Cradle Coast RegionEconomic profile
Skip to content

Cradle Coast Region

Gross product

The Cradle Coast Region's Gross Regional Product was $5,509m 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, Cradle Coast Region: $5,509 million 2015, Cradle Coast Region: $5,509 million 2014, Cradle Coast Region: $5,391 million 2013, Cradle Coast Region: $5,193 million 2012, Cradle Coast Region: $5,290 million 2011, Cradle Coast Region: $5,369 million 2010, Cradle Coast Region: $5,399 million 2009, Cradle Coast Region: $5,437 million 2008, Cradle Coast Region: $5,321 million 2007, Cradle Coast Region: $5,245 million 2006, Cradle Coast Region: $5,125 million 2005, Cradle Coast Region: $4,816 million 2004, Cradle Coast Region: $4,569 million 2003, Cradle Coast Region: $4,153 million 2002, Cradle Coast Region: $4,101 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, Cradle Coast Region: 138.4% 2015, Cradle Coast Region: 138.4% 2014, Cradle Coast Region: 135.4% 2013, Cradle Coast Region: 130.5% 2012, Cradle Coast Region: 132.9% 2011, Cradle Coast Region: 134.9% 2010, Cradle Coast Region: 135.6% 2009, Cradle Coast Region: 136.6% 2008, Cradle Coast Region: 133.7% 2007, Cradle Coast Region: 131.7% 2006, Cradle Coast Region: 128.7% 2005, Cradle Coast Region: 121.0% 2004, Cradle Coast Region: 114.8% 2003, Cradle Coast Region: 104.3% 2002, Cradle Coast Region: 103.0% 2001, Cradle Coast Region: 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)
Cradle Coast RegionGreater Hobart
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCradle Coast Region as a % of Greater Hobart
20165,5090•••138.412,310+2.5144.144.76
20155,509+2.2138.412,009+1.7140.645.88
20145,391+3.8135.411,810+5.3138.245.65
20135,193-1.8130.511,219-0.9131.346.29
20125,290-1.5132.911,324-2.1132.546.72
20115,369-0.5134.911,568+1.0135.446.42
20105,399-0.7135.611,455+1.3134.147.13
20095,437+2.2136.611,312+1.2132.448.07
20085,321+1.4133.711,179+1.2130.847.59
20075,245+2.3131.711,042+1.6129.247.49
20065,125+6.4128.710,871+4.9127.247.15
20054,816+5.4121.010,362+4.1121.346.48
20044,569+10.0114.89,954+9.6116.545.90
20034,153+1.3104.39,086+1.7106.345.70
20024,101+3.0103.08,937+4.6104.645.89
20013,981--100.08,544--100.046.59

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 2016, Average annual growth rate: 1.9% 2015, Average annual growth rate: 1.9% 2014, Average annual growth rate: 1.9% 2013, Average annual growth rate: 1.9% 2012, Average annual growth rate: 1.9% 2011, Average annual growth rate: 1.9% 2010, Average annual growth rate: 1.9% 2009, Average annual growth rate: 1.9% 2008, Average annual growth rate: 1.9% 2007, Average annual growth rate: 1.9% 2006, Average annual growth rate: 1.9% 2005, Average annual growth rate: 1.9% 2004, Average annual growth rate: 1.9% 2003, Average annual growth rate: 1.9% 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, Cradle Coast Region: 0.0% 2015, Cradle Coast Region: 2.2% 2014, Cradle Coast Region: 3.8% 2013, Cradle Coast Region: -1.8% 2012, Cradle Coast Region: -1.5% 2011, Cradle Coast Region: -0.5% 2010, Cradle Coast Region: -0.7% 2009, Cradle Coast Region: 2.2% 2008, Cradle Coast Region: 1.4% 2007, Cradle Coast Region: 2.3% 2006, Cradle Coast Region: 6.4% 2005, Cradle Coast Region: 5.4% 2004, Cradle Coast Region: 10.0% 2003, Cradle Coast Region: 1.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
v17.08.15-1.0.0