Gross domestic product

Gross Domestic Product (GDP)i is a fundamental indicator of a country or sector’s economic wellbeing. GDP measures the value added in an industry or sector from the production of goods and services. It essentially measures the value of the land, labour, and capital used in the production process.

This section presents estimates of GDP for the Accountancy sector in New Zealand. for the year to March 2023 and previous years. GDP is measured in 2023 pricesi. This section also provides estimates of labour productivity for the Accountancy in New Zealand, using GDP per FTE. Growth in labour productivity over time can imply an increase in the efficiency and competitiveness.

GDP growth

GDP per FTE