Freight and the transport industry : Transport and Gross Domestic Product (GDP)

FT005 Freight tonne-km growth compared to Gross Domestic Product (GDP) growth (road, rail, maritime, aviation)

Road freight tonne km growth relative to GDP growth (base year 1992)

	2003	2004	2005	2006	2007	2008	2009	2010
Freight tonne km growth relative to GDP growth	26%	27%	24%	24%	25%	27%	20%	25%

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Indicator name	Freight tonne-km growth compared to Gross Domestic Product (GDP) growth (road, rail, maritime, aviation)
Key reference number	FT005
Definition of indicator	Freight tonne-km growth compared to Gross Domestic Product (GDP) growth (road, rail, maritime, aviation)
What does it mean ?	The data for 2001-2010 shows that the growth in road freight tonne km since 1992 is about 25% more than GDP growth since 1992. Seeing the relative growth has been static for 2001-2010, it means that freight tonne km has been growing about the same rate as GDP during that period.
Export date	4/04/2011

Core indicator information
Nature of data	Quantitative
Data source: GDP	PG002 series 1, Stats NZ series Annual
Data source: Tonne km	Road: estimated from Road User Charges licences 4+tonnes (From MoT Fleet Statistics Report Table 11.1)
Frequency	Annual
Disaggregation	National by mode
Timeliness	March/April (after the GDP data is available)
Quality of the data	While the estimation of freight tonne km depends on loading assumptions, the trend is realistic.
Methodology	Note : this series has been revised - the trailer utilisation factor has been reduced from 55% to 45% following research done for MoT in 2008.
Availability of forecast data	No