Gross Domestic Product December 2016 Quarter Overview 13th April 2017 Special points of interest: GDP Growth 2.8% GDP at Constant 2009 Prices (real) - WST $475.9 million GDP at Current Prices (nominal) - WST $539.5 million Economic activities as measured by Gross Domestic Product (GDP) grew by 2.8% in the December 2016 quarter. This follows nine consecutive quarters of positive growths. This was consequent on the effort put forward by government, businesses and individuals in trying to recover some of the industries which recorded poor performances in the corresponding quarter of 2015 as well as major events held in the period which generated economic activities. The positive growth is considered a significant achievement given the decline in value added for some of the biggest contributors to Samoa’s economy. GDP Growth: Gross Domestic Product for the December 2016 Quarter at constant 2009 prices amounted to $475.9 million, increasing by 2.8% compared to the Inside this issue: December 2015 quarter. This follows revised growth rates of 5.3% and 5.6% each in September 1 Introduction & Overview and December quarters of 2015, and the 10.9%, % points contribu- 1-2 7.1% and 3.3% in March, June and September quartion to growth ters of 2016. GDP Levels 2-3 GDP Composition 2-3 12 Months Review 3 GDP Quarterly performance 410 Background & New Developments 11 Annex—GDP by Industry main tables Chart 1 shows GDP at constant prices from December 2013 to December 2016 as well and the accompanied year-on-year (y-o-y) economic growth rates as measured by their percentage change on the same quarter of the previous year. According to the chart, the economy has now recorded ten consecutive quarters of positive growth. March 2016 recorded a significantly high growth rate as a result of activities related to the Samoa General Election which was held in that period. In terms of aggregate value added, the $475.9 million recorded in December 2016 was the second highest quarterly value added since the series began in 2007. The increase in the overall level of economic activity in the period under review was a result of a mix of performances by the various sectors with the primary and services sector being the main drivers behind the increase. Chart 2: Percentage-point contributions to GDP growth by industry; Dec 2016 Quarter Chart 1: Total GDP at constant prices & growth rates, Dec 2013—Dec 2016. Chart 2 illustrates the percentage-point contribution of each industry to the overall growth of 2.8% in the Overview cont’d December 2016 quarter. Industries that made the largest contributions to the overall growth were Agriculture (1.3%), Personal & other services (1.0%), Other manufacturing (1.0%), Financial services (0.7%), Business services (0.6%) and Fishing (0.3%). The notable performance by the Agriculture sector reflects the ongoing commitment by government, the business community and individuals not only to revive agriculture production but also to promote food security in the country. The sector recovered remarkably in the period recording a 20.6% increase following ten consecutive quarters of negative growths. Personal & other services and Other manufacturing were the second and third biggest contributors to growth with y-o-y growth rates of 20.9% and 19.9% respectively. The outturn by Personal & other services was driven by the increase in sporting activities, education, arts and recreation. Other manufacturing’s value added went up as a result of the increased production of locally made products such as tobacco and construction materials. The increase in Financial services value added by 17.9% indicates the high demand for financial intermediation such as central banking, financial leasing, insurance and other activities auxiliary to financial intermediation. The industry’s value added in the period was the highest quarterly level to be achieved in the last nine years. Business services has now recorded three consecutive quarters of positive growth, increasing by 24.7% on a y-o-y basis. Fishing industry went up by 8.3% when compared to December 2015, but dropped by 16.6% when compared to the previous quarter (September 2016). negative growth since the -8.9% in March 2014. This was driven by the decrease in activities of travel agencies, cargo handling and storage & warehousing. Commerce industry fell 1.0% following a 11.8% increase in the previous quarter. Despite the industry's negative y-o-y performance, its value added was still high being the third highest ever recorded by the industry. Public Administration dropped by 3.9% following two consecutive quarters of negative growths. GDP at Current Prices (Nominal): Gross Domestic Product for December 2016 quarter at current market prices or nominal prices stood at $539.5 million. This was an increase of 5.1% compared to December 2016 quarter. This follows revised growth rates of 7.7%, 7.7% and 5.3% in March, June and September of 2016 respectively. Major contributors to this increase were Personal & other services, Business services, Financial services, Commerce and Public Administration with contributions between the range of 0.3—1.0 percentage points in nominal terms. GDP per capita in the December 2016 quarter amounted to $2,768, increasing by 4.3% when compared to the December 2015 quarter. Nominal GDP declined by 2.0% when compared to September 2016. GDP Composition (in Current Prices): Chart 3: Composition of GDP; December 2016 Quarter However, industries that contracted in the period and contributed negatively to overall growth were Construction, Communication, Transport, Commerce and Public Administration recording contributions of –0.9, -0.5, -0.4, -0.3 and – 0.3 percentage points respectively. Construction continues to decline, registering a -8.1% in December 2016. This was consistent with the completion of some of the major infrastructural and construction works carried in the year 2015. Communication has now recorded two consecutive quarters of negative performances due to decreasing demand for communication services in the period. Transport fell 7.5% in the December 2016 quarter, the first Page 2 The industry composition of GDP at current market prices in the December 2016 quarter is shown in Chart 3. The largest sector was the Tertiary or the Services sector comprising a G R O S S D O M E S T I C P R O D U CT DE C E M B E R 2 0 1 6 Overview cont’d total share of 57.7% of aggregate GDP, decreasing by 1.3% compared to its share in December 2015. Secondary or goods-producing sector remained the second largest with a total share of 23.4%, declining by 1.1% compared to the same period of the previous year. The decrease in the sector was mainly driven by the poor performances by Construction, Electricity & Water and Food & Beverage manufacturing, dropping their shares by .9%, 0.8% and 0.2% respectively. It should be noted however, that whilst the current price valueadded from the Electricity & Water declined, in terms of constant prices output increased by 2.5%, mainly due to the price effects. The Primary sector recorded a share of 11.0%, widening its share by 2.6% compared to the December 2015 quarter, this was consistent with the increases of 1.7% and 0.9% in Fishing and Agriculture shares respectively. The Public Administration sector produced a share of 7.9%, it went down by –0.1% over the same period of 2015. According to Chart 4 above, GDP has now recorded positive growth four times in a row from 2013—2016 registering an average annual growth rate of 2.8% over the four years. In the year ended December 2012, aggregate GDP value added dropped by 2.3%; this was the first negative yearly performance since the –4.1% in the year 2009 at the height of the global economic crisis. The 5.8% in the year 2016 was the highest annual increase since the series began in 2007. The performance in the year ended December 2016 reflects major events such as the General Election in March 2016 which generated economic activities in the economy as well as the recovery noted in other industries. As a result, Commerce the biggest contributor to GDP was the highest contributor with a share of 2.7 percentage points to overall annual growth of 5.8%. Personal & Other services was the second largest contributor with a 0.8 percentage points, followed by Transport, Fishing and Financial Services with contributions of 0.5 percentage points each. Chart 5: Percentage-point contributions to GDP growth by industry; year ended December 2016 Twelve Months Review: (Jan16 - Dec 2016) GDP for the year ended December 2016 (Jan 16- Dec 16) at current market prices was $2,109 million. This was 6.4% higher than the total value added of $1,982.3 million recorded in the year ended December 2015. At this level, GDP per capita stood at $10,821, increasing by 5.6% from the year 2015. At constant 2009 market prices, value added was $1,869.8 million, increasing by 5.8% compared to the year ended December 2015. Chart 4: Percentage change over the previous year in constant prices for the years ended December, 2012 - 2016. Chart 5 above shows the percentage-point contribution of each industry to the overall annual growth of 5.8% in the year ended December 2016. Communication, Public Administration and Construction all recorded negative contributions of 0.1, 0.1 and 0.3 percentage points each in the year ended December 2016. Page 3 G R O S S D O M E S T I C P R O D U CT DE C E M B E R 2 0 1 6 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 31,617 42,042 42,244 0.5 33.6 30,007 32,100 36,203 12.8 20.6 Contribution to aggregate (y-o-y) real growth rate: percentage points -0.6 -0.1 1.3 Contribution to aggregate nominal GDP: percent 6.2 7.6 7.8 AGRICULTURE Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) Chart 6: Percentage change in Agriculture real value added; Dec 2012– Dec 2016 Agriculture generated a total value added of $36.2 million in real terms in the December 2016 Qtr, increasing by 20.6% compared to the December 2015 quarter. This ends ten consecutive quarters with negative growth rates and representing the best y-o-y performance by the sector since March 2014. The sector was the leading contributor to overall quarterly GDP growth with a contribution of 1.3%, increasing its share to aggregate GDP from 6.2% in December 2015 to 7.8% in December 2016. The sector’s performance was in line with the notable increase in the quantities of agricultural produce supplied to the markets and stalls around the country compared to its corresponding quarter of 2015. Supplies for most of these major crops were either more than double or triple their volumes reported in December 2016. Moreover, Taro exported in the period also went up 46.7%. These reflect the commitment by everyone involved to develop agriculture production and to promote food security. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 11,805 17,129 17,305 1.0 46.6 Value added (constant 2009 prices) 17,038 22,128 18,449 -16.6 8.3 Contribution to aggregate (y-o-y) real growth rate: percentage points 1.0 -0.2 0.3 Contribution to aggregate nominal GDP: percent 2.3 3.1 3.2 FISHING Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Chart 7: Percentage change in Fishing real value added; Dec 2013– Dec 2016 Fishing value added amounted to $18.5 million at constant 2009 prices for the December 2016 quarter. This was 8.3% higher than the $17.0 million produced in the same quarter of 2015. The industry contributed a positive 0.3 percentage points to the overall quarterly growth of GDP and having a share of 3.2% to total GDP. The favorable performance by the industry was consistent with an increase in the export of fish by 48.3% to markets in USA, American Samoa etc (as reported by CBS). Also inshore landing (MAF survey) shows that the quantity supplied at the markets within the country was 26.8% higher than its volume supplied in December 2015. ISSUE 13 Page 4 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 22,251 21,291 22,489 5.6 1.1 17,241 17,177 18,637 8.5 8.1 Contribution to aggregate (y-o-y) real growth rate: percentage points 0.5 0.2 0.3 Contribution to aggregate nominal GDP: percent 4.3 3.9 4.2 FOOD & BEVERAGE MANUFACTURING Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) Chart 8: Food & Beverage Manufacturing quarterly value added at constant prices & % change over the same period of the previous year; Dec 201– Dec 2016 Food and Beverage Manufacturing contributed a total value added of $18.6 million in real terms, increasing by 8.1% compared to the December 2015 quarter. This industry has now recorded six consecutive quarters of positive growths. The positive outturn of the industry reflects the increased production of some of its major products such as soft drinks, which more than double its volume produced in December 2015 (up by 221.3%). Export of manufactured food also went up by 13.3% over its corresponding quarter last year. Employment in the industry recorded a notable increase of 29.4%. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 27,928 34,820 33,496 -3.8 19.9 24,423 30,737 28,945 -5.8 18.5 Contribution to aggregate (y-o-y) real growth rate: percentage points -0.2 0.2 1.0 Contribution to aggregate nominal GDP: percent 5.4 6.3 6.2 OTHER MANUFACTURING Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) Chart 9: Contribution to change in Other Manufacturing real value added; Dec 2013– Dec 2016 Other Manufacturing generated a total value added of $28.9 million at constant 2009 prices in the period under review. It went up by 18.5% compared to the same quarter of 2015. The industry was the second largest positive contributor to the overall quarterly GDP growth with a recorded contribution of 1.0 percentage points. It also managed to steal 6.2% share of total GDP. The performance by the industry was apparent of the increased production of locally made products such as tobacco and construction materials. ISSUE 13 Page 5 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 55,661 50,052 53,506 6.9 -3.9 53,673 46,794 49,306 5.4 -8.1 Contribution to aggregate (y-o-y) real growth rate: percentage points 2.4 -1.3 -0.9 Contribution to aggregate nominal GDP: percent 10.8 9.1 9.9 CONSTRUCTION Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) Chart 10: Construction quarterly value added at constant prices & % change over the same period of the previous year; Dec 2013– Dec 2016 In real terms, Construction was down by 8.1% on a year on year basis, registering a total value added of $49.3 million in the reviewed period. This was the third consecutive quarter of negative performances by the industry. It contributed a negative 0.9 percentage points to overall quarterly growth of GDP. The performance in the December 2016 quarter was evident of the completion of the numerous infrastructural and construction works carried out in the year 2015. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 20,099 18,166 16,670 -8.2 -17.1 17,403 18,965 17,907 -5.6 2.9 Contribution to aggregate (y-o-y) real growth rate: percentage points -0.5 0.4 0.1 Contribution to aggregate nominal GDP: percent 3.9 ELECTRICITY AND WATER Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) 3.3 3.1 Chart 11: Contribution to change in GDP at constant 2009 prices, Dec 2013– Dec 2016 As it stood, Electricity and Water industry registered a value added of $17.9 million at constant 2009 prices in December 2016. This was an increase of 2.9% compared to the corresponding period of 2015. The favorable performance by the industry was in line with an increase in the production of electricity by 10.5% compared to its production in the same quarter of 2015. This positive growth was a combination of the electricity produced by Diesel and Solar which both recorded respective increases of 12.7% and 55.2%. The industry also managed to take out a share of 3.1.% of total GDP. ISSUE 13 Page 6 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 165,214 173,551 167,022 -3.8 1.1 150,184 156,166 148,728 -4.8 -1.0 Contribution to aggregate (y-o-y) real growth rate: percentage points 2.7 3.5 -0.3 Contribution to aggregate nominal GDP: percent 32.2 COMMERCE Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) 31.5 31.0 Chart 12: Commerce quarterly real value added & % change over the same period of the previous year; Dec 2013– Dec 2016 The Commerce industry recorded a real value added of $148.7 million in the reviewed period, decreasing by 1.0% over the December 2015 quarter. The industry was also one of the negative contributors to the overall quarterly change with a –0.3 percentage points contribution to overall growth. Its share to total GDP was 31.0%. The negative y-o-y performance by the industry correlates with a 15.4% decline in VAGST collected in period. However, this was expected considering the rise in wholesaling and retailing activities in December 2015 partly due to preparations for the Election in March 2016. Despite the industry's negative y-o-y performance, its value added was still high being the third highest ever recorded by the industry. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter Value Added (current prices) 10,466 12,896 10,910 -15.4 4.2 Value added (constant 2009 prices) 9,402 11,577 9,708 -16.1 3.3 Contribution to aggregate (y-o-y) real growth rate: percentage points 0.5 -0.2 0.1 Contribution to aggregate nominal GDP: percent 2.0 2.3 2.0 ACCOMMODATION AND RESTAURANTS % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Chart 13: Accommodation & Restaurants, percentage change in real value added over the same period of the previous year; Dec 2013– Dec 2016 Accommodation and Restaurants registered a total value-added of $9.7 million at constant 2009 prices, an increase of 3.3% compared to December 2015. When compared to the September 2016 quarter, total value-added decreased significantly by 16.1%. This reflects the high valueadded recorded by the industry in the previous quarter which was mainly influenced by the Teuila Festival in that period. The increase in the yo-y performance reflects an upturn in visitors coming over for businesses, sports and other purposes apart from visiting families and friends and for holiday. This was expected given the continuous expansion and improved accommodation facilities and services offered to all those that utilize such services. Page 7 ISSUE 13 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 25,082 29,370 24,080 13.5 -4.0 22,386 25,734 20,697 -19.6 -7.5 Contribution to aggregate (y-o-y) real growth rate: percentage points 0.4 0.4 -0.4 Contribution to aggregate nominal GDP: percent 4.9 TRANSPORT Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) 5.3 4.5 Chart 14: Transport quarterly growth rates with total value added at constant 2009 prices, Dec 2013– Dec 2016 The value added of the Transport industry at constant 2009 prices stood at $20.7 million for the period under review, decreasing by 7.5% over December 2015. This was translated into a contribution of negative 0.4 percentage points to the overall GDP growth. The poor performance by the industry was driven by the decline in activities of travel agencies, cargo handling and storage & warehousing. This was the first negative y-o-y performance by the industry following ten consecutive quarters of positive growths. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 23,264 20,259 20,905 -14.6 -10.1 19,312 16,969 17,118 -13.4 -11.4 Contribution to aggregate (y-o-y) real growth rate: percentage points 0.0 -0.6 -0.5 Contribution to aggregate nominal GDP: percent 4.5 COMMUNICATION Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) 3.7 3.9 Chart 15: Communication percentage change in real GDP from the same quarter of the previous year, Dec 2013– Dec 2016 Real value added by the Communication industry stood at $17,1 million, dropping by 11.4% compared to the December 2016 quarter. The industry was the second largest negative contributor to real GDP growth, contributing a –0.5 percentage points. When compared to the September 2016 quarter, the industry further declined by 13.4%. The current quarter was the second lowest ever recorded since June 2014 when it recorded a value added at constant prices of $15.2 million. ISSUE 13 Page 8 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 11,044 15,239 13,704 0.3 24.1 10,852 15,456 13,536 0.2 24.7 Contribution to aggregate (y-o-y) real growth rate: percentage points -0.9 0.2 0.6 Contribution to aggregate nominal GDP: percent 2.2 2.8 2.5 BUSINESS SERVICES Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) Chart 18: Business Services, % change in value-added at constant 2009 prices from Dec 2013– Dec 2016 In December 2016, the industry contributed a positive 0.6 percentage points to total GDP. Value added at constant prices stood at $13.5 million increasing by 24.7% compared to December 2015 and again went up by 0.2% when compared to September 2016. The y-o-y performance was reflective of the growing number of high value added professional services such as legal and accountancy firms, business management consultancy, real estates and other professional services becoming available in the country, and the increasing demand for such services. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 24,626 26,525 29,877 1.2 21.3 22,166 26,610 26,795 0.7 20.9 Contribution to aggregate (y-o-y) real growth rate: percentage points 0.4 0.6 1.0 Contribution to aggregate nominal GDP: percent 4.8 PERSONAL & OTHER SERVICES Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) 5.4 5.5 Chart 19: Personal & Other Services quarterly value added at constant prices & % change over the same period of the previous year; Dec 2013– Dec 2016 Personal & Other Services recorded a total value-added of $26.7 million in real terms. On a year on year basis, industry’s outturn grew by 20.9% compared to its value added in December 2015 quarter. The industry contributed a 1.0 percentage points to the overall performance. This was mainly driven by the increase in sporting activities, education, arts and recreation. Personal & other services have continued to contribute significantly to the Samoan economy as a result of economic structural changes together with the change in people’s lifestyle. ISSUE 13 Page 9 Individual Industry Quarterly Performance GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 41,180 41,432 42,594 2.2 3.4 33,197 32,213 31,908 -2.8 -3.9 Contribution to aggregate (y-o-y) real growth rate: percentage points 0.2 -0.2 -0.3 Contribution to aggregate nominal GDP: percent 8.0 PUBLIC ADMINISTRATION Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) 7.5 7.9 Chart 16: Contribution to % change in Public Administration real value added from the same quarter of the previous year, Dec 2013– Dec 2016 In nominal terms, the industry recorded a total value added of $42.6 million, registering a 3.4% increase over the same period of last year. Public Administration generated a total value added of $31.9 million in constant 2009 prices for the period under review; this was down by 3.9% compared to the December 2015 quarter. As a result, the industry contributed a negative 0.3 percentage points to the overall quarterly growth rate. GDP Dec 2015 Quarter GDP Sept 2016 Quarter GDP Dec 2016 Quarter 24,351 26,901 26,464 -1.8 8.5 17,226 19,964 20,317 1.6 17.7 Contribution to aggregate (y-o-y) real growth rate: percentage points -0.2 0.5 0.7 Contribution to aggregate nominal GDP: percent 4.7 4.9 4.9 FINANCIAL SERVICES Value Added (current prices) % change from % change from Sept 2016 quar- Dec 2015 quarter (q-o-q) ter (y-o-y) WST (thousands) Value added (constant 2009 prices) WST (thousands) Chart 17: Financial Services value added at constant prices & % change over the same period of the previous year; Dec 2013– Dec 2016 Finance Services value added increased by 17.7% in real terms compared to the same period of 2015. The increase was equivalent to an additional $3.1 million in aggregate value–added. Total value added for the period under review stood at $20.3 million. The industry recorded a 0.7 percentage-points contribution to change and accounted for a 4.9% share of total GDP. The continuous growth and development in the industry is reflected in the forth consecutive quarters of positive performance. This was primarily due to the increased in activities auxiliary to financial intermediation in the period. This was also inline with the 40% increased in employment compared to the same quarter of 2015. ISSUE 13 Page 10 NATIONAL ACCOUNTS REVISIONS & NEW DEVELOPMENTS INTRODUCTION The compilation of national accounts statistics is a dynamic process, and therefore needs to adapt to reflect a variety of measures and indicators consistent with developments and structural changes in the economy over a period of time. It is therefore expected that revisions and updates are made to the historical series on a quarterly or annual basis as new data sources are brought into the model and as various benchmarks and assumptions are validated and updated. This quarterly report is the thirteenth release of the new quarterly series of GDP estimates at constant 2009 prices. This report is an ongoing publication and can also be downloaded from our website www.sbs.gov.ws. REVISIONS This update incorporates revisions to estimates of value-added for all quarters of 2016 and two quarters of 2015, September and December. Incorporation of the latest available VAGST and employment data for the related periods attributed to the change expected at the end of every year. The revisions started from the September 2015 quarter to the September 2016 quarter and this publication provides the revised numbers for all the industries that are affected by this change. GDP per capita have been revised to reflect the latest intercensal estimates as published by the Bureau, however, the estimates for the year 2012 onwards are subject to revisions pending the final population count for the year 2016 in August 2017. Please note that the quarterly GDP estimates for some industries in the December 2016 quarter are subject to revisions and may change in the next publication, when actual numbers become available from the sources. ABOUT GROSS DOEMSTIC PRODUCT Gross domestic product (GDP) is Samoa’s official measure of economic growth. GDP is compiled and published using the production approach, this approach measures the total value of goods and services produced in Samoa, after de-ducting the cost of goods and services used in the production process. This is also known as the value-added approach. Broad industry groups: The GDP tables attached to this report follows the broad groupings based on the International Standard Industry Classification (ISIC), Revision 3.1. Classification of economic activity is important in the determination of the extent and nature of the information collected and the quality of the data compiled. primary industries (agriculture and fishing) secondary or goods-producing industries (manufacturing, construction, electricity & water); tertiary or service industries (wholesale trade; retail trade and accommodation; transport, postal, and warehousing; information media and telecommunications; finance and insurance services; rental, hiring, and real estate services; professional, scientific, technical, administrative, and support services; public administration and safety; education and training; health care and social assistance; arts, recreation, and other services). NEW DEVELOPMENT Rebasing The rebasing of the whole national accounts estimates will take place this year, so further revisions are to be expected once the Rebasing takes place. This will incorporate the latest available information from the year 2013 such as the Household Income and Expenditure Survey, the Business Activity Survey and other benchmark information. Initial work has already been conducted to ensure a smooth transition in the Rebasing Period. SBS Vision: “To strengthen Statistical services for the development of Samoa” National Accounts & Finance Statistics Division FMFM II Building, Level 2 PO Box 1151 Apia, Samoa Phone: (685) 62006 / 29326 Fax: (685) 24675 E-mail: [email protected] Table 1(a): GDP by Industry – Current Prices Agriculture Fishing Food & Beverages manufac turing 2012 128,605 44,982 69,128 131,088 2013 140,920 40,360 71,590 2014 122,151 57,630 2015 128,594 57,619 2016 160,383 61,304 Other manufac Construction turing Accommodati on & Restaurants Electricity and water Commerce 202,051 79,450 561,173 35,749 130,037 206,840 77,008 602,792 25,970 76,990 117,556 196,798 93,967 622,868 77,294 119,643 205,051 83,165 610,212 82,407 124,166 203,799 75,656 654,279 Ownership of Personal and dwellings other services Less: Total Value added Enterprise at market prices share of FISIM Communication Public adminis tration Financial Services Business Services 70,745 66,340 140,278 65,600 64,629 101,863 93,096 -20,800 1,833,977 59,733 74,156 139,284 76,004 54,805 104,490 79,417 -24,099 1,859,306 29,990 75,107 73,387 147,045 72,548 60,128 105,995 92,573 -23,003 1,921,730 38,334 94,461 92,623 159,970 81,727 52,970 106,867 99,687 -25,913 1,982,303 41,789 104,303 91,907 167,125 97,347 54,582 106,471 114,336 -30,866 2,108,986 Transport Annual (000's Tala) Quarterly (000's Tala) Dec-12 28,887 12,625 14,966 31,866 50,594 20,759 147,306 10,162 12,639 18,871 33,911 15,800 14,854 25,736 20,361 -5,010 454,327 Mar-13 38,373 7,949 17,503 30,504 45,808 19,686 148,641 4,994 15,367 18,562 34,343 17,679 13,474 25,982 19,190 -5,606 452,449 Jun-13 36,400 8,829 17,561 33,759 48,173 18,975 150,195 6,297 14,383 17,901 34,676 18,046 12,868 26,043 20,577 -5,722 458,960 Sep-13 35,954 12,550 17,660 34,216 55,764 19,269 153,367 6,259 15,490 19,069 35,139 20,149 14,516 26,210 20,927 -6,389 480,150 Dec-13 30,194 11,032 18,866 31,557 57,095 19,078 150,589 8,421 14,493 18,624 35,126 20,130 13,947 26,255 18,722 -6,383 467,746 Mar-14 33,282 8,073 18,743 28,665 54,375 20,649 151,357 5,211 14,350 14,527 35,745 16,964 13,733 26,160 19,636 -5,379 456,092 Jun-14 28,957 15,966 18,699 29,429 48,499 23,061 146,407 7,147 15,911 16,933 36,803 15,294 13,923 26,020 24,230 -4,849 462,431 Sep-14 29,944 18,947 19,587 29,622 48,259 24,677 165,858 9,139 20,537 19,704 36,955 18,145 16,096 26,462 25,171 -5,753 503,350 Dec-14 29,968 14,644 19,961 29,840 45,664 25,580 159,245 8,494 24,309 22,223 37,542 22,146 16,376 27,352 23,535 -7,022 499,857 Mar-15 33,975 12,057 18,177 26,337 47,685 23,243 146,781 5,668 22,692 21,157 38,498 17,740 14,722 27,130 23,727 -5,625 473,963 Jun-15 30,512 15,535 15,495 31,479 47,012 20,157 142,712 8,173 19,912 24,484 39,734 17,492 12,838 26,932 24,850 -5,546 471,770 Sep-15 32,490 18,221 21,371 33,899 54,694 19,666 155,506 14,027 26,774 23,718 40,557 22,144 14,367 26,297 26,485 -7,021 523,194 Dec-15 31,617 11,805 22,251 27,928 55,661 20,099 165,214 10,466 25,082 23,264 41,180 24,351 11,044 26,509 24,626 -7,721 513,376 Mar-16 36,116 13,572 19,676 25,851 54,022 22,076 158,346 7,976 24,986 24,921 42,284 22,097 13,041 26,611 25,943 -7,006 510,513 Jun-16 39,981 13,298 18,950 29,999 46,219 18,743 155,360 10,006 25,867 25,823 40,815 21,885 12,597 26,621 28,991 -6,939 508,216 Sep-16 ®42,042 17,129 ®21,291 ®34,820 ®50,052 ®18,166 ®173,551 ®12,896 ®29,370 ®20,259 41,432 26,901 ®15,239 ®26,575 ®29,525 -8,530 550,718 Dec-16 (*) 42,244 17,305 22,489 33,496 53,506 16,670 167,022 10,910 24,080 20,905 42,594 26,464 13,704 26,663 29,877 -8,391 539,538 ®Revised figures (*)Estimates for the Dec 2016 quarter are provisional pending the availability of revised numbers from the source data. Table 1(b): GDP by Industry – Constant prices Agriculture Fishing Food & Beverages manufac turing Other manufac turing Construction Electricity and water Commerce Accommodati on & Restaurants Transport Communication Public adminis tration Financial Services Business Services Ownership of dwellings Personal and other services Less: Enterprise share of FISIM Total Value added at market prices Implicit Price Deflator Annual (000's Tala) 2012 126,899 33,538 59,745 117,312 192,216 62,697 510,479 33,230 65,716 62,026 130,332 58,679 62,786 93,612 85,304 -18,606 1,675,964 109 2013 145,520 29,204 60,427 115,052 195,316 61,564 537,488 23,788 55,004 69,515 129,216 68,036 51,056 94,205 71,277 -21,572 1,685,096 110 2014 137,441 39,150 61,553 102,087 187,420 73,155 553,472 27,541 65,562 64,938 129,550 62,870 54,513 94,802 82,506 -19,934 1,716,626 112 2015 124,830 61,650 ®59,238 ®103,921 197,909 69,459 542,460 34,259 82,592 78,121 132,829 65,074 51,316 95,402 88,626 -20,633 ®1,767,052 112 2016 127,938 70,498 65,822 109,025 192,199 73,860 589,464 37,642 92,067 76,837 130,840 73,682 54,440 96,005 102,877 -23,362 1,869,835 113 Quarterly (000's Tala) Dec-12 32,700 9,690 13,205 28,537 47,773 16,505 133,153 9,351 11,710 17,645 31,109 14,430 14,078 23,459 18,500 -4,575 417,270 109 Mar-13 31,491 4,430 15,096 27,316 43,357 15,791 133,253 4,627 14,227 17,574 31,581 16,009 12,915 23,496 17,291 -5,076 403,377 112 Jun-13 36,472 6,841 14,991 30,186 45,750 15,205 134,239 5,811 13,328 16,818 32,921 16,503 12,310 23,533 18,517 -5,233 418,192 110 Sep-13 38,946 9,628 14,760 30,027 52,513 15,432 135,579 5,688 14,239 17,783 31,738 17,822 13,514 23,570 18,694 -5,651 434,282 111 Dec-13 38,611 8,305 15,580 27,523 53,696 15,136 134,417 7,662 13,210 17,341 32,977 17,701 12,317 23,607 16,774 -5,613 429,245 109 Mar-14 37,032 3,704 15,404 25,155 51,639 16,313 135,221 4,872 12,957 13,310 31,524 14,067 12,432 23,644 17,662 -4,460 410,477 111 Jun-14 32,267 9,800 15,317 25,958 46,472 17,962 132,333 6,781 14,200 15,160 33,159 13,578 12,597 23,682 21,972 -4,305 416,932 111 Sep-14 35,481 13,017 15,578 25,731 46,004 19,095 147,507 8,464 17,885 17,211 32,346 16,961 14,901 23,719 22,464 -5,378 450,988 112 Dec-14 32,662 12,630 15,255 25,243 43,304 19,786 138,410 7,424 20,519 19,257 32,520 18,263 14,583 23,757 20,407 -5,791 438,229 114 Mar-15 32,109 7,522 13,880 22,564 45,757 18,180 126,828 4,965 19,316 18,373 33,106 14,892 13,714 23,794 20,691 -4,722 410,968 115 Jun-15 30,041 14,234 11,752 27,266 45,500 16,627 125,804 7,186 17,255 20,832 33,381 15,150 12,435 23,832 21,903 -4,804 418,394 113 Sep-15 32,673 22,856 ®16,365 ®29,667 52,979 17,249 139,644 12,706 23,635 19,605 33,145 17,806 14,316 23,869 23,866 -5,646 ®474,734 110 Dec-15 30,007 17,038 ®17,241 ®24,423 53,673 17,403 150,184 9,402 22,386 19,312 33,197 17,226 10,852 23,907 22,166 -5,462 ®462,956 111 Mar-16 30,862 15,887 ®15,229 ®22,856 ®51,982 ®19,179 ®143,626 ®7,243 22,426 ®20,992 33,989 ®16,522 ®12,896 23,945 ®23,350 ®-5,239 ®455,745 112 Jun-16 28,773 ®14,034 ®14,779 ®26,488 ®44,117 ®17,809 ®140,944 ®9,114 ®23,210 ®21,758 32,730 ®16,879 ®12,553 23,982 ®26,121 ®-5,352 ®447,938 113 Sep-16 ®32,100 22,128 ®17,177 ®30,737 ®46,794 ®18,965 ®156,165 ®11,577 ®25,734 ®16,969 ®32,213 ®19,964 ®15,456 24,020 ®26,610 ®-6,330 ®490,281 112 Dec-16 (*) 36,203 18,449 18,637 28,945 49,306 17,907 148,728 9,708 20,697 17,118 31,908 20,317 13,536 24,058 26,795 -6,442 475,870 113 ®Revised figures (*)Estimates for the Dec 2016 quarter are provisional pending the availability of revised numbers from the source data. Table 2(a): GDP by Industry - Percentage change from same quarter of previous year - Current Prices Agriculture Fishing Food & Beverages manufac turing Other manufac Construction turing Electricity and water Commerce Accommodati on & Restaurants Transport Communication Public adminis tration Financial Services Business Services Ownership of dwellings Personal and other services Less: Enterprise share of FISIM Total Value added at market prices Annual (000's Tala) 2012 1.2 -14.3 2.2 1.3 -2.2 6.1 1.3 -1.0 -5.6 -13.9 9.0 6.1 6.6 2.8 -0.3 6.1 0.5 2013 9.6 -10.3 3.6 -0.8 2.4 -3.1 7.4 -27.4 -15.6 11.8 -0.7 15.9 -15.2 2.6 -14.7 15.9 1.4 2014 -13.3 42.8 7.5 -9.6 -4.9 22.0 3.3 15.5 25.7 -1.0 5.6 -4.5 9.7 1.4 16.6 -4.5 3.4 2015 5.3 0.0 0.4 1.8 4.2 -11.5 -2.0 27.8 25.8 26.2 8.8 12.7 -11.9 0.8 7.7 12.7 3.2 2016 24.7 6.4 6.6 3.8 -0.6 -9.0 7.2 9.0 10.4 -0.8 4.5 19.1 3.0 -0.4 14.7 19.1 6.4 Quarterly (000's Tala) Dec-12 -0.9 4.9 -21.2 0.3 -5.3 7.3 0.1 -11.1 -37.2 0.5 5.0 -1.2 -8.8 2.7 -16.9 -1.2 -3.6 Mar-13 17.1 -23.1 -7.7 -1.7 -15.3 8.5 12.7 -13.1 -30.3 33.3 -0.8 20.7 -16.7 2.9 -19.7 20.7 0.8 Jun-13 1.7 2.9 -4.6 1.4 -0.8 -3.8 8.4 -32.2 -22.4 26.3 -2.2 9.1 -17.3 2.4 -17.7 9.1 0.3 Sep-13 15.5 -6.6 5.1 -1.9 14.2 -7.5 6.9 -40.7 -11.7 -1.5 -3.2 8.2 -19.5 3.0 -12.3 8.2 1.5 Dec-13 4.5 -12.6 26.1 -1.0 12.8 -8.1 2.2 -17.1 14.7 -1.3 3.6 27.4 -6.1 2.0 -8.0 27.4 3.0 Mar-14 -13.3 1.6 7.1 -6.0 18.7 4.9 1.8 4.3 -6.6 -21.7 4.1 -4.0 1.9 0.7 2.3 -4.0 0.8 Jun-14 -20.4 80.8 6.5 -12.8 0.7 21.5 -2.5 13.5 10.6 -5.4 6.1 -15.2 8.2 -0.1 17.8 -15.2 0.8 Sep-14 -16.7 51.0 10.9 -13.4 -13.5 28.1 8.1 46.0 32.6 3.3 5.2 -9.9 10.9 1.0 20.3 -9.9 4.8 Dec-14 -0.7 32.7 5.8 -5.4 -20.0 34.1 5.7 0.9 67.7 19.3 6.9 10.0 17.4 4.2 25.7 10.0 6.9 Mar-15 2.1 49.4 -3.0 -8.1 -12.3 12.6 -3.0 8.8 58.1 45.6 7.7 4.6 7.2 3.7 20.8 4.6 3.9 Jun-15 5.4 -2.7 -17.1 7.0 -3.1 -12.6 -2.5 14.4 25.1 44.6 8.0 14.4 -7.8 3.5 2.6 14.4 2.0 Sep-15 8.5 -3.8 9.1 14.4 13.3 -20.3 -6.2 53.5 30.4 20.4 9.7 22.0 -10.7 -0.6 5.2 22.0 3.9 Dec-15 5.5 -19.4 11.5 -6.4 21.9 -21.4 3.7 23.2 3.2 4.7 9.7 10.0 -32.6 -3.1 4.6 10.0 2.7 Mar-16 6.3 12.6 8.3 -1.8 13.3 -5.0 7.9 40.7 10.1 17.8 9.8 24.6 -11.4 -1.9 9.3 24.6 7.7 Jun-16 31.0 -14.4 22.3 -4.7 -1.7 -7.0 8.9 22.4 29.9 5.5 2.7 25.1 -1.9 -1.2 16.7 25.1 7.7 Sep-16 29.4 -6.0 -0.4 2.7 -8.5 -7.6 11.6 -8.1 9.7 -14.6 2.2 21.5 6.1 1.1 11.5 21.5 5.3 Dec-16 33.6 46.6 1.1 19.9 -3.9 -17.1 1.1 4.2 -4.0 -10.1 3.4 8.7 24.1 0.6 21.3 8.7 5.1 Source: Samoa Bureau of Statistics Table 2(b): GDP by Industry - Percentage change from same quarter of previous year - Constant Prices Agriculture Fishing Food & Beverages manufac turing Other manufac Construction turing Electricity and water Commerce Accommodati on & Restaurants Transport Communication Public adminis tration Financial Services Business Services Ownership of dwellings Personal and other services Less: Enterprise share of FISIM Total Value added at market prices Annual (000's Tala) 2012 -8.6 -25.0 0.3 -0.6 -3.5 4.4 -1.5 -4.2 -7.7 -13.5 6.4 5.8 9.6 0.6 -2.5 -2.3 -2.3 2013 14.7 -12.9 1.1 -1.9 1.6 -1.8 5.3 -28.4 -16.3 12.1 -0.9 15.9 -18.7 0.6 -16.4 0.5 0.5 2014 -5.6 34.1 1.9 -11.3 -4.0 18.8 3.0 15.8 19.2 -6.6 0.3 -7.6 6.8 0.6 15.8 1.9 1.9 2015 -9.2 57.5 -3.8 1.8 5.6 -5.1 -2.0 24.4 26.0 20.3 2.5 3.5 -5.9 0.6 7.4 2.9 2.9 2016 2.5 14.4 11.1 4.9 -2.9 6.3 8.7 9.9 11.5 -1.6 -1.5 13.2 6.1 0.6 16.1 5.8 5.8 Quarterly (000's Tala) Dec-12 5.1 -17.5 -20.2 0.0 -6.4 7.6 -2.2 -14.0 -37.8 1.9 3.9 2.3 -10.4 0.6 -18.7 2.3 -4.9 Mar-13 3.5 -42.8 -7.0 -1.5 -15.9 10.8 10.0 -14.9 -30.8 33.8 -5.4 24.9 -18.8 0.6 -21.6 24.9 -2.0 Jun-13 13.2 2.9 -3.5 1.3 -1.4 -1.8 6.7 -33.0 -22.5 27.4 1.6 13.0 -19.1 0.6 -19.1 13.0 0.8 Sep-13 23.5 1.9 -0.1 -3.9 13.0 -6.2 4.0 -41.8 -12.4 -1.5 -5.1 5.9 -23.1 0.6 -14.5 5.9 0.5 Dec-13 18.1 -14.3 18.0 -3.6 12.4 -8.3 0.9 -18.1 12.8 -1.7 6.0 22.7 -12.5 0.6 -9.3 22.7 2.9 Mar-14 17.6 -16.4 2.0 -7.9 19.1 3.3 1.5 5.3 -8.9 -24.3 -0.2 -12.1 -3.7 0.6 2.1 -12.1 1.8 Jun-14 -11.5 43.2 2.2 -14.0 1.6 18.1 -1.4 16.7 6.5 -9.9 0.7 -17.7 2.3 0.6 18.7 -17.7 -0.3 Sep-14 -8.9 35.2 5.5 -14.3 -12.4 23.7 8.8 48.8 25.6 -3.2 1.9 -4.8 10.3 0.6 20.2 -4.8 3.8 Dec-14 -15.4 52.1 -2.1 -8.3 -19.4 30.7 3.0 -3.1 55.3 11.1 -1.4 3.2 18.4 0.6 21.7 3.2 2.1 Mar-15 -13.3 103.1 -9.9 -10.3 -11.4 11.4 -6.2 1.9 49.1 38.0 5.0 5.9 10.3 0.6 17.2 5.9 0.1 Jun-15 -6.9 45.2 -23.3 5.0 -2.1 -7.4 -4.9 6.0 21.5 37.4 0.7 11.6 -1.3 0.6 -0.3 11.6 0.4 Sep-15 -7.9 75.6 5.1 15.3 15.2 -9.7 -5.3 50.1 32.1 13.9 2.5 5.0 -3.9 0.6 6.2 5.0 5.3 Dec-15 -8.1 34.9 13.0 -3.2 23.9 -12.0 8.5 26.7 9.1 0.3 2.1 -5.7 -25.6 0.6 8.6 -5.7 5.6 Mar-16 -3.9 111.2 9.7 1.3 13.6 5.5 13.2 45.9 16.1 14.3 2.7 10.9 -6.0 0.6 12.9 10.9 10.9 Jun-16 -4.2 -1.4 25.8 -2.9 -3.0 7.1 12.0 26.8 34.5 4.4 -2.0 11.4 0.9 0.6 19.3 11.4 7.1 Sep-16 -1.8 -3.2 5.0 3.6 -11.7 10.0 11.8 -8.9 8.9 -13.4 -2.8 12.1 8.0 0.6 11.5 12.1 3.3 Dec-16 20.6 8.3 8.1 18.5 -8.1 2.9 -1.0 3.3 -7.5 -11.4 -3.9 17.9 24.7 0.6 20.9 17.9 2.8 Source: Samoa Bureau of Statistics Table 3(a): GDP by Industry - Percentage contributions to change in GDP - Current Prices Agriculture Fishing Food & Beverages manufac turing Other manufac Construction turing Electricity and water Commerce Accommodation & Restaurants Transport Communication Public adminis tration Financial Services Business Services Ownership of dwellings Personal and other services Less: Enterprise share of FISIM Total Value added at market prices Annual (000's Tala) 2012 0.1 -0.4 0.1 0.1 -0.3 0.3 0.4 0.0 -0.2 -0.6 0.6 0.2 0.2 0.2 0.0 -0.1 0.5 2013 0.7 -0.3 0.1 -0.1 0.3 -0.1 2.3 -0.5 -0.6 0.4 -0.1 0.6 -0.5 0.1 -0.7 -0.2 1.4 2014 -1.0 0.9 0.3 -0.7 -0.5 0.9 1.1 0.2 0.8 0.0 0.4 -0.2 0.3 0.1 0.7 0.1 3.4 2015 0.3 0.0 0.0 0.1 0.4 -0.6 -0.7 0.4 1.0 1.0 0.7 0.5 -0.4 0.0 0.4 -0.2 3.2 2016 1.6 0.2 0.3 0.2 -0.1 -0.4 2.2 0.2 0.5 0.0 0.4 0.8 0.1 0.0 0.7 -0.2 6.4 Quarterly (000's Tala) Dec-12 -0.1 0.1 -0.9 0.0 -0.6 0.3 0.0 -0.3 -1.6 0.0 0.3 0.0 -0.3 0.1 -0.9 0.0 -3.6 Mar-13 1.2 -0.5 -0.3 -0.1 -1.8 0.3 3.7 -0.2 -1.5 1.0 -0.1 0.7 -0.6 0.2 -1.0 -0.2 0.8 Jun-13 0.1 0.1 -0.2 0.1 -0.1 -0.2 2.5 -0.7 -0.9 0.8 -0.2 0.3 -0.6 0.1 -1.0 -0.1 0.3 Sep-13 1.0 -0.2 0.2 -0.1 1.5 -0.3 2.1 -0.9 -0.4 -0.1 -0.2 0.3 -0.7 0.2 -0.6 -0.1 1.5 Dec-13 0.3 -0.4 0.9 -0.1 1.4 -0.4 0.7 -0.4 0.4 -0.1 0.3 1.0 -0.2 0.1 -0.4 -0.3 3.0 Mar-14 -1.1 0.0 0.3 -0.4 1.9 0.2 0.6 0.0 -0.2 -0.9 0.3 -0.2 0.1 0.0 0.1 0.1 0.8 Jun-14 -1.6 1.6 0.2 -0.9 0.1 0.9 -0.8 0.2 0.3 -0.2 0.5 -0.6 0.2 0.0 0.8 0.2 0.8 Sep-14 -1.3 1.3 0.4 -1.0 -1.6 1.1 2.6 0.6 1.1 0.1 0.4 -0.4 0.3 0.1 0.9 0.1 4.8 Dec-14 0.8 0.2 -0.1 -1.1 -2.0 1.4 1.9 0.0 2.1 0.8 0.5 0.4 0.5 0.2 1.0 -0.1 6.9 Mar-15 -0.6 1.6 -0.7 0.6 -1.6 0.6 -1.0 0.1 1.8 1.5 0.6 0.2 0.2 0.2 0.9 -0.1 3.9 Jun-15 0.8 0.5 0.6 1.0 1.3 -0.6 -0.8 0.2 0.9 1.6 0.6 0.5 -0.2 0.2 0.1 -0.2 2.0 Sep-15 0.3 -1.4 0.5 -0.3 1.5 -1.0 -2.1 1.0 1.2 0.8 0.7 0.8 -0.3 0.0 0.3 -0.3 3.9 Dec-15 1.2 -0.2 -0.1 -0.8 1.7 -1.1 1.2 0.4 0.2 0.2 0.7 0.4 -1.1 -0.2 0.2 -0.1 2.7 Mar-16 1.3 0.3 0.2 0.8 -0.3 -0.2 2.4 0.5 0.5 0.8 0.8 0.9 -0.4 -0.1 0.5 -0.3 7.7 Jun-16 2.4 0.3 1.2 0.7 0.6 -0.3 2.7 0.4 1.3 0.3 0.2 0.9 -0.1 -0.1 0.9 -0.3 7.7 Sep-16 1.9 -0.2 0.2 -0.1 -0.2 -0.3 3.4 -0.2 0.5 -0.7 0.2 0.9 0.2 0.1 0.6 -0.3 5.3 Dec-16 -6.2 -2.3 -4.3 -5.4 -10.8 -0.7 0.4 0.1 -0.2 -0.5 0.3 0.4 0.5 0.0 1.0 -0.1 5.1 Source: Samoa Bureau of Statistics Table 3(b): GDP by Industry - Percentage contributions to change in GDP - Constant Prices Agriculture Fishing Food & Beverages manufac turing Other manufac turing Construction Electricity and water Commerce Accommodation & Restaurants Transport Communicatio Public adminis n tration Ownership of Personal and Less: Enterprise dwellings other services share of FISIM Total Value added at market prices Financial Services Business Services 0.2 0.3 0.0 -0.1 -0.1 -2.3 Annual (000's Tala) 2012 -0.7 -0.7 0.0 0.0 -0.4 0.2 -0.5 -0.1 -0.3 2013 1.1 -0.3 0.0 2014 -0.5 0.6 0.1 2015 -0.7 1.3 2016 0.2 0.5 -0.6 0.5 -0.1 0.2 -0.1 1.6 -0.6 -0.8 -0.5 0.7 0.9 0.2 -0.6 0.4 -0.1 0.6 -0.7 0.0 -0.8 -0.2 0.5 0.6 -0.3 0.0 -0.3 0.2 0.0 0.7 0.1 1.9 -0.1 0.1 0.6 -0.2 -0.6 0.4 1.0 0.8 0.2 0.1 -0.2 0.0 0.4 0.0 2.9 0.4 0.3 -0.3 0.2 2.7 0.2 0.5 -0.1 -0.1 0.5 0.2 0.0 0.8 -0.2 5.8 Quarterly (000's Tala) Dec-12 0.4 -0.5 -0.8 0.0 -0.8 0.3 -0.7 -0.3 -1.6 0.1 0.3 0.1 -0.4 0.0 -1.0 0.0 -4.9 Mar-13 0.3 -0.8 -0.3 -0.1 Jun-13 1.0 0.0 -0.1 0.1 -2.0 0.4 2.9 -0.2 -1.5 1.1 -0.4 0.8 -0.7 0.0 -1.2 -0.2 -2.0 -0.2 -0.1 2.0 -0.7 -0.9 0.9 0.1 0.5 -0.7 0.0 -1.1 -0.1 0.8 Sep-13 1.7 0.0 0.0 Dec-13 1.4 -0.3 0.6 -0.3 1.4 -0.2 1.2 -0.9 -0.5 -0.1 -0.4 0.2 -0.9 0.0 -0.7 -0.1 0.5 -0.2 1.4 -0.3 0.3 -0.4 0.4 -0.1 0.4 0.8 -0.4 0.0 -0.4 -0.2 2.9 Mar-14 1.4 -0.2 0.1 -0.5 2.1 0.1 0.5 0.1 -0.3 -1.1 0.0 -0.5 -0.1 0.0 0.1 0.2 1.8 Jun-14 -1.0 0.7 0.1 -1.0 0.2 0.7 -0.5 0.2 0.2 -0.4 0.1 -0.7 0.1 0.0 0.8 0.2 -0.3 Sep-14 -0.8 0.8 0.2 -1.0 -1.5 0.8 2.7 0.6 0.8 -0.1 0.1 -0.2 0.3 0.0 0.9 0.1 3.8 Dec-14 -1.4 1.0 -0.1 -0.5 -2.4 1.1 0.9 -0.1 1.7 0.4 -0.1 0.1 0.5 0.0 0.8 0.0 2.1 Mar-15 -1.2 0.9 -0.4 -0.6 -1.4 0.5 -2.0 0.0 1.5 1.2 0.4 0.2 0.3 0.0 0.7 -0.1 0.1 Jun-15 -0.5 1.1 -0.9 0.3 -0.2 -0.3 -1.6 0.1 0.7 1.4 0.1 0.4 0.0 0.0 0.0 -0.1 0.4 Sep-15 -0.6 2.2 0.2 0.9 1.5 -0.4 -1.7 0.9 1.3 0.5 0.2 0.2 -0.1 0.0 0.3 -0.1 5.3 Dec-15 -0.6 1.0 0.5 -0.2 2.4 -0.5 2.7 0.5 0.4 0.0 0.2 -0.2 -0.9 0.0 0.4 0.1 5.6 Mar-16 -0.3 2.0 0.3 0.1 1.5 0.2 4.1 0.6 0.8 0.6 0.2 0.4 -0.2 0.0 0.6 -0.1 10.9 Jun-16 -0.3 0.0 0.7 -0.2 -0.3 0.3 3.6 0.5 1.4 0.2 -0.2 0.4 0.0 0.0 1.0 -0.1 7.1 Sep-16 -0.1 -0.2 0.2 0.2 -1.3 0.4 3.5 -0.2 0.4 -0.6 -0.2 0.5 0.2 0.0 0.6 -0.1 3.3 Dec-16 1.3 0.3 0.3 1.0 -0.9 0.1 -0.3 0.1 -0.4 -0.5 -0.3 0.7 0.6 0.0 1.0 -0.2 2.8 Source: Samoa Bureau of Statistics Table 4: GDP by Industry - Percentage shares of total GDP Agriculture Fishing Food & Beverages manufac turing Other manufac turing Construction Electricity and water Commerce Accommodatio n& Restaurants Transport Communication Public adminis tration Financial Services Business Services Ownership of dwellings Personal and other services Less: Enterprise share of FISIM Total Value added at market prices Annual (000's Tala) 2012 7.0 2.5 3.8 7.1 11.0 4.3 30.6 1.9 3.9 3.6 7.6 3.6 3.5 5.6 5.1 -1.1 100.0 2013 7.6 2.2 3.9 7.0 11.1 4.1 32.4 1.4 3.2 4.0 7.5 4.1 2.9 5.6 4.3 -1.3 100.0 2014 6.4 3.0 4.0 6.1 10.2 4.9 32.4 1.6 3.9 3.8 7.7 3.8 3.1 5.5 4.8 -1.2 100.0 2015 6.5 2.9 3.9 6.0 10.3 4.2 30.8 1.9 4.8 4.7 8.1 4.1 2.7 5.4 5.0 -1.3 100.0 2016 7.6 2.9 3.9 5.9 9.7 3.6 31.0 2.0 4.9 4.4 7.9 4.6 2.6 5.0 5.4 -1.5 100.0 Quarterly (000's Tala) Dec-12 6.4 2.8 3.3 7.0 11.1 4.6 32.4 2.2 2.8 4.2 7.5 3.5 3.3 5.7 4.5 -1.1 100.0 Mar-13 8.5 1.8 3.9 6.7 10.1 4.4 32.9 1.1 3.4 4.1 7.6 3.9 3.0 5.7 4.2 -1.2 100.0 Jun-13 7.9 1.9 3.8 7.4 10.5 4.1 32.7 1.4 3.1 3.9 7.6 3.9 2.8 5.7 4.5 -1.2 100.0 Sep-13 7.5 2.6 3.7 7.1 11.6 4.0 31.9 1.3 3.2 4.0 7.3 4.2 3.0 5.5 4.4 -1.3 100.0 Dec-13 6.5 2.4 4.0 6.7 12.2 4.1 32.2 1.8 3.1 4.0 7.5 4.3 3.0 5.6 4.0 -1.4 100.0 Mar-14 7.3 1.8 4.1 6.3 11.9 4.5 33.2 1.1 3.1 3.2 7.8 3.7 3.0 5.7 4.3 -1.2 100.0 Jun-14 6.3 3.5 4.0 6.4 10.5 5.0 31.7 1.5 3.4 3.7 8.0 3.3 3.0 5.6 5.2 -1.0 100.0 Sep-14 5.9 3.8 3.9 5.9 9.6 4.9 33.0 1.8 4.1 3.9 7.3 3.6 3.2 5.3 5.0 -1.1 100.0 Dec-14 6.0 2.9 4.0 6.0 9.1 5.1 31.9 1.7 4.9 4.4 7.5 4.4 3.3 5.5 4.7 -1.4 100.0 Mar-15 7.2 2.5 3.8 5.6 10.1 4.9 31.0 1.2 4.8 4.5 8.1 3.7 3.1 5.7 5.0 -1.2 100.0 Jun-15 6.5 3.3 3.3 6.7 10.0 4.3 30.3 1.7 4.2 5.2 8.4 3.7 2.7 5.7 5.3 -1.2 100.0 Sep-15 6.2 3.5 4.1 6.5 10.5 3.8 29.7 2.7 5.1 4.5 7.8 4.2 2.7 5.0 5.1 -1.3 100.0 Dec-15 6.2 2.3 4.3 5.4 10.8 3.9 32.2 2.0 4.9 4.5 8.0 4.7 2.2 5.2 4.8 -1.5 100.0 Mar-16 7.1 2.7 3.9 5.1 10.6 4.3 31.0 1.6 4.9 4.9 8.3 4.3 2.6 5.2 5.1 -1.4 100.0 Jun-16 7.9 2.6 3.7 5.9 9.1 3.7 30.6 2.0 5.1 5.1 8.0 4.3 2.5 5.2 5.7 -1.4 100.0 Sep-16 7.6 3.1 3.9 6.3 9.1 3.3 31.5 2.3 5.3 3.7 7.5 4.9 2.8 4.8 5.4 -1.5 100.0 Dec-16 7.8 3.2 4.2 6.2 9.9 3.1 31.0 2.0 4.5 3.9 7.9 4.9 2.5 4.9 5.5 -1.6 100.0 Source: Samoa Bureau of Statistics Table 5: Monetarisation of GDP at Current Prices Monetary NonMonetary Total at Constant Prices NonMonetary GDP % of total Monetary NonMonetary Total at Current Prices NonMonetary GDP % of total Monetary NonMonetary Values (000's $$ Tala) at Constant Prices Total Monetary NonMonetary at Current Prices Total Monetary NonMonetary at Constant Prices Total Monetary Non-Monetary Total % change from previous period 2012 1,530,840 303,137 1,833,977 17 1,387,046 288,918 1,675,964 17 0.3 1.5 0.5 -1.5 -5.6 -2.3 2013 1,547,547 311,759 1,859,306 17 1,390,048 295,048 1,685,096 18 1.1 2.8 1.4 0.2 2.1 0.5 2014 1,607,107 314,623 1,921,730 16 1,411,097 305,530 1,716,626 18 3.8 0.9 3.4 1.5 3.6 1.9 2015 1,662,189 320,114 1,982,303 16 1,468,852 298,200 1,767,052 17 3.4 1.7 3.2 4.1 -2.4 2.9 2016 1,772,819 336,166 2,108,986 16 1,577,525 292,309 1,869,835 16 6.7 5.0 6.4 7.4 -2.0 5.8 Values (000's $$ Tala) % change from previous period % change from same quarter of previous year Dec-12 380,987 73,340 454,327 16 343,708 73,562 417,270 18 -4.3 -2.5 -4.0 -4.5 2.0 -3.4 -4.5 1.1 -3.6 -5.7 -1.2 -4.9 Mar-13 373,008 79,441 452,449 18 335,382 67,995 403,377 17 -2.1 8.3 -0.4 -2.4 -7.6 -3.3 0.3 3.4 0.8 -1.1 -6.3 -2.0 Jun-13 382,579 76,381 458,960 17 346,938 71,255 418,192 17 2.6 -3.9 1.4 3.4 4.8 3.7 0.7 -1.7 0.3 0.8 0.8 0.8 Sep-13 400,736 79,415 480,150 17 357,122 77,160 434,282 18 4.7 4.0 4.6 2.9 8.3 3.8 0.7 5.6 1.5 -0.8 7.0 0.5 Dec-13 391,225 76,521 467,746 16 350,607 78,638 429,245 18 -2.4 -3.6 -2.6 -1.8 1.9 -1.2 2.7 4.3 3.0 2.0 6.9 2.9 Mar-14 376,288 79,804 456,092 17 334,707 75,771 410,477 18 -3.8 4.3 -2.5 -4.5 -3.6 -4.4 0.9 0.5 0.8 -0.2 11.4 1.8 Jun-14 384,263 78,167 462,431 17 341,053 75,879 416,932 18 2.1 -2.1 1.4 1.9 0.1 1.6 0.4 2.3 0.8 -1.7 6.5 -0.3 Sep-14 424,783 78,567 503,350 16 373,043 77,945 450,988 17 10.5 0.5 8.8 9.4 2.7 8.2 6.0 -1.1 4.8 4.5 1.0 3.8 Dec-14 421,772 78,085 499,857 16 362,294 75,935 438,229 17 -0.7 -0.6 -0.7 -2.9 -2.6 -2.8 7.8 2.0 6.9 3.3 -3.4 2.1 Mar-15 391,061 82,902 473,963 17 335,368 75,600 410,968 18 -7.3 6.2 -5.2 -7.4 -0.4 -6.2 3.9 3.9 3.9 0.2 -0.2 0.1 Jun-15 391,769 80,000 471,770 17 344,521 73,873 418,394 18 0.2 -3.5 -0.5 2.7 -2.3 1.8 2.0 2.3 2.0 1.0 -2.6 0.4 Sep-15 443,741 79,453 523,194 15 399,268 75,465 474,733 16 13.3 -0.7 10.9 15.9 2.2 13.5 4.5 1.1 3.9 7.0 -3.2 5.3 Dec-15 435,617 77,758 513,376 15 389,695 73,261 462,956 16 -1.8 -2.1 -1.9 -2.4 -2.9 -2.5 3.3 -0.4 2.7 7.6 -3.5 5.6 Mar-16 427,432 83,081 510,513 16 381,240 74,506 455,745 16 -1.9 6.8 -0.6 -2.2 1.7 -1.6 9.3 0.2 7.7 13.7 -1.4 10.9 Jun-16 426,076 82,141 508,216 16 379,510 68,429 447,938 15 -0.3 -1.1 -0.4 -0.5 -8.2 -1.7 8.8 2.7 7.7 10.2 -7.4 550,718 16 490,281 15 9.1 4.3 8.4 9.8 7.3 9.5 4.8 7.8 5.3 16 -2.3 -0.5 -2.0 -4.1 3.5 -2.9 4.3 9.7 5.1 Sep-16 Dec-16 465,042 454,269 85,676 85,269 Source: Samoa Bureau of Statistics 539,538 16 416,880 399,896 73,401 75,974 475,870 7.1 4.4 -2.7 3.3 2.6 3.7 2.8 Table 6: GDP by Industry - Implicit Price Deflators (IPDs): 2009=100 Agriculture Fishing Food & Beverages manufac turing Other manufac Construction turing Electricity and water Commerce Accommodatio n& Restaurants Transport Communication Public adminis tration Financial Services Business Services Ownership of dwellings Personal and other services Less: Total Value Enterprise added at market share of FISIM prices Annual (000's Tala) 2012 101.3 134.1 115.7 111.7 105.1 126.7 109.9 107.6 107.7 107.0 107.6 111.8 102.9 108.8 109.1 111.8 109.4 2013 96.8 138.2 118.5 113.0 105.9 125.1 112.1 109.2 108.6 106.7 107.8 111.7 107.3 110.9 111.4 111.7 110.3 2014 88.9 147.2 125.1 115.2 105.0 128.4 112.5 108.9 114.6 113.0 113.5 115.4 110.3 111.8 112.2 115.4 111.9 2015 103.0 93.5 130.5 115.1 103.6 119.7 112.5 111.9 114.4 118.6 120.4 125.6 103.2 112.0 112.5 125.6 112.2 2016 125.4 87.0 125.2 113.9 106.0 102.4 111.0 111.0 113.3 119.6 127.7 132.1 100.3 110.9 111.1 132.1 112.8 Quarterly (000's Tala) Dec-12 88.3 130.3 113.3 111.7 105.9 125.8 110.6 108.7 107.9 106.9 109.0 109.5 105.5 109.7 110.1 109.5 108.9 Mar-13 121.9 179.4 115.9 111.7 105.7 124.7 111.5 107.9 108.0 105.6 108.7 110.4 104.3 110.6 111.0 110.4 112.2 Jun-13 99.8 129.0 117.1 111.8 105.3 124.8 111.9 108.4 107.9 106.4 105.3 109.3 104.5 110.7 111.1 109.3 109.7 Sep-13 92.3 130.4 119.6 113.9 106.2 124.9 113.1 110.0 108.8 107.2 110.7 113.1 107.4 111.2 111.9 113.1 110.6 Dec-13 78.2 132.8 121.1 114.7 106.3 126.0 112.0 109.9 109.7 107.4 106.5 113.7 113.2 111.2 111.6 113.7 109.0 Mar-14 89.9 217.9 121.7 114.0 105.3 126.6 111.9 106.9 110.8 109.1 113.4 120.6 110.5 110.6 111.2 120.6 111.1 Jun-14 89.7 162.9 122.1 113.4 104.4 128.4 110.6 105.4 112.0 111.7 111.0 112.6 110.5 109.9 110.3 112.6 110.9 Sep-14 84.4 145.6 125.7 115.1 104.9 129.2 112.4 108.0 114.8 114.5 114.2 107.0 108.0 111.6 112.1 107.0 111.6 Dec-14 91.8 116.0 130.8 118.2 105.4 129.3 115.1 114.4 118.5 115.4 115.4 121.3 112.3 115.1 115.3 121.3 114.1 Mar-15 105.8 160.3 131.0 116.7 104.2 127.9 115.7 114.1 117.5 115.2 116.3 119.1 107.3 114.0 114.7 119.1 115.3 Jun-15 101.6 109.1 131.8 115.5 103.3 121.2 113.4 113.7 115.4 117.5 119.0 115.5 103.2 113.0 113.5 115.5 112.8 Sep-15 99.4 79.7 130.6 114.3 103.2 114.0 111.4 110.4 113.3 121.0 122.4 124.4 100.4 110.2 111.0 124.4 110.2 Dec-15 105.4 69.3 129.1 114.3 103.7 115.5 110.0 111.3 112.0 120.5 124.0 141.4 101.8 110.9 111.1 141.4 110.9 Mar-16 117.0 85.4 129.2 113.1 103.9 115.1 110.2 110.1 111.4 118.7 124.4 133.7 101.1 111.1 111.1 133.7 112.0 Jun-16 139.0 94.8 128.2 113.3 104.8 105.2 110.2 109.8 111.4 118.7 124.7 129.7 100.4 111.0 111.0 129.7 113.5 Sep-16 131.0 77.4 124.0 113.3 107.0 95.8 111.1 111.4 114.1 119.4 128.6 134.8 98.6 110.6 111.0 134.8 112.3 Dec-16 116.7 93.8 120.7 115.7 108.5 93.1 112.3 112.4 116.3 122.1 133.5 130.3 101.2 110.8 111.5 130.3 113.4 Source: Samoa Bureau of Statistics Table 7: % distribution by Industry; Primary, Secondary & Services – Current Prices Period Primary Industries Secondary or GoodsProducing Industries Services or Tertiary Industries Total Value added at market prices Annual (%) 2012 9.47 26.27 64.27 100 2013 9.75 26.11 64.14 100 2014 9.36 25.25 65.39 100 2015 9.39 24.47 66.13 100 2016 10.51 23.05 66.44 100 Quarterly (%) Dec-12 9.1 26.0 64.8 100 Mar-13 10.2 25.1 64.7 100 Jun-13 9.9 25.8 64.3 100 Sep-13 10.1 26.4 63.5 100 Dec-13 8.8 27.1 64.1 100 Mar-14 9.1 26.8 64.1 100 Jun-14 9.7 25.9 64.4 100 Sep-14 9.7 24.3 66.0 100 Dec-14 8.9 24.2 66.9 100 Mar-15 9.7 24.4 65.9 100 Jun-15 9.8 24.2 66.0 100 Sep-15 9.7 24.8 65.5 100 Dec-15 8.5 24.5 67.0 100 Mar-16 9.7 23.8 66.4 100 Jun-16 10.5 22.4 67.1 100 Sep-16 10.7 22.6 66.7 100 Dec-16 11.0 23.4 65.6 100 Source: Samoa Bureau of Statistics Public Administration is part of Services Industries however, the report separates it from the Services Industries. Table 8: GDP per capita Period Nomial GDP ($) Population 1 GDP per capita ($) % change over the same period of the previous year Annual 2012 1,833,977 189,236 9,691 -0.2 2013 1,859,306 190,652 9,752 0.6 2014 1,921,730 192,067 10,005 2.6 2015 1,982,303 193,483 10,245 2.4 2016 2,108,986 194,899 10,821 5.6 Quarter 1 Dec-12 454,327 189,236 2,401 -4.3 Mar-13 452,449 190,652 2,373 0.1 Jun-13 458,960 190,652 2,407 -0.5 Sep-13 480,150 190,652 2,518 0.7 Dec-13 467,746 190,652 2,453 2.2 Mar-14 456,092 192,067 2,375 0.1 Jun-14 462,431 192,067 2,408 0.0 Sep-14 503,350 192,067 2,621 4.1 Dec-14 499,857 192,067 2,603 6.1 Mar-15 473,963 193,483 2,450 3.2 Jun-15 471,770 193,483 2,438 1.3 Sep-15 523,194 193,483 2,704 3.2 Dec-15 513,376 193,483 2,653 2.0 Mar-16 510,513 194,899 2,619 6.9 Jun-16 508,216 194,899 2,608 6.9 Sep-16 550,718 194,899 2,826 4.5 Dec-16 539,538 194,899 2,768 4.3 : Total estimate is based on annual growth rate of 0.8 percent from census 2011 GDP per capita have been revised to reflect the latest intercensal estimates as published by the Bureau, however, the estimates for the year 2012 onwards are subject to revisions pending the final population count for the year 2016 in August 2017. Source: Samoa Bureau of Statistics
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