Wagga Wagga City CouncilEconomic profile

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Wagga Wagga City

Gross Regional Product

Wagga Wagga City’s Gross Regional Product was $3.60 billion in the year ending June 2015, growing 3.1% 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 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
20153,597+3.12,9492,9041.02
20143,489+1.72,9342,9091.01
20133,432+2.02,8472,8171.01
20123,364-1.52,8382,8141.01
20113,417+3.02,7522,7401.00
20103,317+4.12,5842,5681.01
20093,187+0.32,5262,5091.01
20083,178-0.72,5942,5401.02
20073,199+2.02,4902,4181.03
20063,136+0.72,4142,3651.02
20053,115+4.82,3532,3041.02
20042,973+3.82,1522,1401.01
20032,864+0.42,0072,0121.00
20022,853-1.02,0012,0021.00
20012,882--2,0031,9961.00

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 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.

Wagga Wagga City - Gross Regional Product
Wagga Wagga City - Gross Regional Product 2001, Resident GRP: 1,996 million 2002, Resident GRP: 2,002 million 2003, Resident GRP: 2,012 million 2004, Resident GRP: 2,140 million 2005, Resident GRP: 2,304 million 2006, Resident GRP: 2,365 million 2007, Resident GRP: 2,418 million 2008, Resident GRP: 2,540 million 2009, Resident GRP: 2,509 million 2010, Resident GRP: 2,568 million 2011, Resident GRP: 2,740 million 2012, Resident GRP: 2,814 million 2013, Resident GRP: 2,817 million 2014, Resident GRP: 2,909 million 2015, Resident GRP: 2,904 million 2001, Industry GRP: 2,003 million 2002, Industry GRP: 2,001 million 2003, Industry GRP: 2,007 million 2004, Industry GRP: 2,152 million 2005, Industry GRP: 2,353 million 2006, Industry GRP: 2,414 million 2007, Industry GRP: 2,490 million 2008, Industry GRP: 2,594 million 2009, Industry GRP: 2,526 million 2010, Industry GRP: 2,584 million 2011, Industry GRP: 2,752 million 2012, Industry GRP: 2,838 million 2013, Industry GRP: 2,847 million 2014, Industry GRP: 2,934 million 2015, Industry GRP: 2,949 million 2001, Headline GRP: 2,882 million 2002, Headline GRP: 2,853 million 2003, Headline GRP: 2,864 million 2004, Headline GRP: 2,973 million 2005, Headline GRP: 3,115 million 2006, Headline GRP: 3,136 million 2007, Headline GRP: 3,199 million 2008, Headline GRP: 3,178 million 2009, Headline GRP: 3,187 million 2010, Headline GRP: 3,317 million 2011, Headline GRP: 3,417 million 2012, Headline GRP: 3,364 million 2013, Headline GRP: 3,432 million 2014, Headline GRP: 3,489 million 2015, Headline GRP: 3,597 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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