CENTRAL OTAGO - LATEST FIGURES
Central Otago Economy Central Otago experienced a 4.2% increase in filled jobs over the March 2018 year with 510 new positions created, according to the latest report from Infometrics.
Job growth in the district is now accelerating at the fastest pace since 2009, led by the construction industry, administrative and support services and agriculture, horticulture and viticulture. Professional, scientific and technical services are also reflected in the figures as an emerging growth industry for Central Otago.
The buoyant job market was accompanied by an expansion of Central Otago’s economy, with a 4.3% increase in GDP for the March 2018 year, compared to national growth of 3.2%. Agriculture, horticulture and viticulture are our leading industries followed by construction. The tourism industry is growing with the industry contributing to 8.7% of Central Otago’s GDP compared with 8.2% ten years ago.
Economic output in Central Otago district's tourism industry increased by 11% in 2018, compared with a 8.1% increase in New Zealand. Our population has also experienced its highest rate of growth in the last year since 2003 (3.4%) with our resident population now at 21,000. For the full report, please click on the following link:
View the Central Otago Infometrics Profile