WSP 12 4 ECONOMICS 4.1 NATIONAL GDP, MINING GDP, MINING SECTOR EMPLOYMENT In the year ending March 2021, the size of the New Zealand economy was $325 billion with an annual growth of -2.3%9. For the same period, mining was reported as being down 19.0% annually from 3.13 billion to 2.53 billion10. These figures were later revised to 2.67 billion for to 2.18 billion, down 18.5% annually (see Figure 4-1). Figure 4-1 Gross domestic product of the mining industry in New Zealand from 2015-202111 9 (Statistics New Zealand, 2021b) 10 (Statistics New Zealand, 2021c) 11 (Statistics New Zealand, 2021a) 3492 3352 2865 3013 2691 2673 2178 0 500 1000 1500 2000 2500 3000 3500 4000 GDP in million New Zealand dollars
RkJQdWJsaXNoZXIy MjE2NDg3