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Murchison Area

Gross product

Murchison Area's Gross Regional Product was $1,457m 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, Murchison Area: $1,457 million 2015, Murchison Area: $1,464 million 2014, Murchison Area: $1,446 million 2013, Murchison Area: $1,437 million 2012, Murchison Area: $1,477 million 2011, Murchison Area: $1,456 million 2010, Murchison Area: $1,473 million 2009, Murchison Area: $1,491 million 2008, Murchison Area: $1,426 million 2007, Murchison Area: $1,375 million 2006, Murchison Area: $1,369 million 2005, Murchison Area: $1,315 million 2004, Murchison Area: $1,295 million 2003, Murchison Area: $1,205 million 2002, Murchison Area: $1,230 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, Murchison Area: 120.1% 2015, Murchison Area: 120.6% 2014, Murchison Area: 119.1% 2013, Murchison Area: 118.4% 2012, Murchison Area: 121.7% 2011, Murchison Area: 120.0% 2010, Murchison Area: 121.4% 2009, Murchison Area: 122.9% 2008, Murchison Area: 117.5% 2007, Murchison Area: 113.3% 2006, Murchison Area: 112.8% 2005, Murchison Area: 108.4% 2004, Murchison Area: 106.7% 2003, Murchison Area: 99.2% 2002, Murchison Area: 101.3% 2001, Murchison 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)
Murchison AreaGreater Hobart
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeMurchison Area as a % of Greater Hobart
20161,457-0.4120.112,310+2.5144.111.84
20151,464+1.2120.612,009+1.7140.612.19
20141,446+0.6119.111,810+5.3138.212.24
20131,437-2.7118.411,219-0.9131.312.81
20121,477+1.4121.711,324-2.1132.513.05
20111,456-1.1120.011,568+1.0135.412.59
20101,473-1.2121.411,455+1.3134.112.86
20091,491+4.6122.911,312+1.2132.413.18
20081,426+3.7117.511,179+1.2130.812.76
20071,375+0.4113.311,042+1.6129.212.45
20061,369+4.1112.810,871+4.9127.212.59
20051,315+1.6108.410,362+4.1121.312.69
20041,295+7.5106.79,954+9.6116.513.01
20031,205-2.099.29,086+1.7106.313.26
20021,230+1.3101.38,937+4.6104.613.76
20011,214--100.08,544--100.014.21

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: 1.0% 2015, Average annual growth rate: 1.0% 2014, Average annual growth rate: 1.0% 2013, Average annual growth rate: 1.0% 2012, Average annual growth rate: 1.0% 2011, Average annual growth rate: 1.0% 2010, Average annual growth rate: 1.0% 2009, Average annual growth rate: 1.0% 2008, Average annual growth rate: 1.0% 2007, Average annual growth rate: 1.0% 2006, Average annual growth rate: 1.0% 2005, Average annual growth rate: 1.0% 2004, Average annual growth rate: 1.0% 2003, Average annual growth rate: 1.0% 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, Murchison Area: -0.4% 2015, Murchison Area: 1.2% 2014, Murchison Area: 0.6% 2013, Murchison Area: -2.7% 2012, Murchison Area: 1.4% 2011, Murchison Area: -1.1% 2010, Murchison Area: -1.2% 2009, Murchison Area: 4.6% 2008, Murchison Area: 3.7% 2007, Murchison Area: 0.4% 2006, Murchison Area: 4.1% 2005, Murchison Area: 1.6% 2004, Murchison Area: 7.5% 2003, Murchison Area: -2.0%
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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