Bankstown City CouncilEconomic profile

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Bankstown City's Gross Regional Product was $9,043m 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, Bankstown City: $9,043 million 2014, Bankstown City: $8,862 million 2013, Bankstown City: $8,696 million 2012, Bankstown City: $8,374 million 2011, Bankstown City: $8,375 million 2010, Bankstown City: $8,326 million 2009, Bankstown City: $8,260 million 2008, Bankstown City: $8,282 million 2007, Bankstown City: $8,118 million 2006, Bankstown City: $8,283 million 2005, Bankstown City: $8,438 million 2004, Bankstown City: $8,482 million 2003, Bankstown City: $8,347 million 2002, Bankstown City: $8,136 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, Greater Sydney: 136.1% 2014, Greater Sydney: 131.9% 2013, Greater Sydney: 128.4% 2012, Greater Sydney: 123.8% 2011, Greater Sydney: 122.6% 2010, Greater Sydney: 120.3% 2009, Greater Sydney: 117.6% 2008, Greater Sydney: 115.6% 2007, Greater Sydney: 112.8% 2006, Greater Sydney: 111.1% 2005, Greater Sydney: 109.5% 2004, Greater Sydney: 108.2% 2003, Greater Sydney: 104.9% 2002, Greater Sydney: 101.7% 2001, Greater Sydney: 100.0% 2015, Bankstown City: 110.4% 2014, Bankstown City: 108.2% 2013, Bankstown City: 106.2% 2012, Bankstown City: 102.3% 2011, Bankstown City: 102.3% 2010, Bankstown City: 101.7% 2009, Bankstown City: 100.9% 2008, Bankstown City: 101.1% 2007, Bankstown City: 99.1% 2006, Bankstown City: 101.1% 2005, Bankstown City: 103.0% 2004, Bankstown City: 103.6% 2003, Bankstown City: 101.9% 2002, Bankstown City: 99.3% 2001, Bankstown City: 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)
Bankstown CityGreater Sydney
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeBankstown City as a % of Greater Sydney
20159,043+2.0110.4364,436+3.2136.12.48
20148,862+1.9108.2353,286+2.7131.92.51
20138,696+3.8106.2343,884+3.7128.42.53
20128,3740•••102.3331,671+1.0123.82.52
20118,375+0.6102.3328,450+1.9122.62.55
20108,326+0.8101.7322,293+2.3120.32.58
20098,260-0.3100.9314,975+1.7117.62.62
20088,282+2.0101.1309,665+2.5115.62.67
20078,118-2.099.1301,989+1.5112.82.69
20068,283-1.8101.1297,470+1.5111.12.78
20058,438-0.5103.0293,204+1.2109.52.88
20048,482+1.6103.6289,662+3.1108.22.93
20038,347+2.6101.9280,890+3.1104.92.97
20028,136-0.799.3272,405+1.7101.72.99
20018,190--100.0267,822--100.03.06

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 2013-14 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: 0.6% 2014, Average annual growth rate: 0.6% 2013, Average annual growth rate: 0.6% 2012, Average annual growth rate: 0.6% 2011, Average annual growth rate: 0.6% 2010, Average annual growth rate: 0.6% 2009, Average annual growth rate: 0.6% 2008, Average annual growth rate: 0.6% 2007, Average annual growth rate: 0.6% 2006, Average annual growth rate: 0.6% 2005, Average annual growth rate: 0.6% 2004, Average annual growth rate: 0.6% 2003, Average annual growth rate: 0.6% 2015, Greater Sydney: 3.2% 2014, Greater Sydney: 2.7% 2013, Greater Sydney: 3.7% 2012, Greater Sydney: 1.0% 2011, Greater Sydney: 1.9% 2010, Greater Sydney: 2.3% 2009, Greater Sydney: 1.7% 2008, Greater Sydney: 2.5% 2007, Greater Sydney: 1.5% 2006, Greater Sydney: 1.5% 2005, Greater Sydney: 1.2% 2004, Greater Sydney: 3.1% 2003, Greater Sydney: 3.1% 2015, Bankstown City: 2.0% 2014, Bankstown City: 1.9% 2013, Bankstown City: 3.8% 2012, Bankstown City: 0.0% 2011, Bankstown City: 0.6% 2010, Bankstown City: 0.8% 2009, Bankstown City: -0.3% 2008, Bankstown City: 2.0% 2007, Bankstown City: -2.0% 2006, Bankstown City: -1.8% 2005, Bankstown City: -0.5% 2004, Bankstown City: 1.6% 2003, Bankstown City: 2.6%
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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