New Zealand: Agriculture value added

The latest value from 2021 is 14.66 billion U.S. dollars, an increase from 12.15 billion U.S. dollars in 2020. In comparison, the world average is 22.05 billion U.S. dollars, based on data from 183 countries. Historically, the average for New Zealand from 1971 to 2021 is 5.1 billion U.S. dollars. The minimum value, 0.9 billion U.S. dollars, was reached in 1971 while the maximum of 14.66 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: Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.