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
- GDP for September quarter 2018 at current prices was $146.2 million, that is an increase of 12.8 percent from the GDP recorded during the June quarter of 2018.
- At constant 2016 prices, September quarter 2018 recorded a value of $135.8 million, an increase of $10.4 million dollars when compared to the June quarter 2018.
- The Services Industry contributed the largest to total GDP with a value of $114.2 million dollars (at current prices).
Downloads:
Quarterly National Accounts: September Quarter 2018
Quarterly National Accounts: September Quarter 2018- Tables
Annual GDP Latest release
Key facts
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Total gross domestic product for the year 2017, at current prices, was $486.4 million.
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At constant 2016 prices, total GDP for 2017 recorded a value of $487.5 million.
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At current prices, the agriculture and fishing sector contributed a share of 2.9 percent to total GDP while the industry sector contributed 7.7 percent. The remaining, which was the largest, was contributed by the services sector
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With an estimated total population of 17,000 in mid-2017, GDP per capita was $28,613.
Downloads:
Annual National Accounts 2017 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.