Statistics release: Niue Gross Domestic Product: 2015-2016
This release or report reflects some revisions to the Niue national accounts up to 2016 with the availability of more unaudited and audited government accounts and other administrative records.
National accounts are continuously revised as new data becomes available, as well as methods and classifications evolve, particularly in the light of the Systems of National Accounts 2008 (SNA 2008).
The value of economic activity in the Niue economy in constant prices has increased since last reported for the 2014 year, revised from $24.3 million to $25.3 million in 2014 after when more data were available; a further increase of $26.3 million was seen in 2015 and @27.3 million was estimated for 2016. This equates to 4.1%, 4.0%, and 3.9% growth respectively.
In current prices for the same periods the economy has increased production from $32.7 million in 2014 to $33.7 million in 2015 and a further increase to $35.4 million in 2016.
This compilation was made possible with the PFTAC National Accounts Statistics mission conduted by Mr Russell Freeman of which Statistics Niue is most grateful.
Figures at a glance:
Table 1: GDP and GDP per capita, 2012-2016
Table 2: Contributions to GDP by Industries, 2014-2016
For more information contact the Niue Statistics Office