New Zealand: Share of industry
* indicates monthly or quarterly data series
New Zealand |
Value added by industry as percent of GDP |
---|---|
Latest value | 18.97 |
Year | 2021 |
Measure | percent |
Data availability | 1971 - 2021 |
Average | 26.98 |
Min - Max | 18.97 - 36.94 |
Source | The World Bank |
The latest value from 2021 is 18.97 percent, a decline from 19.78 percent in 2020. In comparison, the world average is 26.22 percent, based on data from 184 countries. Historically, the average for New Zealand from 1971 to 2021 is 26.98 percent. The minimum value, 18.97 percent, was reached in 2021 while the maximum of 36.94 percent was recorded in 1982.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
The importance of industry in the economy of New Zealand and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 18.97 | 2021 | percent |
Share of manufacturing | 8.81 | 2021 | percent |
Share of services | 67.11 | 2021 | percent |
Industry value added | 48.12 | 2021 | billion U.S. dollars |
Manufacturing value added | 22.35 | 2021 | billion U.S. dollars |
Services value added | 170.22 | 2021 | billion U.S. dollars |
Savings, percent of GDP | 17.67 | 2022 | percent |
Savings, in dollars | 43.59 | 2022 | billion U.S. dollars |