Wagga Wagga City CouncilEconomic profile

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Wagga Wagga City

Gross Regional Product

Wagga Wagga City’s Gross Regional Product was $3.70 billion in the year ending June 2016, growing 1.5% 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

Wagga Wagga City - 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 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.

Wagga Wagga City - Gross Regional Product
Wagga Wagga City - Gross Regional Product 2001, Resident GRP: 2,093 million 2002, Resident GRP: 2,097 million 2003, Resident GRP: 2,099 million 2004, Resident GRP: 2,198 million 2005, Resident GRP: 2,334 million 2006, Resident GRP: 2,402 million 2007, Resident GRP: 2,490 million 2008, Resident GRP: 2,611 million 2009, Resident GRP: 2,595 million 2010, Resident GRP: 2,665 million 2011, Resident GRP: 2,840 million 2012, Resident GRP: 2,908 million 2013, Resident GRP: 2,904 million 2014, Resident GRP: 2,960 million 2015, Resident GRP: 3,011 million 2016, Resident GRP: 3,072 million 2001, Industry GRP: 2,082 million 2002, Industry GRP: 2,092 million 2003, Industry GRP: 2,093 million 2004, Industry GRP: 2,197 million 2005, Industry GRP: 2,342 million 2006, Industry GRP: 2,414 million 2007, Industry GRP: 2,502 million 2008, Industry GRP: 2,622 million 2009, Industry GRP: 2,614 million 2010, Industry GRP: 2,685 million 2011, Industry GRP: 2,854 million 2012, Industry GRP: 2,926 million 2013, Industry GRP: 2,906 million 2014, Industry GRP: 2,925 million 2015, Industry GRP: 2,943 million 2016, Industry GRP: 2,975 million 2001, Headline GRP: 2,917 million 2002, Headline GRP: 2,974 million 2003, Headline GRP: 3,010 million 2004, Headline GRP: 3,115 million 2005, Headline GRP: 3,201 million 2006, Headline GRP: 3,246 million 2007, Headline GRP: 3,239 million 2008, Headline GRP: 3,264 million 2009, Headline GRP: 3,359 million 2010, Headline GRP: 3,497 million 2011, Headline GRP: 3,621 million 2012, Headline GRP: 3,561 million 2013, Headline GRP: 3,600 million 2014, Headline GRP: 3,621 million 2015, Headline GRP: 3,643 million 2016, Headline GRP: 3,698 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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