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

New Zealand’s industry sector contribution to GDP experienced a steady decline from 26.5% in 1990 to around 21% by the early 2010s. The decrease aligns with New Zealand’s economic transition toward agriculture and service sectors, notably tourism and finance, which became key contributors. In 2009, the global financial crisis reduced the industrial share to 21.4%, as export demand and manufacturing output slowed. By 2020, contributions had declined further to 19.7%, reflecting a persistent focus on services and environmental policies that prioritize sustainability over industrial growth. The industrial sector remains crucial but limited, supporting high-quality manufacturing while maintaining an economy that emphasizes sustainable development.