Camden CouncilEconomic profile
Skip to content

Camden Council area

Gross Regional Product

Camden Council area’s Gross Regional Product was $3.48 billion in the year ending June 2016, growing 14.9% since the previous year.

Headline Gross Regional Product (GRP) is a measure of size or net wealth generated by the local economy. Changes in this figure over time can represent changes in employment, productivity or the types of industries in the area.

Local Industry GRP shows the value of the local economy, generated by the local workers within the area regardless of where they live, after taxes and dividends leave the area. It is best thought of as GRP produced by local industries.

Local Residents GRP refers to the economic output of the residents of the area regardless of where they work. It is best thought of as the income received by people in the City. If the Residents GRP is high relative to the Local Industry GRP, this indicates that residents are contributing their economic productivity to other areas (most likely commuting out).

To understand the relative size of these measures and reasons behind the differences, GRP data should be viewed in conjunction with Jobs to workers ratio and Employment self-containment datasets. To understand the main contributors to GRP, this dataset should be viewed in conjunction with industry Value added.

National Economics (NIEIR) - Modelled series

Camden Council area - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20163,478+14.92,6303,7690.70
20153,028+8.22,4653,5870.69
20142,799+6.02,3113,4480.67
20132,640+7.92,1753,3190.66
20122,448+3.42,1283,2830.65
20112,367+5.42,0143,0680.66
20102,245+2.81,8442,8110.66
20092,183+4.81,7712,7350.65
20082,082+4.01,7772,7330.65
20072,002+0.21,6702,5660.65
20061,997-0.51,6302,4910.65
20052,008+3.11,5762,4280.65
20041,948+2.01,4622,2940.64
20031,910+2.81,3902,1700.64
20021,859+2.21,3512,1160.64
20011,818--1,3062,0190.65

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 2014-15 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.

Camden Council area - Gross Regional Product
Camden Council area - Gross Regional Product 2001, Resident GRP: 2,019 million 2002, Resident GRP: 2,116 million 2003, Resident GRP: 2,170 million 2004, Resident GRP: 2,294 million 2005, Resident GRP: 2,428 million 2006, Resident GRP: 2,491 million 2007, Resident GRP: 2,566 million 2008, Resident GRP: 2,733 million 2009, Resident GRP: 2,735 million 2010, Resident GRP: 2,811 million 2011, Resident GRP: 3,068 million 2012, Resident GRP: 3,283 million 2013, Resident GRP: 3,319 million 2014, Resident GRP: 3,448 million 2015, Resident GRP: 3,587 million 2016, Resident GRP: 3,769 million 2001, Industry GRP: 1,306 million 2002, Industry GRP: 1,351 million 2003, Industry GRP: 1,390 million 2004, Industry GRP: 1,462 million 2005, Industry GRP: 1,576 million 2006, Industry GRP: 1,630 million 2007, Industry GRP: 1,670 million 2008, Industry GRP: 1,777 million 2009, Industry GRP: 1,771 million 2010, Industry GRP: 1,844 million 2011, Industry GRP: 2,014 million 2012, Industry GRP: 2,128 million 2013, Industry GRP: 2,175 million 2014, Industry GRP: 2,311 million 2015, Industry GRP: 2,465 million 2016, Industry GRP: 2,630 million 2001, Headline GRP: 1,818 million 2002, Headline GRP: 1,859 million 2003, Headline GRP: 1,910 million 2004, Headline GRP: 1,948 million 2005, Headline GRP: 2,008 million 2006, Headline GRP: 1,997 million 2007, Headline GRP: 2,002 million 2008, Headline GRP: 2,082 million 2009, Headline GRP: 2,183 million 2010, Headline GRP: 2,245 million 2011, Headline GRP: 2,367 million 2012, Headline GRP: 2,448 million 2013, Headline GRP: 2,640 million 2014, Headline GRP: 2,799 million 2015, Headline GRP: 3,028 million 2016, Headline GRP: 3,478 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

To continue building your economic story go to...

v17.12.12-1.0.0