Strong Economic Growth Track
One of Aotearoa’s fastest growing economies
Selwyn’s economy has continued to significantly outperform national and regional averages over the 2022/23 year. Recording a strong economic growth of 3.5% over the year to September 2023, it was well ahead of the national average of 1.7% and the Canterbury region’s growth rate of 2.4%.
Driven by strong population growth and a diverse economy, Selwyn reflects robust consumer confidence, evident in a significant 12.4% increase in consumer spending over the same period.
The tourism sector in Selwyn also experienced rapid growth, with expenditure up by 19.5% and an annual spend of $141 million in the year to September 2023.