Northland Regional GDP: Year ended March 2016

30 March 2017

Northland Regional Gross Domestic Product: Year ended March 2016

Northland

In nominal terms (unadjusted for inflation):

· From 2011–16, Northland’s economy increased 18.2 percent (below the national movement of 23.8 percent).

· The 2011–16 increase was led by primary manufacturing, followed by the owner-occupied property operation industry. The contribution of agriculture to Northland’s GDP fell 3.7 percentage points.

· In 2014, Northland’s GDP increased 8.7 percent, driven by the agriculture industry (mainly dairy cattle farming), which increased 45.1 percent.

· In 2015, Northland’s economy increased 3.0 percent, led by primary manufacturing. Agriculture (mainly dairy cattle farming) decreased 35.9 percent.

· In 2016, Northland’s GDP increased 3.9 percent, led by rental, hiring, and real estate services; owner-occupied property operation; and construction.

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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