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

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

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in New Zealand (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: New Zealand
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
New Zealand's manufacturing contribution to GDP began at 17.8% in 1990 but declined steadily as the economy shifted towards services and agriculture, reaching 9.5% by 2020. High labor costs and limited economies of scale have posed challenges to the sector. Despite this, the sector’s stability in recent years reflects continued investment in specialized manufacturing areas, such as food processing and high-tech goods, supporting New Zealand’s niche export markets in a service-heavy economy.

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