West Coast Regional GDP: Year ended March 2016

30 March 2017

West Coast Regional Gross Domestic Product: Year ended March 2016

West Coast

In nominal terms (unadjusted for inflation):
• From 2011–16, the West Coast’s economy increased 1.1 percent (well below the national movement of 23.8 percent). During this time, the West Coast’s contribution to GDP fell 0.2 percentage points to 0.6 percent.
• The 2011–16 movement was affected by significant falls in the agriculture; and forestry, fishing, mining, electricity, gas, water, and waste industries (a combined fall of 32.7 percent).
• In 2014, the West Coast’s GDP increased 7.0 percent, driven by the agriculture industry, which more than offset the fall in forestry, fishing, mining, electricity, gas, water, and waste.
• In 2015, the West Coast’s economy decreased 5.2 percent, due to a decrease in the agriculture industry. This was partly offset by an increase in the manufacturing industry.
• In 2016, the West Coast’s GDP decreased 2.8 percent, due to continued falls in the forestry, fishing, mining electricity, gas, water, and waste industries. The West Coast remains the smallest regional economy.

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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