National Accounts - December Quarter 2019

Key facts

Gross Domestic Product: December Quarter 2019

  • Total GDP for December Quarter 2019 at current prices was $153.4, which decreased by 2.4 percent, when compared to the previous quarter.
  • At constant 2016 prices, December quarter 2019 recorded a value of $138.0million.
  • The Services Industry contributed the largest to total GDP with a value of $118.7 million dollars (at current prices).

GDP Statistics Graph1 201904

GDP Statistics Graph2 201904


Annual GDP Latest release

Key facts

In the 2019 calendar year:


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 2019 GDP publication.

  • Annual GDP at current prices was $575.4 million, resulting in an increase of 9.8 percent compared to 2018.
  • Total annual GDP at constant prices was $539.7
  • The services industry contributed the largest share to total GDP with a contribution of 78.7 percent.

Annual GDP Graph1

Annual GDP Graph2


 pdfAnnual National Accounts: 2019 Report

 xlsxAnnual National Accounts: 2019 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.