Goulburn MulwareeEconomic profile

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Goulburn Mulwaree Council area

Gross Regional Product

Goulburn Mulwaree Council area’s Gross Regional Product was $1.38 billion in the year ending June 2015, growing 2.6% 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
20151,378+2.61,1911,2750.93
20141,343+2.71,1761,2700.93
20131,308+4.61,1261,2330.91
20121,250+0.51,1181,2290.91
20111,24401,0781,1710.92
20101,244+0.11,0281,1020.93
20091,244-0.11,0291,0890.95
20081,245+0.91,0651,1120.96
20071,234+0.51,0231,0630.96
20061,228+0.21,0041,0380.97
20051,225+1.29771,0080.97
20041,211+3.29159420.97
20031,173+2.08688870.98
20021,150-1.18598780.98
20011,163--8708920.98

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 2013-14 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: 892 million 2002, Resident GRP: 878 million 2003, Resident GRP: 887 million 2004, Resident GRP: 942 million 2005, Resident GRP: 1,008 million 2006, Resident GRP: 1,038 million 2007, Resident GRP: 1,063 million 2008, Resident GRP: 1,112 million 2009, Resident GRP: 1,089 million 2010, Resident GRP: 1,102 million 2011, Resident GRP: 1,171 million 2012, Resident GRP: 1,229 million 2013, Resident GRP: 1,233 million 2014, Resident GRP: 1,270 million 2015, Resident GRP: 1,275 million 2001, Industry GRP: 870 million 2002, Industry GRP: 859 million 2003, Industry GRP: 868 million 2004, Industry GRP: 915 million 2005, Industry GRP: 977 million 2006, Industry GRP: 1,004 million 2007, Industry GRP: 1,023 million 2008, Industry GRP: 1,065 million 2009, Industry GRP: 1,029 million 2010, Industry GRP: 1,028 million 2011, Industry GRP: 1,078 million 2012, Industry GRP: 1,118 million 2013, Industry GRP: 1,126 million 2014, Industry GRP: 1,176 million 2015, Industry GRP: 1,191 million 2001, Headline GRP: 1,163 million 2002, Headline GRP: 1,150 million 2003, Headline GRP: 1,173 million 2004, Headline GRP: 1,211 million 2005, Headline GRP: 1,225 million 2006, Headline GRP: 1,228 million 2007, Headline GRP: 1,234 million 2008, Headline GRP: 1,245 million 2009, Headline GRP: 1,244 million 2010, Headline GRP: 1,244 million 2011, Headline GRP: 1,244 million 2012, Headline GRP: 1,250 million 2013, Headline GRP: 1,308 million 2014, Headline GRP: 1,343 million 2015, Headline GRP: 1,378 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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