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Mining industry GDP New Zealand 2015-2020

New Zealand’s mining sector contributes significantly to its economy. In the year ended March 2020, the gross domestic product (GDP) of the mining industry amounted to approximately 3.1 billion New Zealand dollars. Resources such as coal, iron ore, gold, and silver are mined by the thousands of people directly employed in that industry.

Coal mining

Coal is found in specific regions of the country including Waikato and Taranaki in the North Island, and the West Coast, Otago, and Southland in the South Island. West Coast mines were responsible for the largest amount of coal produced in the country. Coal is used as a primary energy source in New Zealand, however, a large volume of the coal mined was exported. Coal exports have been declining over the past seven years, with the production volume of coal significantly lower compared to a decade ago.

New Zealand’s gold rush

While New Zealand’s gold production fell well short of its neighbor Australia, the country was still among the leading gold mining nations in the Asia Pacific region. The Macraes Mine, located in the South Island of New Zealand, produced the highest volume of gold in 2018. Nevertheless, gold production has decreased overall in the country over the last decade.

Gross domestic product (GDP) of the mining industry in New Zealand from 2015 to 2020

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Source

Release date

June 2020

Region

New Zealand

Survey time period

2015 to 2020

Special properties

years ended March

Supplementary notes

Source: Stats NZ and licensed by Stats NZ for re-use under the Creative Commons Attribution 4.0 International license.

Actual chain-volume series expressed in 2009/10 prices.

One New Zealand dollar is equal to 0.66 U.S. dollars and 0.58 euros (as of July 2020).

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