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Southland Regional GDP: Year ended March 2016

30 March 2017

Southland Regional Gross Domestic Product: Year ended March 2016

Southland

In nominal terms (unadjusted for inflation):
• From 2011–16 the Southland economy increased 3.7 percent (well below the national average of 23.8 percent). During this period, Southland’s contribution to GDP fell 0.4 percentage points to 2.0 percent.
• In 2014, Southland’s GDP increased 13.5 percent, benefiting from a 50.9 percent increase in the agriculture industry (mainly dairy cattle farming).
• In 2015, Southland’s economy decreased 5.8 percent, reflecting a decline in the value of agricultural production (mainly dairy cattle farming) of 46.4 percent. This fall was partly offset by increases in several other industries, particularly manufacturing.
• In 2016, Southland’s GDP decreased 1.0 percent due to a further fall in the agriculture industry.

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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