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Goulburn Mulwaree Council area

Gross Regional Product

Goulburn Mulwaree Council area’s Gross Regional Product was $1.44 billion in the year ending June 2016, growing 1.6% 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 Council. 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

Goulburn Mulwaree 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
20161,441+1.61,2021,3370.90
20151,419+0.81,1981,3060.92
20141,407+2.71,1731,2750.92
20131,370+2.81,1421,2510.91
20121,333+0.11,1431,2450.92
20111,332+0.81,1041,1890.93
20101,320+0.51,0501,1190.94
20091,314+0.31,0461,1030.95
20081,31101,0751,1220.96
20071,311-1.51,0381,0730.97
20061,331+0.11,0071,0380.97
20051,329+1.89861,0130.97
20041,306+1.89579740.98
20031,284+0.79179260.99
20021,275-1.69109101.00
20011,295--9259271.00

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.

Goulburn Mulwaree Council area - Gross Regional Product
Goulburn Mulwaree Council area - Gross Regional Product 2001, Resident GRP: 927 million 2002, Resident GRP: 910 million 2003, Resident GRP: 926 million 2004, Resident GRP: 974 million 2005, Resident GRP: 1,013 million 2006, Resident GRP: 1,038 million 2007, Resident GRP: 1,073 million 2008, Resident GRP: 1,122 million 2009, Resident GRP: 1,103 million 2010, Resident GRP: 1,119 million 2011, Resident GRP: 1,189 million 2012, Resident GRP: 1,245 million 2013, Resident GRP: 1,251 million 2014, Resident GRP: 1,275 million 2015, Resident GRP: 1,306 million 2016, Resident GRP: 1,337 million 2001, Industry GRP: 925 million 2002, Industry GRP: 910 million 2003, Industry GRP: 917 million 2004, Industry GRP: 957 million 2005, Industry GRP: 986 million 2006, Industry GRP: 1,007 million 2007, Industry GRP: 1,038 million 2008, Industry GRP: 1,075 million 2009, Industry GRP: 1,046 million 2010, Industry GRP: 1,050 million 2011, Industry GRP: 1,104 million 2012, Industry GRP: 1,143 million 2013, Industry GRP: 1,142 million 2014, Industry GRP: 1,173 million 2015, Industry GRP: 1,198 million 2016, Industry GRP: 1,202 million 2001, Headline GRP: 1,295 million 2002, Headline GRP: 1,275 million 2003, Headline GRP: 1,284 million 2004, Headline GRP: 1,306 million 2005, Headline GRP: 1,329 million 2006, Headline GRP: 1,331 million 2007, Headline GRP: 1,311 million 2008, Headline GRP: 1,311 million 2009, Headline GRP: 1,314 million 2010, Headline GRP: 1,320 million 2011, Headline GRP: 1,332 million 2012, Headline GRP: 1,333 million 2013, Headline GRP: 1,370 million 2014, Headline GRP: 1,407 million 2015, Headline GRP: 1,419 million 2016, Headline GRP: 1,441 million
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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