National Accounts - March 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
Quarterly GDP Highlights – March Quarter 2019:
- Gross Domestic Product (GDP) for March Quarter 2019 at current prices was $118.6 million, a decrease of 15.1 percent when compared to December quarter 2018.
- At constant 2016 prices, March quarter 2019 recorded a value of $115.5 million.
- The Services Industry contributed the largest to total GDP with a value of $95.1 million dollars (at current prices).
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