New Zealand: Manufacturing value added

The latest value from 2021 is 22.35 billion U.S. dollars, an increase from 19.98 billion U.S. dollars in 2020. In comparison, the world average is 89.85 billion U.S. dollars, based on data from 171 countries. Historically, the average for New Zealand from 1971 to 2021 is 11.05 billion U.S. dollars. The minimum value, 2.02 billion U.S. dollars, was reached in 1971 while the maximum of 22.35 billion U.S. dollars was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 U.S. dollars.