Armidale Regional CouncilEconomic profile

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Armidale Regional Council

Gross product

The Armidale Regional Council's Gross Regional Product was $1,252m as of the 30th June 2015.

The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2002.

Gross Regional Product
Gross Regional Product 2015, Armidale Regional Council: $1,252 million 2014, Armidale Regional Council: $1,224 million 2013, Armidale Regional Council: $1,254 million 2012, Armidale Regional Council: $1,229 million 2011, Armidale Regional Council: $1,192 million 2010, Armidale Regional Council: $1,165 million 2009, Armidale Regional Council: $1,148 million 2008, Armidale Regional Council: $1,127 million 2007, Armidale Regional Council: $1,081 million 2006, Armidale Regional Council: $1,071 million 2005, Armidale Regional Council: $1,064 million 2004, Armidale Regional Council: $1,057 million 2003, Armidale Regional Council: $1,053 million 2002, Armidale Regional Council: $1,084 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2015, New South Wales: 132.5% 2014, New South Wales: 128.8% 2013, New South Wales: 125.7% 2012, New South Wales: 121.6% 2011, New South Wales: 120.5% 2010, New South Wales: 118.4% 2009, New South Wales: 115.9% 2008, New South Wales: 114.0% 2007, New South Wales: 111.4% 2006, New South Wales: 110.2% 2005, New South Wales: 108.8% 2004, New South Wales: 107.1% 2003, New South Wales: 103.8% 2002, New South Wales: 101.3% 2001, New South Wales: 100.0% 2015, Armidale Regional Council: 112.8% 2014, Armidale Regional Council: 110.3% 2013, Armidale Regional Council: 113.0% 2012, Armidale Regional Council: 110.8% 2011, Armidale Regional Council: 107.4% 2010, Armidale Regional Council: 104.9% 2009, Armidale Regional Council: 103.5% 2008, Armidale Regional Council: 101.6% 2007, Armidale Regional Council: 97.4% 2006, Armidale Regional Council: 96.5% 2005, Armidale Regional Council: 95.9% 2004, Armidale Regional Council: 95.3% 2003, Armidale Regional Council: 94.9% 2002, Armidale Regional Council: 97.7% 2001, Armidale Regional Council: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Armidale Regional CouncilNew South Wales
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeArmidale Regional Council as a % of New South Wales
20151,252+2.3112.8489,615+2.8132.50.26
20141,224-2.4110.3476,128+2.4128.80.26
20131,254+2.0113.0464,780+3.4125.70.27
20121,229+3.2110.8449,408+0.9121.60.27
20111,192+2.3107.4445,428+1.8120.50.27
20101,165+1.4104.9437,520+2.1118.40.27
20091,148+1.9103.5428,400+1.7115.90.27
20081,127+4.2101.6421,300+2.3114.00.27
20071,081+1.097.4411,865+1.1111.40.26
20061,071+0.696.5407,326+1.3110.20.26
20051,064+0.795.9402,191+1.5108.80.26
20041,057+0.495.3396,081+3.2107.10.27
20031,053-2.994.9383,667+2.4103.80.27
20021,084-2.397.7374,633+1.3101.30.29
20011,110--100.0369,653--100.00.30

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts

Data is based on 2015-16 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2015, Average annual growth rate: 0.8% 2014, Average annual growth rate: 0.8% 2013, Average annual growth rate: 0.8% 2012, Average annual growth rate: 0.8% 2011, Average annual growth rate: 0.8% 2010, Average annual growth rate: 0.8% 2009, Average annual growth rate: 0.8% 2008, Average annual growth rate: 0.8% 2007, Average annual growth rate: 0.8% 2006, Average annual growth rate: 0.8% 2005, Average annual growth rate: 0.8% 2004, Average annual growth rate: 0.8% 2003, Average annual growth rate: 0.8% 2015, New South Wales: 2.8% 2014, New South Wales: 2.4% 2013, New South Wales: 3.4% 2012, New South Wales: 0.9% 2011, New South Wales: 1.8% 2010, New South Wales: 2.1% 2009, New South Wales: 1.7% 2008, New South Wales: 2.3% 2007, New South Wales: 1.1% 2006, New South Wales: 1.3% 2005, New South Wales: 1.5% 2004, New South Wales: 3.2% 2003, New South Wales: 2.4% 2015, Armidale Regional Council: 2.3% 2014, Armidale Regional Council: -2.4% 2013, Armidale Regional Council: 2.0% 2012, Armidale Regional Council: 3.2% 2011, Armidale Regional Council: 2.3% 2010, Armidale Regional Council: 1.4% 2009, Armidale Regional Council: 1.9% 2008, Armidale Regional Council: 4.2% 2007, Armidale Regional Council: 1.0% 2006, Armidale Regional Council: 0.6% 2005, Armidale Regional Council: 0.7% 2004, Armidale Regional Council: 0.4% 2003, Armidale Regional Council: -2.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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