Industry value added — all countries

Industry value added — Australia and New Zealand

Industry value added in Australia and New Zealand in 2023 — 527,092,172,312 US$. Since 1990, the indicator has risen by 417%.

2023 527B US$ +2.61% vs 2022
World rank
Period maximum 527B US$2023
Period minimum 96.19B US$1993

Trend over time

1990–2023 · US$

Industry value added — Australia and New Zealand, 1990–20230200B400B600B1990199419982002200620102014201820221990: 101,956,223,052 US$1991: 101,532,615,363 US$1992: 98,611,762,126 US$1993: 96,189,752,913 US$1994: 101,402,787,385 US$1995: 113,998,380,110 US$1996: 122,087,768,299 US$1997: 126,392,235,138 US$1998: 114,984,914,956 US$1999: 110,180,060,078 US$2000: 114,690,118,915 US$2001: 102,164,178,068 US$2002: 109,277,705,398 US$2003: 132,930,581,097 US$2004: 171,499,248,181 US$2005: 198,347,332,124 US$2006: 216,728,741,314 US$2007: 250,558,643,426 US$2008: 301,248,706,662 US$2009: 277,636,116,880 US$2010: 320,784,771,234 US$2011: 406,758,351,154 US$2012: 446,103,209,541 US$2013: 437,674,305,905 US$2014: 420,288,003,562 US$2015: 359,178,527,845 US$2016: 308,498,525,453 US$2017: 354,523,062,734 US$2018: 388,714,895,050 US$2019: 396,524,936,619 US$2020: 381,236,136,619 US$2021: 444,246,920,865 US$2022: 513,661,220,648 US$2023: 527,092,172,312 US$
Change over the period: +425B (+416.98%) Average annual rate: 5.1 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Australia and New Zealand

Australia and New Zealand 527B US$
World 28.12T US$
Industry value added — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year US$ Change Change, %
2023 527B +13.43B +2.61%
2022 514B +69.41B +15.63%
2021 444B +63.01B +16.53%
2020 381B −15.29B −3.86%
2019 397B +7.81B +2.01%
2018 389B +34.19B +9.64%
2017 355B +46.02B +14.92%
2016 308B −50.68B −14.11%
2015 359B −61.11B −14.54%
2014 420B −17.39B −3.97%
2013 438B −8.43B −1.89%
2012 446B +39.34B +9.67%
2011 407B +85.97B +26.8%
2010 321B +43.15B +15.54%
2009 278B −23.61B −7.84%
2008 301B +50.69B +20.23%
2007 251B +33.83B +15.61%
2006 217B +18.38B +9.27%
2005 198B +26.85B +15.65%
2004 171B +38.57B +29.01%
2003 133B +23.65B +21.64%
2002 109B +7.11B +6.96%
2001 102B −12.53B −10.92%
2000 115B +4.51B +4.09%
1999 110B −4.8B −4.18%
1998 115B −11.41B −9.03%
1997 126B +4.3B +3.53%
1996 122B +8.09B +7.1%
1995 114B +12.6B +12.42%
1994 101B +5.21B +5.42%
1993 96.19B −2.42B −2.46%
1992 98.61B −2.92B −2.88%
1991 102B −424M −0.42%
1990 102B

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.