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West Coast Council area

Gross product

West Coast Council area's Gross Regional Product was $313m 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, West Coast Council area: $313 million 2015, West Coast Council area: $312 million 2014, West Coast Council area: $322 million 2013, West Coast Council area: $324 million 2012, West Coast Council area: $344 million 2011, West Coast Council area: $319 million 2010, West Coast Council area: $330 million 2009, West Coast Council area: $328 million 2008, West Coast Council area: $303 million 2007, West Coast Council area: $284 million 2006, West Coast Council area: $299 million 2005, West Coast Council area: $304 million 2004, West Coast Council area: $322 million 2003, West Coast Council area: $324 million 2002, West Coast Council area: $341 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, West Coast Council area: 93.6% 2015, West Coast Council area: 93.3% 2014, West Coast Council area: 96.3% 2013, West Coast Council area: 96.9% 2012, West Coast Council area: 103.0% 2011, West Coast Council area: 95.5% 2010, West Coast Council area: 98.8% 2009, West Coast Council area: 98.1% 2008, West Coast Council area: 90.6% 2007, West Coast Council area: 85.0% 2006, West Coast Council area: 89.5% 2005, West Coast Council area: 90.8% 2004, West Coast Council area: 96.2% 2003, West Coast Council area: 96.9% 2002, West Coast Council area: 101.9% 2001, West Coast 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)
West Coast Council areaGreater Hobart
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeWest Coast Council area as a % of Greater Hobart
2016313+0.393.612,310+2.5144.12.54
2015312-3.193.312,009+1.7140.62.60
2014322-0.796.311,810+5.3138.22.73
2013324-5.996.911,219-0.9131.32.89
2012344+7.8103.011,324-2.1132.53.04
2011319-3.395.511,568+1.0135.42.76
2010330+0.798.811,455+1.3134.12.88
2009328+8.398.111,312+1.2132.42.90
2008303+6.690.611,179+1.2130.82.71
2007284-5.085.011,042+1.6129.22.57
2006299-1.589.510,871+4.9127.22.75
2005304-5.690.810,362+4.1121.32.93
2004322-0.796.29,954+9.6116.53.23
2003324-4.996.99,086+1.7106.33.57
2002341+1.9101.98,937+4.6104.63.81
2001334--100.08,544--100.03.91

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: -0.1% 2015, Average annual growth rate: -0.1% 2014, Average annual growth rate: -0.1% 2013, Average annual growth rate: -0.1% 2012, Average annual growth rate: -0.1% 2011, Average annual growth rate: -0.1% 2010, Average annual growth rate: -0.1% 2009, Average annual growth rate: -0.1% 2008, Average annual growth rate: -0.1% 2007, Average annual growth rate: -0.1% 2006, Average annual growth rate: -0.1% 2005, Average annual growth rate: -0.1% 2004, Average annual growth rate: -0.1% 2003, Average annual growth rate: -0.1% 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, West Coast Council area: 0.3% 2015, West Coast Council area: -3.1% 2014, West Coast Council area: -0.7% 2013, West Coast Council area: -5.9% 2012, West Coast Council area: 7.8% 2011, West Coast Council area: -3.3% 2010, West Coast Council area: 0.7% 2009, West Coast Council area: 8.3% 2008, West Coast Council area: 6.6% 2007, West Coast Council area: -5.0% 2006, West Coast Council area: -1.5% 2005, West Coast Council area: -5.6% 2004, West Coast Council area: -0.7% 2003, West Coast Council area: -4.9%
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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