Griffith CityEconomic profile

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Griffith City's Gross Regional Product was $1,391m 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, Griffith City: $1,391 million 2015, Griffith City: $1,409 million 2014, Griffith City: $1,439 million 2013, Griffith City: $1,426 million 2012, Griffith City: $1,440 million 2011, Griffith City: $1,549 million 2010, Griffith City: $1,571 million 2009, Griffith City: $1,556 million 2008, Griffith City: $1,591 million 2007, Griffith City: $1,545 million 2006, Griffith City: $1,581 million 2005, Griffith City: $1,542 million 2004, Griffith City: $1,506 million 2003, Griffith City: $1,524 million 2002, Griffith City: $1,545 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, New South Wales: 136.6% 2015, New South Wales: 131.1% 2014, New South Wales: 127.5% 2013, New South Wales: 125.0% 2012, New South Wales: 121.4% 2011, New South Wales: 120.3% 2010, New South Wales: 118.2% 2009, New South Wales: 115.8% 2008, New South Wales: 114.2% 2007, New South Wales: 111.5% 2006, New South Wales: 110.1% 2005, New South Wales: 109.0% 2004, New South Wales: 107.6% 2003, New South Wales: 104.2% 2002, New South Wales: 101.6% 2001, New South Wales: 100.0% 2016, Griffith City: 90.8% 2015, Griffith City: 92.0% 2014, Griffith City: 94.0% 2013, Griffith City: 93.1% 2012, Griffith City: 94.0% 2011, Griffith City: 101.1% 2010, Griffith City: 102.6% 2009, Griffith City: 101.6% 2008, Griffith City: 103.9% 2007, Griffith City: 100.9% 2006, Griffith City: 103.2% 2005, Griffith City: 100.7% 2004, Griffith City: 98.3% 2003, Griffith City: 99.5% 2002, Griffith City: 100.9% 2001, Griffith City: 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)
Griffith CityNew South Wales
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeGriffith City as a % of New South Wales
20161,391-1.390.8525,459+4.2136.60.26
20151,409-2.192.0504,428+2.8131.10.28
20141,439+0.994.0490,541+2.0127.50.29
20131,426-1.093.1480,938+3.0125.00.30
20121,440-7.094.0466,938+0.9121.40.31
20111,549-1.4101.1462,900+1.8120.30.33
20101,571+0.9102.6454,624+2.0118.20.35
20091,556-2.2101.6445,626+1.4115.80.35
20081,591+3.0103.9439,396+2.5114.20.36
20071,545-2.3100.9428,882+1.3111.50.36
20061,581+2.5103.2423,545+1.0110.10.37
20051,542+2.4100.7419,220+1.3109.00.37
20041,506-1.298.3413,769+3.2107.60.36
20031,524-1.499.5400,895+2.5104.20.38
20021,545+0.9100.9390,994+1.6101.60.40
20011,532--100.0384,669--100.00.40

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: -0.4% 2015, Average annual growth rate: -0.4% 2014, Average annual growth rate: -0.4% 2013, Average annual growth rate: -0.4% 2012, Average annual growth rate: -0.4% 2011, Average annual growth rate: -0.4% 2010, Average annual growth rate: -0.4% 2009, Average annual growth rate: -0.4% 2008, Average annual growth rate: -0.4% 2007, Average annual growth rate: -0.4% 2006, Average annual growth rate: -0.4% 2005, Average annual growth rate: -0.4% 2004, Average annual growth rate: -0.4% 2003, Average annual growth rate: -0.4% 2016, New South Wales: 4.2% 2015, New South Wales: 2.8% 2014, New South Wales: 2.0% 2013, New South Wales: 3.0% 2012, New South Wales: 0.9% 2011, New South Wales: 1.8% 2010, New South Wales: 2.0% 2009, New South Wales: 1.4% 2008, New South Wales: 2.5% 2007, New South Wales: 1.3% 2006, New South Wales: 1.0% 2005, New South Wales: 1.3% 2004, New South Wales: 3.2% 2003, New South Wales: 2.5% 2016, Griffith City: -1.3% 2015, Griffith City: -2.1% 2014, Griffith City: 0.9% 2013, Griffith City: -1.0% 2012, Griffith City: -7.0% 2011, Griffith City: -1.4% 2010, Griffith City: 0.9% 2009, Griffith City: -2.2% 2008, Griffith City: 3.0% 2007, Griffith City: -2.3% 2006, Griffith City: 2.5% 2005, Griffith City: 2.4% 2004, Griffith City: -1.2% 2003, Griffith City: -1.4%
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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