Agriculture Sector Contribution to GDP in New Zealand (1990-2022)

Agriculture Sector Contribution to GDP in New Zealand (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in New Zealand (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: New Zealand
Published date: 2024
Note: Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
New Zealand’s agriculture sector contribution to GDP showed notable variability, rising from 6% in 1990 to a peak of 8.0% in 2001 due to strong demand for dairy and meat exports. However, the contribution fluctuated, stabilizing around 5-6% in recent years, reflecting New Zealand’s commitment to efficient and export-oriented agriculture.

Temporary increases, such as 7.0% in 2013, align with favorable global demand for New Zealand’s high-quality agricultural products. The sector’s share remains significant, reflecting its essential role in the country’s export economy and rural employment.

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