Report shows dramatic growth in Māori economyFriday 28 Mar 2025
The report reveals good news on the growth front, with the Māori economic contribution to the New Zealand economy having grown from NZ$17 billion in 2018 to NZ$32 billion in 2023. Informed by key data from census 2023, Te Ōhanga Māori 2023 report highlights the significant economic contributions being made within the Māori economy to the New Zealand economy as a whole. Insights show that the Māori asset base has grown at a significantly faster rate than the overall economy, from NZ$69 billion in 2018 to NZ$126 billion in 2023. This growth has outstripped the previously predicted figure of NZ$100 billion by 2030. The insights shared in this report will support and inform decision-making, to help unlock further potential within the Māori economy. It breaks down the Māori asset base, workforce, value add (GDP) and stats on Māori owned businesses by region and sometimes by sector. Māori forestry employment stats, forestry assets and Māori owned forestry businesses are also covered in the report. Te Ōhanga Māori 2023 is a resource for all those who are invested in the future of Aotearoa New Zealand, including policymakers, businesses, Iwi-Māori and communities. More >> Source & image credit: Ministry of Business, Innovation and Employment (MBIE)  | ||
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