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Circular Head Council area

Gross product

Circular Head Council area's Gross Regional Product was $531m as of the 30th June 2016.

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 2016, Circular Head Council area: $531 million 2015, Circular Head Council area: $540 million 2014, Circular Head Council area: $528 million 2013, Circular Head Council area: $523 million 2012, Circular Head Council area: $517 million 2011, Circular Head Council area: $520 million 2010, Circular Head Council area: $531 million 2009, Circular Head Council area: $544 million 2008, Circular Head Council area: $523 million 2007, Circular Head Council area: $516 million 2006, Circular Head Council area: $516 million 2005, Circular Head Council area: $497 million 2004, Circular Head Council area: $474 million 2003, Circular Head Council area: $433 million 2002, Circular Head Council area: $442 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 2016, Greater Hobart: 144.1% 2015, Greater Hobart: 140.6% 2014, Greater Hobart: 138.2% 2013, Greater Hobart: 131.3% 2012, Greater Hobart: 132.5% 2011, Greater Hobart: 135.4% 2010, Greater Hobart: 134.1% 2009, Greater Hobart: 132.4% 2008, Greater Hobart: 130.8% 2007, Greater Hobart: 129.2% 2006, Greater Hobart: 127.2% 2005, Greater Hobart: 121.3% 2004, Greater Hobart: 116.5% 2003, Greater Hobart: 106.3% 2002, Greater Hobart: 104.6% 2001, Greater Hobart: 100.0% 2016, Circular Head Council area: 120.5% 2015, Circular Head Council area: 122.4% 2014, Circular Head Council area: 119.7% 2013, Circular Head Council area: 118.7% 2012, Circular Head Council area: 117.3% 2011, Circular Head Council area: 118.0% 2010, Circular Head Council area: 120.3% 2009, Circular Head Council area: 123.3% 2008, Circular Head Council area: 118.6% 2007, Circular Head Council area: 117.0% 2006, Circular Head Council area: 117.0% 2005, Circular Head Council area: 112.7% 2004, Circular Head Council area: 107.6% 2003, Circular Head Council area: 98.2% 2002, Circular Head Council area: 100.3% 2001, Circular Head Council area: 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)
Circular Head Council areaGreater Hobart
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCircular Head Council area as a % of Greater Hobart
2016531-1.5120.512,310+2.5144.14.32
2015540+2.2122.412,009+1.7140.64.49
2014528+0.8119.711,810+5.3138.24.47
2013523+1.2118.711,219-0.9131.34.66
2012517-0.6117.311,324-2.1132.54.57
2011520-2.0118.011,568+1.0135.44.50
2010531-2.4120.311,455+1.3134.14.63
2009544+3.9123.311,312+1.2132.44.81
2008523+1.4118.611,179+1.2130.84.68
20075160•••117.011,042+1.6129.24.67
2006516+3.8117.010,871+4.9127.24.75
2005497+4.8112.710,362+4.1121.34.80
2004474+9.5107.69,954+9.6116.54.76
2003433-2.198.29,086+1.7106.34.77
2002442+0.3100.38,937+4.6104.64.95
2001441--100.08,544--100.05.16

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.

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2016, Average annual growth rate: 0.9% 2015, Average annual growth rate: 0.9% 2014, Average annual growth rate: 0.9% 2013, Average annual growth rate: 0.9% 2012, Average annual growth rate: 0.9% 2011, Average annual growth rate: 0.9% 2010, Average annual growth rate: 0.9% 2009, Average annual growth rate: 0.9% 2008, Average annual growth rate: 0.9% 2007, Average annual growth rate: 0.9% 2006, Average annual growth rate: 0.9% 2005, Average annual growth rate: 0.9% 2004, Average annual growth rate: 0.9% 2003, Average annual growth rate: 0.9% 2016, Greater Hobart: 2.5% 2015, Greater Hobart: 1.7% 2014, Greater Hobart: 5.3% 2013, Greater Hobart: -0.9% 2012, Greater Hobart: -2.1% 2011, Greater Hobart: 1.0% 2010, Greater Hobart: 1.3% 2009, Greater Hobart: 1.2% 2008, Greater Hobart: 1.2% 2007, Greater Hobart: 1.6% 2006, Greater Hobart: 4.9% 2005, Greater Hobart: 4.1% 2004, Greater Hobart: 9.6% 2003, Greater Hobart: 1.7% 2016, Circular Head Council area: -1.5% 2015, Circular Head Council area: 2.2% 2014, Circular Head Council area: 0.8% 2013, Circular Head Council area: 1.2% 2012, Circular Head Council area: -0.6% 2011, Circular Head Council area: -2.0% 2010, Circular Head Council area: -2.4% 2009, Circular Head Council area: 3.9% 2008, Circular Head Council area: 1.4% 2007, Circular Head Council area: 0.0% 2006, Circular Head Council area: 3.8% 2005, Circular Head Council area: 4.8% 2004, Circular Head Council area: 9.5% 2003, Circular Head Council area: -2.1%
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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