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Macarthur Region

Gross Regional Product

Macarthur Region’s Gross Regional Product was $11.17 billion in the year ending June 2016, growing 8.1% 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 Region. 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

Macarthur Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201611,172+8.19,08513,2620.69
201510,340+4.78,66612,7650.68
20149,875+2.78,31312,3480.67
20139,619+3.98,07212,0140.67
20129,262+1.48,08412,0310.67
20119,130+2.67,66611,4180.67
20108,895+2.87,17310,6680.67
20098,656+1.07,04710,4760.67
20088,574+2.57,09910,6210.67
20078,369-0.16,75510,0850.67
20068,377+0.76,6469,8540.67
20058,320+1.46,4749,6410.67
20048,204+2.26,0459,1120.66
20038,027+3.15,7548,6370.67
20027,788+1.65,6098,4690.66
20017,668--5,5858,3100.67

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.

Macarthur Region - Gross Regional Product
Macarthur Region - Gross Regional Product 2001, Resident GRP: 8,310 million 2002, Resident GRP: 8,469 million 2003, Resident GRP: 8,637 million 2004, Resident GRP: 9,112 million 2005, Resident GRP: 9,641 million 2006, Resident GRP: 9,854 million 2007, Resident GRP: 10,085 million 2008, Resident GRP: 10,621 million 2009, Resident GRP: 10,476 million 2010, Resident GRP: 10,668 million 2011, Resident GRP: 11,418 million 2012, Resident GRP: 12,031 million 2013, Resident GRP: 12,014 million 2014, Resident GRP: 12,348 million 2015, Resident GRP: 12,765 million 2016, Resident GRP: 13,262 million 2001, Industry GRP: 5,585 million 2002, Industry GRP: 5,609 million 2003, Industry GRP: 5,754 million 2004, Industry GRP: 6,045 million 2005, Industry GRP: 6,474 million 2006, Industry GRP: 6,646 million 2007, Industry GRP: 6,755 million 2008, Industry GRP: 7,099 million 2009, Industry GRP: 7,047 million 2010, Industry GRP: 7,173 million 2011, Industry GRP: 7,666 million 2012, Industry GRP: 8,084 million 2013, Industry GRP: 8,072 million 2014, Industry GRP: 8,313 million 2015, Industry GRP: 8,666 million 2016, Industry GRP: 9,085 million 2001, Headline GRP: 7,668 million 2002, Headline GRP: 7,788 million 2003, Headline GRP: 8,027 million 2004, Headline GRP: 8,204 million 2005, Headline GRP: 8,320 million 2006, Headline GRP: 8,377 million 2007, Headline GRP: 8,369 million 2008, Headline GRP: 8,574 million 2009, Headline GRP: 8,656 million 2010, Headline GRP: 8,895 million 2011, Headline GRP: 9,130 million 2012, Headline GRP: 9,262 million 2013, Headline GRP: 9,619 million 2014, Headline GRP: 9,875 million 2015, Headline GRP: 10,340 million 2016, Headline GRP: 11,172 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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