National Accounts - December Quarter 2020
Key Facts:
In the December 2020 quarter compared to the September 2020 quarter:
Current GDP for December Quarter 2020 totalled $106.8 million compared to $112.6 million in September 2020
In real prices December quarter 2020 recorded a value of $85.4 million compared to $95.0 million in September 2020.
Cook Islands economy (at nominal prices) decreased by 5.2 percent when compared to September quarter 2020.
Service industries – up by 1.3 percent
Primary industries – up by 1.2 percent
Goods-producing industries showed the only decrease - down 25.2 percent due to the growth in construction activities during this period.
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