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 2015

Release - 27 April, 2016

Key facts

Gross Domestic Product: September Quarter 2015

Read Gross Domestic Products (GDP) grew by 3.2 per cent when compared to the September quarter 2014. The main movements by industrywere in the:

  • Construction activities (up by 42.2%)due to the slight improvement in the Construction sector
  • Wholesale and Retail Trade (up by 16.1%) due to improvements in trading activities
  • Education and Health Services went up by 13.9%
  • Transport and Communications (up by 6.3%)
  • Mining and Manufacturing (up by 3.3%)
  • Restaraunts and Accomodation (up 2.6%) due to improvement in tourist accomodation activities, and
  • Public Administration (up 1.5%) with a minor increase of 0.3%in Ownership of Dwellings.

Offsetting the increses were, the FISIM services (down 38.8%), Finance and Business services (down 30.2%), Community and Persinal services (down 21.9%), Electricity and water supply (down 14.2%) and Fishing and Pearl (down 10.1%) due to slight drop in fishing activities.

Graph below shows the percentage change of GDP at constant prices from September 2014 by industry

GDP Statistics Graph 2 201503

GDP Statistics Graph 1 201503

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Annual GDP Latest release

Key facts

In the 2012 calendar year:

  • Economic activity increased in real terms by 4.4 percent.
  • Construction (up 29.7 per cent), Fishing and Pearl (up 9.8 per cent), and Restaurants and Accommodation (up 5.9 per cent) were the main drivers of growth.
  • Mining and Manufacturing (down 7.9 per cent) had the largest decline.
  • GDP per capita was $14,939 (up 1.2 percent). 

2013 GDP at current and constant prices

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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.