MBIE’s latest territorial authority GDP estimates shows widespread regional economic growth
On: 10 May 2018
The latest release of MBIE’s experimental Modelled Territorial Authority Gross Domestic Product (MTAGDP) estimates shows growth in 64 out of 66 territorial authorities in the year to March 2017. The MTAGDP series aligns with StatsNZ’s Regional GDP series for 15 regional council areas. It also provides a breakdown of territorial authority GDP by industry sectors for the years 2000 to 2016.
MBIE has provided a summary of key results with the latest release, highlighting exceptional areas of growth, such as Queenstown-Lakes which has experienced +68.5 percent GDP growth over the five years from 2012 to 2017.
The MTAGDP estimates provide robust, readily available regional economic data at the territorial authority level, supporting research and policy development by more finely distinguishing between the different regions of New Zealand. The series has been released annually by MBIE since 2015. It is available online in MBIE’s Regional Economic Activity Tools and in its own interactive web tool on the MBIE website.
To view the results, the data for download, and tools to explore the data visually, visit the MTAGDP section of our website.