Waikato Regional GDP: Year ended March 2016

30 March 2017

Waikato Regional Gross Domestic Product: Year ended March 2016

Waikato

In nominal terms (unadjusted for inflation):

· From 2011–16, Waikato's economy increased 20.6 percent (below the national movement of 23.8 percent). During this period, Waikato’s contribution to GDP decreased 0.2 percentage points.

· The 2011–16 increase was driven by manufacturing; rental, hiring, and real estate services; and electricity, gas, water, and waste services. However, the agriculture industry decreased 42.8 percent.

· In 2014, Waikato’s GDP increased 11.1 percent, primarily due to increases in the agriculture (mainly dairy cattle farming) and manufacturing industries.

· In 2015, Waikato’s economy increased 0.1 percent, driven primarily by a decrease in agriculture (mainly dairy cattle farming), and offset by an increase in manufacturing.

· In 2016, Waikato’s GDP increased 3.9 percent, led by increases in rental, hiring, and real estate services, and manufacturing, with agriculture continuing to fall.

Bay of Plenty and Auckland top regional GDP increases – Media release

Twelve of the 15 regional economies in New Zealand recorded nominal GDP increases in the year ended March 2016, Stats NZ said today.

Bay of Plenty and Auckland top regional GDP increases – media release

For more information about these statistics:

• Visit Regional Gross Domestic Product: Year ended March 2016

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