New Zealand: Agriculture, forestry, and fishing, value added (% of GDP)
In , New Zealand's Agriculture, forestry, and fishing, value added (% of GDP) was 4.57.
That's down 20.8% from 2021, the highest value since .
The global average for this indicator in 2022 was 9.78 .
Source: World Bank Open Data (NV.AGR.TOTL.ZS) • Data as of 2022
Trend (2005–2022)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 7.03
- Trough
- 4.47
- 1-year change
- -20.8%
- 5-year change
- -22.7%
- -5.0% / yr
- 10-year change
- -17.0%
- -1.8% / yr
Historical Data — Last 10 Years
| Year | Agriculture, forestry, and fishing, value added (% of GDP) |
|---|---|
| 4.5690 | |
| 5.7684 | |
| 5.7046 | |
| 5.6895 | |
| 5.6614 | |
| 5.9094 | |
| 5.5443 | |
| 4.4673 | |
| 4.7720 | |
| 7.0298 |
About Agriculture, forestry, and fishing, value added (% of GDP)
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Indicator code: NV.AGR.TOTL.ZS • Category: Economy
Frequently asked questions
- What was New Zealand's Agriculture, forestry, and fishing, value added (% of GDP) in 2022?
- In 2022, New Zealand's Agriculture, forestry, and fishing, value added (% of GDP) was 4.57, according to World Bank Open Data.
- Is New Zealand's Agriculture, forestry, and fishing, value added (% of GDP) rising or falling?
- New Zealand's Agriculture, forestry, and fishing, value added (% of GDP) fell 20.8% from 2021 to 2022.
- How does New Zealand's Agriculture, forestry, and fishing, value added (% of GDP) compare to the world average?
- The global average for Agriculture, forestry, and fishing, value added (% of GDP) in 2022 was 9.78, so New Zealand is below the world average.
- What is Agriculture, forestry, and fishing, value added (% of GDP) and how is it measured?
- 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Source: World Bank Open Data (NV.AGR.TOTL.ZS), CC BY 4.0.