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Regional Gross Domestic Product: Year ended March 2016
Embargoed until 10:45am  –  30 March 2017
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. The figures below are expressed in nominal terms.

Provisional estimates for the period March 2015 to March 2016 show that:

  • The GDP of 12 of the 15 regions increased. The Bay of Plenty recorded the largest percentage increase (7.7 percent), followed by Auckland (6.0 percent) and Otago (4.8 percent). The national increase was 4.1 percent.
  • The GDP of three regions decreased. Taranaki's decrease was the largest, falling 8.5 percent. The West Coast fell 2.8 percent and Southland fell 1.0 percent.
  • Of the other main urban centres, Wellington increased by 3.6 percent, narrowly exceeding Canterbury’s 3.5 percent increase.
  • Auckland’s contribution to national GDP increased to 37.2 percent in 2016. Wellington's contribution dropped slightly to 13.5 percent, Canterbury's was unchanged at 13.2 percent. The West Coast region had the smallest contribution to national GDP with 0.6 percent, slightly less than Gisborne’s 0.7 percent.
  • In 2016 Taranaki retained its position as the region with the highest GDP per capita at $71,297, followed by Wellington, $67,888, and Auckland, $58,717. The national average was $54,178.
  • New Zealand’s total GDP was $251.8 billion in 2016. The North Island contributed 77.1 percent to total GDP, compared with 22.9 percent for the South Island.

  For the period March 2011 to March 2016:

  • Marlborough had the largest increase in GDP (up 32.3 percent), followed by Canterbury (up 31.9 percent), Auckland (up 31.1 percent), and Otago (up 22.3 percent). The national increase was 23.8 percent.
  • Auckland’s contribution to national GDP rose 2.1 percentage points (to 37.2 percent).
  • Canterbury’s contribution rose 0.9 percentage points (to 13.2 percent), while Taranaki’s fell 1.0 percentage points (to 3.3 percent) and Wellington's fell 0.3 percentage points (to 13.5 percent).
  • The South Island’s contribution rose 0.3 percentage points, influenced by construction associated with the Christchurch rebuild and greater manufacturing contributions from Canterbury, Southland, and Marlborough.

New Zealand's regional economies 2016 visually presents the key measures of the 15 regional economies.

Graph, Gross Domestic Product, By Region, Year ended March 2016.

Liz MacPherson, Government Statistician
ISSN 2382-0241
30 March 2017

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