Queenstown-Lakes District economic profile

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Growth in productivity: Queenstown-Lakes District

Productivity is a way of describing efficiency of production. Overall productivity is influenced by a number of factors such as labour and production inputs (eg machinery, technology and land).

This section measures labour productivity in the Queenstown-Lakes District and national economy using GDP per employed person (in constant 2020 prices) as a proxy for productivity. Growth in labour productivity over time can imply an increase in the efficiency and competitiveness of the economy.

Comparisons of labour productivity over time or between regions should be done with caution, as each worker may have different levels of access to other production inputs (such as machinery, technology, and land) over time or between regions whose economies have vastly different industrial structures.


Productivity growth over various time periods