Gunnedah Shire CouncilEconomic profile

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The Gunnedah Shire's Gross Regional Product was $1,322m as of the 30th June 2015.

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 2015, Gunnedah Shire: $1,322 million 2014, Gunnedah Shire: $1,293 million 2013, Gunnedah Shire: $1,298 million 2012, Gunnedah Shire: $1,265 million 2011, Gunnedah Shire: $1,217 million 2010, Gunnedah Shire: $1,145 million 2009, Gunnedah Shire: $1,088 million 2008, Gunnedah Shire: $988 million 2007, Gunnedah Shire: $949 million 2006, Gunnedah Shire: $951 million 2005, Gunnedah Shire: $959 million 2004, Gunnedah Shire: $927 million 2003, Gunnedah Shire: $904 million 2002, Gunnedah Shire: $938 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 2015, New South Wales: 132.5% 2014, New South Wales: 128.8% 2013, New South Wales: 125.7% 2012, New South Wales: 121.6% 2011, New South Wales: 120.5% 2010, New South Wales: 118.4% 2009, New South Wales: 115.9% 2008, New South Wales: 114.0% 2007, New South Wales: 111.4% 2006, New South Wales: 110.2% 2005, New South Wales: 108.8% 2004, New South Wales: 107.1% 2003, New South Wales: 103.8% 2002, New South Wales: 101.3% 2001, New South Wales: 100.0% 2015, Gunnedah Shire: 142.3% 2014, Gunnedah Shire: 139.2% 2013, Gunnedah Shire: 139.8% 2012, Gunnedah Shire: 136.2% 2011, Gunnedah Shire: 131.0% 2010, Gunnedah Shire: 123.3% 2009, Gunnedah Shire: 117.1% 2008, Gunnedah Shire: 106.4% 2007, Gunnedah Shire: 102.2% 2006, Gunnedah Shire: 102.4% 2005, Gunnedah Shire: 103.2% 2004, Gunnedah Shire: 99.9% 2003, Gunnedah Shire: 97.4% 2002, Gunnedah Shire: 101.0% 2001, Gunnedah Shire: 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)
Gunnedah ShireNew South Wales
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeGunnedah Shire as a % of New South Wales
20151,322+2.2142.3489,615+2.8132.50.27
20141,293-0.4139.2476,128+2.4128.80.27
20131,298+2.7139.8464,780+3.4125.70.28
20121,265+4.0136.2449,408+0.9121.60.28
20111,217+6.3131.0445,428+1.8120.50.27
20101,145+5.2123.3437,520+2.1118.40.26
20091,088+10.0117.1428,400+1.7115.90.25
2008988+4.1106.4421,300+2.3114.00.23
2007949-0.2•••102.2411,865+1.1111.40.23
2006951-0.8102.4407,326+1.3110.20.23
2005959+3.4103.2402,191+1.5108.80.24
2004927+2.599.9396,081+3.2107.10.23
2003904-3.697.4383,667+2.4103.80.24
2002938+1.0101.0374,633+1.3101.30.25
2001929--100.0369,653--100.00.25

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.

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2015, Average annual growth rate: 2.4% 2014, Average annual growth rate: 2.4% 2013, Average annual growth rate: 2.4% 2012, Average annual growth rate: 2.4% 2011, Average annual growth rate: 2.4% 2010, Average annual growth rate: 2.4% 2009, Average annual growth rate: 2.4% 2008, Average annual growth rate: 2.4% 2007, Average annual growth rate: 2.4% 2006, Average annual growth rate: 2.4% 2005, Average annual growth rate: 2.4% 2004, Average annual growth rate: 2.4% 2003, Average annual growth rate: 2.4% 2015, New South Wales: 2.8% 2014, New South Wales: 2.4% 2013, New South Wales: 3.4% 2012, New South Wales: 0.9% 2011, New South Wales: 1.8% 2010, New South Wales: 2.1% 2009, New South Wales: 1.7% 2008, New South Wales: 2.3% 2007, New South Wales: 1.1% 2006, New South Wales: 1.3% 2005, New South Wales: 1.5% 2004, New South Wales: 3.2% 2003, New South Wales: 2.4% 2015, Gunnedah Shire: 2.2% 2014, Gunnedah Shire: -0.4% 2013, Gunnedah Shire: 2.7% 2012, Gunnedah Shire: 4.0% 2011, Gunnedah Shire: 6.3% 2010, Gunnedah Shire: 5.2% 2009, Gunnedah Shire: 10.0% 2008, Gunnedah Shire: 4.1% 2007, Gunnedah Shire: -0.2% 2006, Gunnedah Shire: -0.8% 2005, Gunnedah Shire: 3.4% 2004, Gunnedah Shire: 2.5% 2003, Gunnedah Shire: -3.6%
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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