Inner West Council area

Gross product

The Inner West Council area's Gross Regional Product was $12,143m in 2021/22.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
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Gross Regional Product (GRP)
Inner West Council areaNew South Wales
Year (ending June 30)$GRP $m% change from previous yearCumulative change$GRP $m% change from previous yearCumulative changeInner West Council area as a % of New South Wales
202212,143-0.92143+661,320.91+1.87+151.76+1.84
202112,256+3.06144+649,163.09+2.58+148.97+1.89
202011,891-1.67140+632,807.75-0.65+145.22+1.88
201912,093+1.73142+636,945.54+2.61+146.16+1.90
201811,887+1.34140+620,724.44+2.10+142.44+1.92
201711,730+2.21138+607,946.96+2.86+139.51+1.93
201611,477+4.19135+591,069.56+3.74+135.64+1.94
201511,015+2.60130+569,777.28+2.70+130.75+1.93
201410,736+2.99126+554,795.20+2.25+127.31+1.94
201310,424+1.70123+542,578.34+2.15+124.51+1.92
201210,250+1.57121+531,158.96+2.38+121.89+1.93
201110,092+0.18119+518,800.96+1.93+119.05+1.95
201010,073+1.39119+508,991.98+1.51+116.80+1.98
20099,935+2.22117+501,435.33+1.43+115.07+1.98
20089,719+2.59114+494,374.94+2.04+113.45+1.97
20079,474+1.96112+484,490.28+1.70+111.18+1.96
20069,292+0.70109+476,381.17+1.15+109.32+1.95
20059,227+1.34109+470,947.25+1.34+108.07+1.96
20049,105+2.27107+464,738.56+2.65+106.65+1.96
20038,903+3.49105+452,759.36+2.05+103.90+1.97
20028,602+1.31101+443,673.15+1.81+101.81+1.94
20018,491--100+435,772.60--+100.00+1.95

Inner West Council

economic profile