National Accounts - December quarter 2015

Release - 31 August 2016

Key facts

Gross Domestic Product: December quarter 2015

  • Economic activity was down 2.1 per cent in the December 2015 quarter, compared to September 2015 quarter.
  • Wholesale and Retail Trade activity was up 17.6 per cent,
  • Electricity and Water Supply, up 15.2 per cent;
  • Public Administration down 16.03 per cent.
  • Fishing & Pearl Farming 15.5 per cent
  • Restaurants & Accommodation was down 13.4 per cent respectively.

Graph below shows the quarterly percentage change over previous quarter of GDP at current and constant prices

GDP Statistics Graph1 201504


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


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.