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Regional Gross Domestic Product: Year ended March 2015
Embargoed until 10:45am  –  09 March 2016
Key facts

Regional gross domestic product (GDP) is a geographic breakdown of national-level GDP, which is New Zealand's official measure of economic activity.

Provisional estimates for the year ended March 2015 (in nominal terms):

  • Auckland had the largest GDP increase, at $5.7 billion (6.9 percent). This was followed by Canterbury, at $2.3 billion (7.3 percent), and Wellington, at $1.2 billion (3.7 percent). The national increase was $8.7 billion (3.7 percent).
  • Southland recorded the largest GDP decrease at $0.5 billion (9.9 percent). This was followed by Waikato, at $0.4 billion (2.2 percent), and Taranaki, at $0.3 billion (3.3 percent).
  • Auckland contributed the most to New Zealand’s GDP (36.6 percent), followed by Canterbury (13.6 percent) and Wellington (13.5 percent).
  • Canterbury became the country’s second-largest economy, behind Auckland and narrowly ahead of Wellington.
  • The West Coast made the smallest contribution (0.7 percent).
  • Taranaki had the highest GDP per capita ($75,941), followed by Wellington ($65,974) and Auckland ($56,997). Northland had the lowest GDP per capita ($35,103). The national average was $52,953.

For the period March 2010 to March 2015:

  • Auckland had the largest increase in GDP, at $19.8 billion (29.0 percent). This was followed by Canterbury, at $8.9 billion (37.2 percent), and Wellington, at $5.3 billion (19.5 percent). The national increase was $46.9 billion (24.2 percent).
  • Auckland’s contribution to national GDP rose 1.4 percentage points (to 36.6 percent).
  • Canterbury’s contribution rose 1.3 percentage points (to 13.6 percent), while Taranaki’s fell 0.6 percentage points (to 3.6 percent) and Wellington's fell 0.5 percentage points (to 13.5 percent).
  • The South Island’s contribution rose 0.8 percentage points, influenced by construction associated with the Christchurch rebuild and greater manufacturing contributions from Canterbury, the West Coast, Tasman and Nelson, and Marlborough.

New Zealand's regional economies 2015 visually presents the key measures of the 15 regional economies.

Graph, Gross domestic product by region, year ended March 2015.

Liz MacPherson, Government Statistician
ISSN 2382-0241
9 March 2016

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