Industry (including construction), value added in New Zealand
New Zealand: Industry (including construction), value added was 49.83 billion current US$ in 2023. ◆ Volatile
Industry (including construction), value added in New Zealand, 1971–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
New Zealand recorded 49.83 billion current US$ for industry (including construction), value added in 2023. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 1.6% on the previous year and up 28.3% over ten years.
Over the whole period, industry (including construction), value added in New Zealand peaked at 49.83 billion current US$ in 2023 and was at its lowest, 2.81 billion current US$, in 1971.
That places New Zealand 56th out of 208 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.88 billion current US$ | 2.81 billion current US$ | 7.18 billion current US$ | 9 |
| 1980s | 9.65 billion current US$ | 7.76 billion current US$ | 12.55 billion current US$ | 10 |
| 1990s | 13.88 billion current US$ | 10.81 billion current US$ | 17.58 billion current US$ | 10 |
| 2000s | 22.79 billion current US$ | 12.41 billion current US$ | 31.51 billion current US$ | 10 |
| 2010s | 39.12 billion current US$ | 31.40 billion current US$ | 43.36 billion current US$ | 10 |
| 2020s | 47.17 billion current US$ | 42.53 billion current US$ | 49.83 billion current US$ | 4 |
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 49.83 billion current US$ in 2023, 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 49.83 billion current US$ in 2023.
- What is the lowest industry (including construction), value added recorded in New Zealand?
- The lowest recorded value was 2.81 billion current US$ in 1971.
- How does New Zealand rank for industry (including construction), value added?
- New Zealand ranks 56th out of 208 countries with data for 2023.
- Is industry (including construction), value added rising or falling in New Zealand?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.