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Economy, jobs and prices in Wellington, New Zealand: official figures

The economy of Wellington produced NZ$51,317 million of gross domestic product (GDP) in the year ended March 2025, 11.9% of New Zealand's NZ$431,457 million. It is 3rd largest of 14 regional economies, counting only regions that Stats NZ reports separately (Stats NZ marks the latest year as provisional).

GDP (year to March 2025)
NZ$51,317 million
2025
Unemployment rate (June 2026 quarter)
4.9%
2026 Q2

What is GDP per person in Wellington?

GDP per person in Wellington was NZ$94,438 in the year ended March 2025, against NZ$81,283 for New Zealand as a whole (above by NZ$13,155). That is 2nd highest of 14 regions reported separately.

Source: Stats NZ · saved copy

How fast is the economy of Wellington growing?

GDP in Wellington fell 0.1% in dollar value in the year to March 2025, compared with 3.3% for New Zealand. Over five years since March 2020 it changed by 25.2% (New Zealand 33.4%).

Source: Stats NZ · saved copy

What are the biggest industries in Wellington?

The three largest industries by GDP in the year to March 2024 (the latest year Stats NZ publishes industry detail) were professional, scientific and technical services (14.0%); public administration and safety (12.9%); financial and insurance services (7.4%). The shares are percentages of total GDP; Stats NZ counts owner-occupied housing as a separate industry, which is not in this list.

Source: Stats NZ · saved copy

How important is farming to the economy of Wellington?

Agriculture made up 0.4% of GDP in the year to March 2024 (New Zealand 2.9%), and manufacturing 3.2% (New Zealand 8.3%).

Source: Stats NZ · saved copy

How big are health, government and construction in the economy of Wellington?

Health care and social assistance made up 6.1% of GDP in the year to March 2024, public administration and safety 12.9% and construction 5.8% (New Zealand: 7.2%, 4.4% and 7.8%).

Source: Stats NZ · saved copy

What is the unemployment rate in Wellington?

The unemployment rate in Wellington was 4.9% in the June 2026 quarter, compared with 5.4% for New Zealand and 4.2% in the June 2025 quarter. That is 5th lowest of 10 areas that Stats NZ reports separately. These are survey estimates, not seasonally adjusted (as is the national figure used here); the sampling error is about 1.1 percentage points.

Source: Stats NZ · saved copy

What percentage of people are employed in Wellington?

Wellington had an employment rate of 71.3% in the June 2026 quarter (New Zealand 66.5%; June 2025 71.8%). The employment rate is the share of people aged 15 and over who have a job. That is the highest of 10 areas.

Source: Stats NZ · saved copy

How many people are employed in Wellington?

About 321,300 people in Wellington were employed and 16,700 unemployed in the June 2026 quarter, out of a working-age population (aged 15+) of 450,700. Figures are Household Labour Force Survey estimates in thousands, rounded to 100.

Source: Stats NZ · saved copy

What is the labour force participation rate in Wellington?

The labour force participation rate in Wellington was 75.0% in the June 2026 quarter (New Zealand 70.4%). Participation is the share of people aged 15 and over who are working or looking for work. That is the highest of 10 areas.

Source: Stats NZ · saved copy

What is the underutilisation rate in Wellington?

The underutilisation rate in Wellington was 12.9% in the June 2026 quarter (New Zealand 13.4%). It counts people who are unemployed, want more hours, or want work but are not looking, as a share of the extended labour force. That is 4th lowest of 10 areas.

Source: Stats NZ · saved copy

How Wellington compares with other regions

GDP, year ended March 2025 (NZ$ million) (2025)

Wellington ranks 3 of 14, highest first. Tasman and Nelson are reported together by Stats NZ and are not ranked.

RankRegionGDP, year ended March 2025 (NZ$ million)
1AucklandNZ$161,800m
2CanterburyNZ$55,505m
3WellingtonNZ$51,317m
4WaikatoNZ$38,306m
5Bay of PlentyNZ$25,041m
6OtagoNZ$19,269m
7Manawatū-WhanganuiNZ$17,146m
Source: Stats NZ · saved copy

GDP per person, year ended March 2025 (NZ$) (2025)

Wellington ranks 2 of 14, highest first. Tasman and Nelson are reported together by Stats NZ and are not ranked.

RankRegionGDP per person, year ended March 2025 (NZ$)
1SouthlandNZ$95,061
2WellingtonNZ$94,438
3AucklandNZ$89,521
4TaranakiNZ$85,095
5MarlboroughNZ$83,484
6CanterburyNZ$79,852
7West CoastNZ$77,650
Source: Stats NZ · saved copy

GDP growth, year to March 2025 (dollar value) (2025)

Wellington ranks 14 of 14, highest first. Tasman and Nelson are reported together by Stats NZ and are not ranked.

RankRegionGDP growth, year to March 2025 (dollar value)
8Gisborne4.7%
9Hawke's Bay4.6%
10Otago4.5%
11Auckland2.1%
12Marlborough1.8%
13Taranaki0.7%
14Wellington-0.1%
Source: Stats NZ · saved copy

Unemployment rate, June 2026 quarter (2026 Q2)

Wellington ranks 6 of 10, highest first. Survey estimate for the ten regions reported separately; Gisborne/Hawke's Bay and Tasman/Nelson/Marlborough/West Coast are reported as combined areas and not ranked.

RankRegionUnemployment rate, June 2026 quarter
3Bay of Plenty5.8%
4Waikato5.5%
5Manawatū-Whanganui5.3%
6Wellington4.9%
7Southland4.7%
8Taranaki4.6%
9Canterbury3.6%
Source: Stats NZ · saved copy

Employment rate, June 2026 quarter (2026 Q2)

Wellington ranks 1 of 10, highest first. Survey estimate for the ten regions reported separately.

RankRegionEmployment rate, June 2026 quarter
1Wellington71.3%
2Canterbury69.0%
3Otago68.4%
4Southland66.5%
5Auckland66.4%
6Bay of Plenty66.3%
7Manawatū-Whanganui66.0%
Source: Stats NZ · saved copy

Underutilisation rate, June 2026 quarter (2026 Q2)

Wellington ranks 7 of 10, highest first. Survey estimate for the ten regions reported separately.

RankRegionUnderutilisation rate, June 2026 quarter
4Taranaki13.4%
5Bay of Plenty13.2%
6Manawatū-Whanganui13.0%
7Wellington12.9%
8Canterbury11.7%
9Otago11.4%
10Southland10.4%
Source: Stats NZ · saved copy

More on Wellington: overview · health · poverty and living standards · government budget · New Zealand

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