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National Industry Accounts: Year Ended March 2016
National Accounts (Industry Production and Investment): Year ended March 2016
This
year's release delivers an extra year of data, resulting in
more timely industry production and investment data up to
2016.
In the year ended March 2016:
• The total size of the New Zealand economy was $255 billion, in nominal terms.
• Total investment in the New Zealand economy was $59 billion.
• Service industries increased their contribution to total GDP to 66 percent (up from 52 percent in 1972). Over the same period, goods-producing industries decreased their contribution to 20 percent (down from 35 percent); primary industries contributed 5 percent in 2016 (down from 12 percent).
• Service industries increased their share of total investment to 76 percent (up from 63 percent in 1972). Over the same period, goods-producing industries decreased their share to 16 percent (down from 28 percent), and primary industries to 7 percent (down from 9 percent).
ENDS
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
Wellington Airport: On Track For Net Zero Emissions By 2028
Landcare Research: ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
NZ Anti-Vivisection Society: Auckland Rat Lovers Unite!
University of Canterbury: $1.35 Million Grant To Study Lion-like Jumping Spiders
Federated Farmers: Government Ends War On Farming
