Manufacturing, value added in New Zealand

New Zealand: Manufacturing, value added was 34.51 billion current LCU in 2023. ◆ Volatile

Latest (2023)
34.51 billion current LCU
Change on year
down 1.7%
World rank
119th
of 204 countries
All-time high
35.10 billion current LCU
in 2022
All-time low
1.75 billion current LCU
in 1971
Years of data
53
1971–2023

Manufacturing, value added in New Zealand, 1971–2023

010.0B20.0B30.0B40.0B197119972023

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

In 2023, manufacturing, value added in New Zealand stood at 34.51 billion current LCU.

The figure is down 1.7% on the previous year and up 44.8% over ten years.

Over the whole period, manufacturing, value added in New Zealand peaked at 35.10 billion current LCU in 2022 and was at its lowest, 1.75 billion current LCU, in 1971.

New Zealand ranks 119th of 204 countries on this measure, 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

DecadeAverage LowestHighest Years
1970s 3.12 billion current LCU 1.75 billion current LCU 5.15 billion current LCU 9
1980s 10.60 billion current LCU 5.99 billion current LCU 13.82 billion current LCU 10
1990s 15.85 billion current LCU 13.54 billion current LCU 17.61 billion current LCU 10
2000s 21.69 billion current LCU 18.58 billion current LCU 23.67 billion current LCU 10
2010s 26.68 billion current LCU 22.05 billion current LCU 31.28 billion current LCU 10
2020s 32.92 billion current LCU 30.87 billion current LCU 35.10 billion current LCU 4

Countries ranked near New Zealand

  1. 116 Finland 39.95 billion current LCU compare
  2. 117 Djibouti 38.99 billion current LCU compare
  3. 118 Portugal 34.65 billion current LCU compare
  4. 120 Hong Kong 29.78 billion current LCU compare
  5. 121 Suriname 29.06 billion current LCU compare
  6. 122 French Polynesia 27.61 billion current LCU compare

See the full ranking of 204 places →

More economy & growth data for New Zealand

All data for New Zealand →

Frequently asked questions

What is manufacturing, value added in New Zealand?
Manufacturing, value added in New Zealand was 34.51 billion current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in New Zealand?
The highest recorded value was 35.10 billion current LCU in 2022.
What is the lowest manufacturing, value added recorded in New Zealand?
The lowest recorded value was 1.75 billion current LCU in 1971.
How does New Zealand rank for manufacturing, value added?
New Zealand ranks 119th out of 204 countries with data for 2023.
Is manufacturing, value added rising or falling in New Zealand?
Over the last ten years it is up 44.8%. 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 Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 8,253 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 series is expressed in local currency units.