National Accounts

An annual estimation of  gross domestic product (GDP) by sector and industries including growth rates of each economic sector and their contribution to GDP.

National Accounts

National Accounts - September Quarter 2019

Note:

This is the first release of Cook Islands GDP using 2016 as the new base year for constant prices and the new benchmark year for current prices. Prior to this, the base year for constant price GDP estimates was 2006. Due to the rebase process, revisions have been made therefore, previous publications may differ to what is provided in this release.

Key facts

Gross Domestic Product: September Quarter 2019

  • GDP for September Quarter 2019 at current prices was $157.2 million. This resulted in an increase of 7.5 percent, when compared to the previous quarter.
  • At constant 2016 prices, September quarter 2019 recorded a value of $143.9 million.
  • The Services Industry contributed the largest to total GDP with a value of $125.4 million dollars (at current prices).

GDP Statistics Graph1 201903

GDP Statistics Graph2 201903 

Downloads:

Annual GDP Latest release

Key facts

In the 2018 calendar year:

NOTE:

Revisions have been made to all four quarters of the Fishing and Pearls industry, Real Estate industry and Public Administration industry for 2018, at current prices. Further revisions have also been made to industries at constant 2016 prices, for year 2018. All four quarters of Public Administrations, and last quarter of both Accommodation Services and FISIM.

These revisions have been captured in the annual 2018 GDP publication.

 

  • Annual GDP at current prices was $524.2 million. An increase of 7.8 percent when compared to 2017.
  • At constant 2016 prices, annual GDP for the year 2018 was 515.1
  • The Services Industry contributed the largest percentage share of 73 percent to total GDP (at current prices).

GDP Statistics Graph1 2018

GDP Statistics Graph2 2018

 

Downloads:

 pdfAnnual National Accounts: 2018 Report

 xlsxAnnual National Accounts: 2018 Tables

 

More Information about National Accounts

The Cook Islands National Accounts are largely based on the United Nations Systems of National Accounts 1993 (SNA93) framework. Data on gross domestic product (GDP) at current and constant prices is compiled using the production approach (one of the three GDP approaches). 2006 prices are used for deriving GDP at real or constant prices and which has been estimated for the years 2000-2011.

GDP data is published on a quartelry and annual basis (both at current and at real prices) and includes:

  • Quarterly and annual GDP
  • GDP per capita
  • Quarterly and annual growth rate
  • GDP by institutional sectors
  • GDP by industry
  • GDP by primary/secondary/tertiary sector

Data on GNI is not available.