New Zealand - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in New Zealand was 62,632,000,000 as of 2018. As the graph below shows, over the past 47 years this indicator reached a maximum value of 62,632,000,000 in 2018 and a minimum value of 2,432,000,000 in 1971.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1971 2,432,000,000
1972 2,703,000,000
1973 3,117,000,000
1974 3,652,000,000
1975 3,913,000,000
1976 4,932,000,000
1977 5,580,000,000
1978 6,234,000,000
1979 7,168,000,000
1980 8,331,000,000
1981 10,567,000,000
1982 12,256,000,000
1983 13,319,000,000
1984 14,968,000,000
1985 16,255,000,000
1986 18,202,000,000
1987 18,771,000,000
1988 19,477,000,000
1989 20,560,000,000
1990 20,201,000,000
1991 19,741,000,000
1992 20,335,000,000
1993 21,960,000,000
1994 24,043,000,000
1995 24,755,000,000
1996 25,338,000,000
1997 26,007,000,000
1998 25,435,000,000
1999 27,240,000,000
2000 28,270,000,000
2001 29,745,000,000
2002 32,252,000,000
2003 33,608,000,000
2004 36,402,000,000
2005 39,010,000,000
2006 39,553,000,000
2007 42,877,000,000
2008 44,023,000,000
2009 41,591,000,000
2010 43,059,000,000
2011 44,724,000,000
2012 45,506,000,000
2013 47,228,000,000
2014 51,877,000,000
2015 53,983,000,000
2016 54,458,000,000
2017 59,457,000,000
2018 62,632,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts