City of JoondalupEconomic profile
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City of Joondalup

Gross Regional Product

City of Joondalup’s Gross Regional Product was $5.96 billion in the year ending June 2016, declining -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 City. 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

City of Joondalup - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20165,955-2.65,2019,6170.54
20156,113+1.25,53210,4840.53
20146,038+1.35,58310,8230.52
20135,959-0.55,59610,8810.51
20125,990+5.05,49110,6200.52
20115,706+4.55,34210,3200.52
20105,460+4.44,8849,3470.52
20095,229+1.14,7479,0700.52
20085,170+8.14,5068,7870.51
20074,780+9.34,0107,9310.51
20064,376+3.73,6357,2150.50
20054,220+2.83,5187,1250.49
20044,106+2.93,3406,8840.49
20033,989+6.13,1326,5310.48
20023,761+5.33,0076,5070.46
20013,572--2,8646,0010.48

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 2014-15 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.

City of Joondalup - Gross Regional Product
City of Joondalup - Gross Regional Product 2001, Resident GRP: 6,001 million 2002, Resident GRP: 6,507 million 2003, Resident GRP: 6,531 million 2004, Resident GRP: 6,884 million 2005, Resident GRP: 7,125 million 2006, Resident GRP: 7,215 million 2007, Resident GRP: 7,931 million 2008, Resident GRP: 8,787 million 2009, Resident GRP: 9,070 million 2010, Resident GRP: 9,347 million 2011, Resident GRP: 10,320 million 2012, Resident GRP: 10,620 million 2013, Resident GRP: 10,881 million 2014, Resident GRP: 10,823 million 2015, Resident GRP: 10,484 million 2016, Resident GRP: 9,617 million 2001, Industry GRP: 2,864 million 2002, Industry GRP: 3,007 million 2003, Industry GRP: 3,132 million 2004, Industry GRP: 3,340 million 2005, Industry GRP: 3,518 million 2006, Industry GRP: 3,635 million 2007, Industry GRP: 4,010 million 2008, Industry GRP: 4,506 million 2009, Industry GRP: 4,747 million 2010, Industry GRP: 4,884 million 2011, Industry GRP: 5,342 million 2012, Industry GRP: 5,491 million 2013, Industry GRP: 5,596 million 2014, Industry GRP: 5,583 million 2015, Industry GRP: 5,532 million 2016, Industry GRP: 5,201 million 2001, Headline GRP: 3,572 million 2002, Headline GRP: 3,761 million 2003, Headline GRP: 3,989 million 2004, Headline GRP: 4,106 million 2005, Headline GRP: 4,220 million 2006, Headline GRP: 4,376 million 2007, Headline GRP: 4,780 million 2008, Headline GRP: 5,170 million 2009, Headline GRP: 5,229 million 2010, Headline GRP: 5,460 million 2011, Headline GRP: 5,706 million 2012, Headline GRP: 5,990 million 2013, Headline GRP: 5,959 million 2014, Headline GRP: 6,038 million 2015, Headline GRP: 6,113 million 2016, Headline GRP: 5,955 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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