National Accounts - March Quarter 2020
Key Facts:
In the March 2020 quarter compared to December 2019 quarter:
- Cook Islands economy – down 9.5 percent
- service industries – down 11.7 percent but still remain the highest contributor of 83.7 percent
- primary industries – down 2.1 percent
- goods-producing industries – down 4.2 percent
- annual GDP growth in the year to March – up 12.9 percent.
- CurrentGDP for March Quarter 2020 totalled $138.9 million compared to $153.4 million in December 2019
- In real prices March quarter 2020 recorded a value of $119.9 millioncompared to $138.0 million in December 2019.
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