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City of Monash

Gross product

The City of Monash's Gross Regional Product was $14,928m as of the 30th June 2016.

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 2016, City of Monash: $14,928 million 2015, City of Monash: $14,334 million 2014, City of Monash: $13,631 million 2013, City of Monash: $13,274 million 2012, City of Monash: $13,009 million 2011, City of Monash: $12,928 million 2010, City of Monash: $12,788 million 2009, City of Monash: $12,641 million 2008, City of Monash: $12,573 million 2007, City of Monash: $12,210 million 2006, City of Monash: $12,005 million 2005, City of Monash: $11,906 million 2004, City of Monash: $11,633 million 2003, City of Monash: $11,181 million 2002, City of Monash: $10,762 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 2016, Victoria: 146.1% 2015, Victoria: 141.2% 2014, Victoria: 136.6% 2013, Victoria: 133.7% 2012, Victoria: 132.3% 2011, Victoria: 131.7% 2010, Victoria: 128.4% 2009, Victoria: 125.8% 2008, Victoria: 124.3% 2007, Victoria: 120.3% 2006, Victoria: 116.9% 2005, Victoria: 115.1% 2004, Victoria: 112.4% 2003, Victoria: 107.9% 2002, Victoria: 104.2% 2001, Victoria: 100.0% 2016, City of Monash: 142.9% 2015, City of Monash: 137.2% 2014, City of Monash: 130.5% 2013, City of Monash: 127.1% 2012, City of Monash: 124.5% 2011, City of Monash: 123.8% 2010, City of Monash: 122.4% 2009, City of Monash: 121.0% 2008, City of Monash: 120.4% 2007, City of Monash: 116.9% 2006, City of Monash: 114.9% 2005, City of Monash: 114.0% 2004, City of Monash: 111.4% 2003, City of Monash: 107.0% 2002, City of Monash: 103.0% 2001, City of Monash: 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 MonashVictoria
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Monash as a % of Victoria
201614,928+4.1142.9370,873+3.5146.14.03
201514,334+5.2137.2358,282+3.4141.24.00
201413,631+2.7130.5346,651+2.2136.63.93
201313,274+2.0127.1339,198+1.0133.73.91
201213,009+0.6124.5335,867+0.5132.33.87
201112,928+1.1123.8334,264+2.6131.73.87
201012,788+1.2122.4325,872+2.0128.43.92
200912,641+0.5121.0319,376+1.3125.83.96
200812,573+3.0120.4315,393+3.3124.33.99
200712,210+1.7116.9305,286+2.9120.34.00
200612,005+0.8114.9296,570+1.5116.94.05
200511,906+2.3114.0292,170+2.4115.14.08
200411,633+4.0111.4285,224+4.1112.44.08
200311,181+3.9107.0273,919+3.6107.94.08
200210,762+3.0103.0264,454+4.2104.24.07
200110,446--100.0253,781--100.04.12

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.

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2016, Average annual growth rate: 2.4% 2015, Average annual growth rate: 2.4% 2014, Average annual growth rate: 2.4% 2013, Average annual growth rate: 2.4% 2012, Average annual growth rate: 2.4% 2011, Average annual growth rate: 2.4% 2010, Average annual growth rate: 2.4% 2009, Average annual growth rate: 2.4% 2008, Average annual growth rate: 2.4% 2007, Average annual growth rate: 2.4% 2006, Average annual growth rate: 2.4% 2005, Average annual growth rate: 2.4% 2004, Average annual growth rate: 2.4% 2003, Average annual growth rate: 2.4% 2016, Victoria: 3.5% 2015, Victoria: 3.4% 2014, Victoria: 2.2% 2013, Victoria: 1.0% 2012, Victoria: 0.5% 2011, Victoria: 2.6% 2010, Victoria: 2.0% 2009, Victoria: 1.3% 2008, Victoria: 3.3% 2007, Victoria: 2.9% 2006, Victoria: 1.5% 2005, Victoria: 2.4% 2004, Victoria: 4.1% 2003, Victoria: 3.6% 2016, City of Monash: 4.1% 2015, City of Monash: 5.2% 2014, City of Monash: 2.7% 2013, City of Monash: 2.0% 2012, City of Monash: 0.6% 2011, City of Monash: 1.1% 2010, City of Monash: 1.2% 2009, City of Monash: 0.5% 2008, City of Monash: 3.0% 2007, City of Monash: 1.7% 2006, City of Monash: 0.8% 2005, City of Monash: 2.3% 2004, City of Monash: 4.0% 2003, City of Monash: 3.9%
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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