Sutherland Shire CouncilEconomic profile

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Sutherland Shire

Gross Regional Product

Sutherland Shire’s Gross Regional Product was $8.80 billion in the year ending June 2015, growing 3.7% 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 Shire. 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

Sutherland Shire - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in 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.

Sutherland Shire - Gross Regional Product
Sutherland Shire - Gross Regional Product 2001, Resident GRP: 11,047 million 2002, Resident GRP: 10,889 million 2003, Resident GRP: 11,053 million 2004, Resident GRP: 11,544 million 2005, Resident GRP: 12,052 million 2006, Resident GRP: 12,123 million 2007, Resident GRP: 12,339 million 2008, Resident GRP: 12,908 million 2009, Resident GRP: 12,703 million 2010, Resident GRP: 12,847 million 2011, Resident GRP: 13,802 million 2012, Resident GRP: 14,352 million 2013, Resident GRP: 14,215 million 2014, Resident GRP: 14,754 million 2015, Resident GRP: 14,784 million 2001, Industry GRP: 7,041 million 2002, Industry GRP: 6,800 million 2003, Industry GRP: 6,951 million 2004, Industry GRP: 7,217 million 2005, Industry GRP: 7,496 million 2006, Industry GRP: 7,512 million 2007, Industry GRP: 7,635 million 2008, Industry GRP: 7,977 million 2009, Industry GRP: 7,855 million 2010, Industry GRP: 7,945 million 2011, Industry GRP: 8,572 million 2012, Industry GRP: 8,863 million 2013, Industry GRP: 8,767 million 2014, Industry GRP: 9,083 million 2015, Industry GRP: 9,155 million 2001, Headline GRP: 8,196 million 2002, Headline GRP: 8,273 million 2003, Headline GRP: 8,722 million 2004, Headline GRP: 8,739 million 2005, Headline GRP: 8,556 million 2006, Headline GRP: 8,689 million 2007, Headline GRP: 8,597 million 2008, Headline GRP: 8,141 million 2009, Headline GRP: 7,966 million 2010, Headline GRP: 8,136 million 2011, Headline GRP: 8,102 million 2012, Headline GRP: 8,084 million 2013, Headline GRP: 8,239 million 2014, Headline GRP: 8,489 million 2015, Headline GRP: 8,803 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts

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