» Economic Profile » Economy » GDP


GDP (gross domestic product) is defined as the monetary value of all the goods and services produced by an economy over a specified period.  It includes consumption, government purchases, investments, and exports minus imports. In practice GPD is equal to the sum of wages, salaries, profits and operating surplus arising from all economic activity in the industry and/or region (BERL).

BERL has been monitoring Central Otago’s GDP for over 15 years. (Source: BERL, 2011 All figures are in 2010$. ) Business services and primary (including agriculture, horticulture and viticulture) are the sectors that make the biggest contribution to the Central Otago economy.  

Since 1994 the total GDP of the district has increased from $446M to $796M, a real increase of 80%. In this time the local economy has outperformed the national economy, especially over the last 5 years.

Business Directory
Business Groups & Organisations
There are a range of business groups and organisations in Central Otago for networking, advice and business support. Find out details of when and where they meet and how you can contact them. Read More

Economic Development Strategy
The Economic Development strategy’s key purpose is to help the Central Otago community focus on issues that impact on our economic and social well-being, and to suggest some of the actions we can take over the next few years to address them. Read More
Central Otago Food & Wine
Central Otago Food & Wine Central Otago is a place of sheer indulgence – whether it’s fine dining, a casual al-fresco lunch or café culture. You will be spoilt for choice when enjoying local fare and award winning wines at the great selection of cafés, restaurants, cellar doors and country pubs. Read More

Central Otago Towns
Central Otago Towns To travel to Central Otago is to journey into New Zealand’s golden heartland. Its many towns and settlements are founded on the pioneering spirit and back-breaking toil of farming run-holders and adventure-seeking gold miners. These places lie nestled amid the grandeur of towering mountain ranges, stunning rocky tors, sweeping plains, valleys, gorges and meandering and mighty rivers. Read More

Cycle Central Otago
Cycle Central Otago The entire region is criss-crossed with smaller cycling and mountain biking trails for the adventurous or the leisure cyclist and there are lengths to suit any time you might have available. Whether you’re looking to take a holiday with the family, a weekend with friends or a romantic escape, cycling in Central Otago offers something different and memorable. Read More
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