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Otago Regional GDP: Year ended March 2016
30 March 2017
Otago Regional Gross Domestic Product: Year ended March 2016
Otago
In nominal terms
(unadjusted for inflation):
• From 2011–16, Otago’s
economy increased 22.3 percent (below the national movement
of 23.8 percent). During this period, Otago’s contribution
to GDP remained unchanged at 4.3 percent.
• The
2011–16 increase was broad-based, with strong
contributions from rental, hiring, and real estate services;
owner-occupied property operation; and
construction.
• In 2014, Otago’s GDP increased 7.3
percent, primarily due to the agriculture
industry.
• In 2015, Otago’s economy increased 2.5
percent. Increases in transport, postal, and warehousing;
wholesale trade; and manufacturing helped offset the large
decrease in agriculture.
• In 2016, Otago’s GDP
increased 4.8 percent, primarily due to an increase in
fishing, forestry, and mining, which offset a decrease in
agriculture.
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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