New Zealand's agriculture, forestry, and fishing, value added (current LCU) was 16.74 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 2.2% from 16.37 billion in 2013 (0.22% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 16.74 billion | 2023 |
| Five years earlier | 17.35 billion | 2018 |
| Ten years earlier | 16.37 billion | 2013 |
| Highest | 20.72 billion | 2021 |
| Lowest | 782 million | 1971 |
| Average since 2014 | 16.52 billion | 2014–2023 |
| First recorded | 782 million |
What the numbers say
In 2023, New Zealand's agriculture, forestry, and fishing, value added (current LCU) fell 7.2% on 2022 (from 18.02 billion to 16.74 billion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +5.4% and a typical year strayed about 16.1% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 48.8% in 1979 and the biggest yearly fall was 29.2% in 2014. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 766.46 million a year. A straight line explains 59% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to New Zealand in the 2023 ranking
- Greenland — 2nd of 4: 3.79 billion
- Isle of Man — 3rd of 4: 22.71 million
- Aruba — 4th of 4: 2.65 million
What this measures
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 53 values
| Year | Agriculture, forestry, and fishing, value added (current LCU) |
|---|---|
| 2023 | 16,735,000,000 |
| 2022 | 18,024,000,000 |
| 2021 | 20,716,000,000 |
| 2020 | 18,742,000,000 |
| 2019 | 18,396,000,000 |
| 2018 | 17,346,000,000 |
| 2017 | 17,197,000,000 |
| 2016 | 15,062,000,000 |
| 2015 | 11,418,000,000 |
| 2014 | 11,594,000,000 |
Agriculture, forestry, and fishing, value added (current LCU) in nearby economies
- Australia — 62.99 billion (2025)
- Brunei Darussalam — 232.21 million (2025)
- Cambodia — 33.15 trillion (2025)
- China — 9.33 trillion (2025)
- Fiji — 2 billion (2025)
- French Polynesia — 12.93 billion (2020)
- Hong Kong SAR, China — 1.19 billion (2024)
- Indonesia — 3,120.46 trillion (2025)
- Japan — 6.08 trillion (2024)
More economic policy & debt data for New Zealand
- Total reserves, including gold (current US$) — US$28.15 billion (2025)
- Total reserves, excluding gold (current US$) — US$28.15 billion (2025)
- GDP (current US$) — US$264.06 billion (2025)
- GDP (current LCU) — 449.8 billion (2025)
- GDP (constant 2015 US$) — US$220.1 billion (2025)
- GDP (constant LCU) — 359.52 billion (2025)
- GDP per capita (current US$) — US$49,591 (2025)
- GDP per capita (current LCU) — 84,475 (2025)
- GDP per capita (constant 2015 US$) — US$41,336 (2025)
- GDP per capita (constant LCU) — 67,519 (2025)
Reading data like this
Questions people ask
- What is New Zealand's agriculture, forestry, and fishing, value added (current LCU)?
- 16.74 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is up 2,040% from 782 million in 1971 (6.07% a year on average, compounded). The highest value was 20.72 billion in 2021 and the lowest 782 million in 1971.
- Is the latest change in agriculture, forestry, and fishing, value added (current LCU) unusual for New Zealand?
- In 2023, New Zealand's agriculture, forestry, and fishing, value added (current LCU) fell 7.2% on 2022 (from 18.02 billion to 16.74 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +5.4% and a typical year strayed about 16.1% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.AGR.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in