Value Added (Agriculture, Forestry and Fishing) — Value US$ in Australia and New Zealand

Australia and New Zealand: Value Added (Agriculture, Forestry and Fishing) — Value US$ was 49,149 million USD in 2024. ◆ Volatile

Latest (2024)
49,149 million USD
Change on year
down 7.2%
World rank
10th
of 200 countries
All-time high
61,446 million USD
in 2021
All-time low
3,389 million USD
in 1970
Years of data
55
1970–2024

Value Added (Agriculture, Forestry and Fishing) — Value US$ in Australia and New Zealand, 1970–2024

020.0k40.0k60.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, value added (agriculture, forestry and fishing) — value us$ in Australia and New Zealand stood at 49,149 million USD.

Compared with earlier readings it is down 7.2% on the previous year and up 10.7% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value us$ in Australia and New Zealand peaked at 61,446 million USD in 2021 and was at its lowest, 3,389 million USD, in 1970.

That places Australia and New Zealand 10th out of 200 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Agriculture, Forestry and Fishing) — Value US$ in Australia and New Zealand, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value US$ in Australia and New Zealand, 1970 to 2024.
Year million USD Change
1970 3,389 million USD
1971 3,872 million USD +14.2%
1972 5,519 million USD +42.5%
1973 8,433 million USD +52.8%
1974 7,310 million USD -13.3%
1975 7,115 million USD -2.7%
1976 7,489 million USD +5.3%
1977 6,757 million USD -9.8%
1978 10,427 million USD +54.3%
1979 12,301 million USD +18.0%
1980 11,994 million USD -2.5%
1981 12,419 million USD +3.5%
1982 8,930 million USD -28.1%
1983 11,725 million USD +31.3%
1984 11,671 million USD -0.5%
1985 9,372 million USD -19.7%
1986 9,687 million USD +3.4%
1987 12,266 million USD +26.6%
1988 16,053 million USD +30.9%
1989 16,424 million USD +2.3%
1990 13,001 million USD -20.8%
1991 13,052 million USD +0.4%
1992 13,438 million USD +3.0%
1993 13,940 million USD +3.7%
1994 14,407 million USD +3.3%
1995 17,323 million USD +20.2%
1996 18,541 million USD +7.0%
1997 17,458 million USD -5.8%
1998 15,304 million USD -12.3%
1999 17,059 million USD +11.5%
2000 18,563 million USD +8.8%
2001 19,753 million USD +6.4%
2002 16,258 million USD -17.7%
2003 21,965 million USD +35.1%
2004 25,138 million USD +14.4%
2005 26,030 million USD +3.5%
2006 23,650 million USD -9.1%
2007 31,444 million USD +33.0%
2008 31,022 million USD -1.3%
2009 29,404 million USD -5.2%
2010 39,482 million USD +34.3%
2011 45,683 million USD +15.7%
2012 46,100 million USD +0.9%
2013 47,716 million USD +3.5%
2014 44,401 million USD -6.9%
2015 37,924 million USD -14.6%
2016 45,847 million USD +20.9%
2017 46,949 million USD +2.4%
2018 42,785 million USD -8.9%
2019 39,840 million USD -6.9%
2020 45,222 million USD +13.5%
2021 61,446 million USD +35.9%
2022 57,233 million USD -6.9%
2023 52,938 million USD -7.5%
2024 49,149 million USD -7.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 7,261 million USD 3,389 million USD 12,301 million USD 10
1980s 12,054 million USD 8,930 million USD 16,424 million USD 10
1990s 15,352 million USD 13,001 million USD 18,541 million USD 10
2000s 24,323 million USD 16,258 million USD 31,444 million USD 10
2010s 43,673 million USD 37,924 million USD 47,716 million USD 10
2020s 53,198 million USD 45,222 million USD 61,446 million USD 5

Countries ranked near Australia and New Zealand

  1. 7 Russian Federation 71,994 million USD compare
  2. 8 Mexico 69,773 million USD compare
  3. 8 United Republic of Tanzania 21,277 million USD compare
  4. 9 Democratic Republic of the Congo 12,136 million USD compare
  5. 9 Ethiopia 49,767 million USD compare
  6. 10 Melanesia 7,462 million USD compare
  7. 11 Bangladesh 48,315 million USD compare
  8. 11 Syrian Arab Republic 7,158 million USD compare
  9. 12 Bolivia (Plurinational State of) 6,553 million USD compare
  10. 12 Italy 47,659 million USD compare
  11. 13 Thailand 45,836 million USD compare
  12. 13 Venezuela (Bolivarian Republic of) 4,746 million USD compare

See the full ranking of 249 places →

More environment data for Australia and New Zealand

All data for Australia and New Zealand →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value us$ in Australia and New Zealand?
Value added (agriculture, forestry and fishing) — value us$ in Australia and New Zealand was 49,149 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture, forestry and fishing) — value us$ recorded in Australia and New Zealand?
The highest recorded value was 61,446 million USD in 2021.
What is the lowest value added (agriculture, forestry and fishing) — value us$ recorded in Australia and New Zealand?
The lowest recorded value was 3,389 million USD in 1970.
How does Australia and New Zealand rank for value added (agriculture, forestry and fishing) — value us$?
Australia and New Zealand ranks 10th out of 200 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value us$ rising or falling in Australia and New Zealand?
Over the last ten years it is up 10.7%. The long-run trend across the full record is volatile.
Where does this Australia and New Zealand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Agriculture, Forestry and Fishing) — Value US$. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value US$ in Australia and New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 08 September 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-us/australia-and-new-zealand/

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About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
249 places, 12,769 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).