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Wollondilly Shire

Gross Regional Product

Wollondilly Shire’s Gross Regional Product was $1.90 billion in the year ending June 2016, growing 3.0% 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

Wollondilly Shire - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20161,901+3.01,5742,5230.62
20151,845+5.21,5092,4330.62
20141,754+0.11,4492,3540.62
20131,752+3.21,4022,2820.61
20121,698+2.91,4172,2940.62
20111,650+2.01,3192,1760.61
20101,618+1.81,2382,0460.61
20091,589+3.21,2331,9970.62
20081,539-0.81,2292,0140.61
20071,551-0.51,1831,9240.61
20061,559-1.21,1481,8700.61
20051,578+2.01,1141,8070.62
20041,547+3.91,0291,6850.61
20031,489+4.79711,5750.62
20021,423+0.89501,5280.62
20011,412--9671,4870.65

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 2015-16 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.

Wollondilly Shire - Gross Regional Product
Wollondilly Shire - Gross Regional Product 2001, Resident GRP: 1,487 million 2002, Resident GRP: 1,528 million 2003, Resident GRP: 1,575 million 2004, Resident GRP: 1,685 million 2005, Resident GRP: 1,807 million 2006, Resident GRP: 1,870 million 2007, Resident GRP: 1,924 million 2008, Resident GRP: 2,014 million 2009, Resident GRP: 1,997 million 2010, Resident GRP: 2,046 million 2011, Resident GRP: 2,176 million 2012, Resident GRP: 2,294 million 2013, Resident GRP: 2,282 million 2014, Resident GRP: 2,354 million 2015, Resident GRP: 2,433 million 2016, Resident GRP: 2,523 million 2001, Industry GRP: 967 million 2002, Industry GRP: 950 million 2003, Industry GRP: 971 million 2004, Industry GRP: 1,029 million 2005, Industry GRP: 1,114 million 2006, Industry GRP: 1,148 million 2007, Industry GRP: 1,183 million 2008, Industry GRP: 1,229 million 2009, Industry GRP: 1,233 million 2010, Industry GRP: 1,238 million 2011, Industry GRP: 1,319 million 2012, Industry GRP: 1,417 million 2013, Industry GRP: 1,402 million 2014, Industry GRP: 1,449 million 2015, Industry GRP: 1,509 million 2016, Industry GRP: 1,574 million 2001, Headline GRP: 1,412 million 2002, Headline GRP: 1,423 million 2003, Headline GRP: 1,489 million 2004, Headline GRP: 1,547 million 2005, Headline GRP: 1,578 million 2006, Headline GRP: 1,559 million 2007, Headline GRP: 1,551 million 2008, Headline GRP: 1,539 million 2009, Headline GRP: 1,589 million 2010, Headline GRP: 1,618 million 2011, Headline GRP: 1,650 million 2012, Headline GRP: 1,698 million 2013, Headline GRP: 1,752 million 2014, Headline GRP: 1,754 million 2015, Headline GRP: 1,845 million 2016, Headline GRP: 1,901 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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