | 117,784 million USD | -4.9% |
| 2014 | 114,410 million USD | -2.9% |
| 2015 | 95,797 million USD | -16.3% |
| 2016 | 94,753 million USD | -1.1% |
| 2017 | 102,444 million USD | +8.1% |
| 2018 | 102,360 million USD | -0.1% |
| 2019 | 97,863 million USD | -4.4% |
| 2020 | 99,136 million USD | +1.3% |
| 2021 | 116,150 million USD | +17.2% |
| 2022 | 117,708 million USD | +1.3% |
| 2023 | 120,315 million USD | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,357 million USD | 11,063 million USD | 31,358 million USD | 10 |
| 1980s | 40,270 million USD | 34,072 million USD | 52,391 million USD | 10 |
| 1990s | 56,163 million USD | 48,820 million USD | 65,811 million USD | 10 |
| 2000s | 80,941 million USD | 49,472 million USD | 107,662 million USD | 10 |
| 2010s | 108,844 million USD | 94,753 million USD | 127,496 million USD | 10 |
| 2020s | 113,327 million USD | 99,136 million USD | 120,315 million USD | 4 |
Countries ranked near Australia and New Zealand
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$ in Australia and New Zealand?
- Value added (total manufacturing) — value us$ in Australia and New Zealand was 120,315 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Australia and New Zealand?
- The highest recorded value was 127,496 million USD in 2011.
- What is the lowest value added (total manufacturing) — value us$ recorded in Australia and New Zealand?
- The lowest recorded value was 11,063 million USD in 1970.
- How does Australia and New Zealand rank for value added (total manufacturing) — value us$?
- Australia and New Zealand ranks 22nd out of 203 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Australia and New Zealand?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is volatile.
- 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$. 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).