The Auckland Prosperity Index – local economic challenges
The benefits of Auckland’s economic growth have not been shared equitably across the region. Now the impacts of the global pandemic and economic downturn are exacerbating Auckland’s entrenched inequalities.
Inequality is a global issue, and across the developed world it is recognised that the Global Financial Crisis, the COVID-19 pandemic and its economic effects have disproportionate impact on our less prosperous communities.
The Auckland Prosperity Index enables us to better understand the challenges by looking at the different factors that affect prosperity and what may be causing them at local level across the region.
The inaugural Auckland Prosperity Index was published in 2018 and the second in 2020. The index is a central part of Auckland Unlimited’s local economic development work, together with the Local Board Economic Overviews.
Both are tools for Auckland Council local boards, the rest of the council group and other regional partners, providing evidence for policy and decision makers to plan effective action. They provide data and analysis to help target activity on those issues which are likely to have the greatest impact.