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