City of IpswichEconomic profile

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The City of Ipswich's Gross Regional Product was $7,890m 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, City of Ipswich: $7,890 million 2014, City of Ipswich: $7,856 million 2013, City of Ipswich: $7,547 million 2012, City of Ipswich: $7,429 million 2011, City of Ipswich: $7,102 million 2010, City of Ipswich: $6,906 million 2009, City of Ipswich: $6,958 million 2008, City of Ipswich: $6,810 million 2007, City of Ipswich: $6,347 million 2006, City of Ipswich: $5,894 million 2005, City of Ipswich: $5,378 million 2004, City of Ipswich: $4,890 million 2003, City of Ipswich: $4,557 million 2002, City of Ipswich: $4,477 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, Queensland: 164.6% 2014, Queensland: 166.2% 2013, Queensland: 158.6% 2012, Queensland: 154.2% 2011, Queensland: 146.7% 2010, Queensland: 145.3% 2009, Queensland: 145.7% 2008, Queensland: 143.8% 2007, Queensland: 137.9% 2006, Queensland: 129.7% 2005, Queensland: 121.7% 2004, Queensland: 113.2% 2003, Queensland: 108.0% 2002, Queensland: 105.5% 2001, Queensland: 100.0% 2015, City of Ipswich: 187.9% 2014, City of Ipswich: 187.1% 2013, City of Ipswich: 179.7% 2012, City of Ipswich: 176.9% 2011, City of Ipswich: 169.1% 2010, City of Ipswich: 164.5% 2009, City of Ipswich: 165.7% 2008, City of Ipswich: 162.2% 2007, City of Ipswich: 151.1% 2006, City of Ipswich: 140.4% 2005, City of Ipswich: 128.1% 2004, City of Ipswich: 116.4% 2003, City of Ipswich: 108.5% 2002, City of Ipswich: 106.6% 2001, City of Ipswich: 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)
City of IpswichQueensland
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Ipswich as a % of Queensland
20157,890+0.4187.9290,094-0.9164.62.72
20147,856+4.1187.1292,802+4.8166.22.68
20137,547+1.6179.7279,489+2.9158.62.70
20127,429+4.6176.9271,653+5.1154.22.73
20117,102+2.8169.1258,440+0.9146.72.75
20106,906-0.7164.5256,008-0.3145.32.70
20096,958+2.2165.7256,678+1.3145.72.71
20086,810+7.3162.2253,373+4.3143.82.69
20076,347+7.7151.1242,925+6.3137.92.61
20065,894+9.6140.4228,471+6.5129.72.58
20055,378+10.0128.1214,498+7.6121.72.51
20044,890+7.3116.4199,422+4.8113.22.45
20034,557+1.8108.5190,239+2.3108.02.40
20024,477+6.6106.6185,993+5.5105.52.41
20014,199--100.0176,219--100.02.38

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: 4.7% 2014, Average annual growth rate: 4.7% 2013, Average annual growth rate: 4.7% 2012, Average annual growth rate: 4.7% 2011, Average annual growth rate: 4.7% 2010, Average annual growth rate: 4.7% 2009, Average annual growth rate: 4.7% 2008, Average annual growth rate: 4.7% 2007, Average annual growth rate: 4.7% 2006, Average annual growth rate: 4.7% 2005, Average annual growth rate: 4.7% 2004, Average annual growth rate: 4.7% 2003, Average annual growth rate: 4.7% 2015, Queensland: -0.9% 2014, Queensland: 4.8% 2013, Queensland: 2.9% 2012, Queensland: 5.1% 2011, Queensland: 0.9% 2010, Queensland: -0.3% 2009, Queensland: 1.3% 2008, Queensland: 4.3% 2007, Queensland: 6.3% 2006, Queensland: 6.5% 2005, Queensland: 7.6% 2004, Queensland: 4.8% 2003, Queensland: 2.3% 2015, City of Ipswich: 0.4% 2014, City of Ipswich: 4.1% 2013, City of Ipswich: 1.6% 2012, City of Ipswich: 4.6% 2011, City of Ipswich: 2.8% 2010, City of Ipswich: -0.7% 2009, City of Ipswich: 2.2% 2008, City of Ipswich: 7.3% 2007, City of Ipswich: 7.7% 2006, City of Ipswich: 9.6% 2005, City of Ipswich: 10.0% 2004, City of Ipswich: 7.3% 2003, City of Ipswich: 1.8%
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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