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Taranaki's economy grew 1.2% in late 2025 but ended the year down 0.5%, with dairy strong, oil and gas weak, and unemployment rising to 4.5%.
Taranaki's economy showed early recovery in late 2025 with a 1.2% quarterly GDP rise, though full-year growth was -0.5%, below the national 0.4%.
Dairy remained strong, delivering a record $1.8 billion to farmers, but oil and gas, construction, and manufacturing struggled with weak investment.
Employment fell 1.7%, unemployment rose to 4.5%, and non-residential construction dropped 11.6%.
Tourism was mixed: domestic activity flat, but international visitors rose 6%, mainly from North America and Australia.
Business numbers grew 0.5%.
Social indicators improved, with better school attendance and lower crime.
Venture Taranaki is promoting diversification through industry collaboration to boost long-term resilience.
La economía de Taranaki creció un 1,2% a fines de 2025, pero terminó el año con un descenso del 0,5%, con la lechería fuerte, el petróleo y el gas débiles y el desempleo aumentando al 4,5%.