New Zealand - Food, beverages and tobacco (% of value added in manufacturing)

The value for Food, beverages and tobacco (% of value added in manufacturing) in New Zealand was 35.80 as of 2019. As the graph below shows, over the past 56 years this indicator reached a maximum value of 38.98 in 2015 and a minimum value of 21.30 in 1974.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1963 25.29
1964 22.15
1965 23.57
1966 22.43
1967 25.38
1968 25.51
1969 23.76
1970 24.22
1971 26.04
1972 26.84
1973 21.69
1974 21.30
1975 24.75
1976 24.35
1977 24.74
1978 25.07
1979 25.96
1980 26.02
1981 26.65
1982 27.03
1983 27.02
1984 25.27
1985 25.64
1986 24.57
1987 25.81
1988 26.50
1989 25.90
1990 27.98
1991 31.28
1992 31.28
1993 31.28
1994 31.28
1995 28.52
1996 28.52
1997 29.37
1998 29.77
1999 32.78
2000 33.26
2001 33.17
2002 27.55
2003 26.78
2004 25.56
2005 24.56
2006 26.34
2007 26.43
2008 28.75
2009 24.60
2010 31.75
2011 33.92
2012 35.95
2013 36.72
2014 34.79
2015 38.98
2016 38.90
2017 33.33
2018 35.80
2019 35.80

Development Relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998).

Limitations and Exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

Statistical Concept and Methodology: The data on the distribution of manufacturing value added by industry are provided by the United Nations Industrial Development Organization (UNIDO). UNIDO obtains the data from a variety of national and international sources, including the United Nations Statistics Division, the World Bank, the Organisation for Economic Co-operation and Development, and the International Monetary Fund. To improve comparability over time and across countries, UNIDO supplements these data with information from industrial censuses, statistics from national and international organizations, unpublished data that it collects in the field, and estimates by the UNIDO Secretariat. Nevertheless, coverage may be incomplete, particularly for the informal sector. When direct information on inputs and outputs is not available, estimates may be used, which may result in errors in industry totals. Moreover, countries use different reference periods (calendar or fiscal year) and valuation methods (basic or producer prices) to estimate value added.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts