Story: National income and GDP

Sylvia Park shopping centre

Sylvia Park shopping centre

When the first stage of the Sylvia Park shopping complex at Mt Wellington opened in 2006 there was gridlock on the Southern Motorway. Hundreds of Aucklanders flocked to the Warehouse on the opening day (seen here queuing at the tills). On such occasions thousands of economic transactions take place. The national accounts attempt to measure all these transactions over a given period of time, usually a year.

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Reference: 71151150
Photograph by Sandra Mu

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How to cite this page:

Jeff Cope, 'National income and GDP - National accounts', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/23573/sylvia-park-shopping-centre (accessed 19 October 2017)

Story by Jeff Cope, published 11 Mar 2010