New Zealand - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in New Zealand was 59,834,410,000 as of 2019. As the graph below shows, over the past 42 years this indicator reached a maximum value of 59,834,410,000 in 2019 and a minimum value of 30,853,980,000 in 1978.

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 constant local currency.

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

Year Value
1977 31,386,300,000
1978 30,853,980,000
1979 31,338,930,000
1980 31,002,380,000
1981 33,300,190,000
1982 33,698,830,000
1983 35,017,220,000
1984 37,513,690,000
1985 36,270,280,000
1986 36,661,530,000
1987 35,800,070,000
1988 35,125,950,000
1989 35,078,860,000
1990 33,571,260,000
1991 32,187,170,000
1992 32,997,350,000
1993 35,239,170,000
1994 37,513,360,000
1995 38,523,860,000
1996 39,679,890,000
1997 40,123,990,000
1998 39,317,280,000
1999 41,326,630,000
2000 41,729,130,000
2001 42,132,650,000
2002 45,513,900,000
2003 46,963,060,000
2004 48,860,770,000
2005 49,556,910,000
2006 49,578,750,000
2007 52,506,370,000
2008 49,272,740,000
2009 48,705,110,000
2010 48,939,070,000
2011 48,132,310,000
2012 49,131,130,000
2013 50,052,280,000
2014 52,160,140,000
2015 53,983,000,000
2016 55,487,670,000
2017 57,601,540,000
2018 59,134,140,000
2019 59,834,410,000

Base Period: varies by country

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