Industry (including construction), value added in New Zealand
New Zealand: Industry (including construction), value added was 63.45 billion constant LCU in 2024. ▲ Rising
Industry (including construction), value added in New Zealand, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, industry (including construction), value added in New Zealand stood at 63.45 billion constant LCU.
That represents a change of down 4.7% on the previous year and up 11.3% over ten years.
Over the whole period, industry (including construction), value added in New Zealand peaked at 66.55 billion constant LCU in 2023 and was at its lowest, 33.38 billion constant LCU, in 1978.
New Zealand ranks 113th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.74 billion constant LCU | 33.38 billion constant LCU | 33.99 billion constant LCU | 3 |
| 1980s | 37.78 billion constant LCU | 33.48 billion constant LCU | 40.53 billion constant LCU | 10 |
| 1990s | 40.01 billion constant LCU | 34.71 billion constant LCU | 44.74 billion constant LCU | 10 |
| 2000s | 51.61 billion constant LCU | 45.13 billion constant LCU | 57.03 billion constant LCU | 10 |
| 2010s | 58.56 billion constant LCU | 52.57 billion constant LCU | 66.17 billion constant LCU | 10 |
| 2020s | 65.18 billion constant LCU | 63.45 billion constant LCU | 66.55 billion constant LCU | 5 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- DEC alternative conversion factor 1.7 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -1.25 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -754.10 million current US$ (2024)
- Taxes less subsidies on products 34.74 billion current LCU (2023)
- Taxes less subsidies on products 21.34 billion current US$ (2023)
- Net primary income (Net income from abroad) -11.66 billion current LCU (2024)
- Net primary income (Net income from abroad) -7.06 billion current US$ (2024)
- GNI per capita 78,957 current LCU (2025)
- GNI per capita, Atlas method 46,630 current US$ (2025)
- GNI 420.42 billion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in New Zealand?
- Industry (including construction), value added in New Zealand was 63.45 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in New Zealand?
- The highest recorded value was 66.55 billion constant LCU in 2023.
- What is the lowest industry (including construction), value added recorded in New Zealand?
- The lowest recorded value was 33.38 billion constant LCU in 1978.
- How does New Zealand rank for industry (including construction), value added?
- New Zealand ranks 113th out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in New Zealand?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.