Statistics New Zealand produced a great interactive graphic showing which industries have contributed to New Zealand’s GDP. It takes the top 10 industries that contributed most to the production measure of gross domestic product (GDP) in a given year. Industries are coloured based on four broad industry groups:
- Goods-producing industries: manufacturing; electricity, gas, water, and waste services; and construction industries.
- Primary industries: agriculture, forestry, fishing, and mining industries.
- Service industries: wholesale trade; accommodation and food services; retail trade; transport, postal, and warehousing; information, media, and telecommunications; finance and insurance services; rental, hiring, and real estate services; professional, scientific, technical, and admin support services; government administration; health; education; and other service industries.
- Taxes on production: includes GST, import duties, and stamp duties.
Below the doughnuts show the changes from 1973 to 2018.
Things to note:
- The contribution from the goods sector has fallen from 33% to 19%
- The service sector has increased from 51% to 65% over the period
- The primary sector has halved over the period from 14% to 7% – agriculture was the biggest industry in 1972 at 11.2 but by 2018 this figure was 4.3% and the industry was relegated to10th in 2018
Click here to go the interactive – well worth a look and great for Macro at NCEA Level 2 and 3.