Willoughby City CouncilEconomic profile

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Willoughby City's Gross Regional Product was $9,639m as of the 30th June 2015.

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 2015, Willoughby City: $9,639 million 2014, Willoughby City: $9,522 million 2013, Willoughby City: $9,430 million 2012, Willoughby City: $9,272 million 2011, Willoughby City: $9,488 million 2010, Willoughby City: $9,714 million 2009, Willoughby City: $9,797 million 2008, Willoughby City: $9,786 million 2007, Willoughby City: $9,770 million 2006, Willoughby City: $9,641 million 2005, Willoughby City: $9,398 million 2004, Willoughby City: $9,251 million 2003, Willoughby City: $8,880 million 2002, Willoughby City: $8,584 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 2015, New South Wales: 132.5% 2014, New South Wales: 128.8% 2013, New South Wales: 125.7% 2012, New South Wales: 121.6% 2011, New South Wales: 120.5% 2010, New South Wales: 118.4% 2009, New South Wales: 115.9% 2008, New South Wales: 114.0% 2007, New South Wales: 111.4% 2006, New South Wales: 110.2% 2005, New South Wales: 108.8% 2004, New South Wales: 107.1% 2003, New South Wales: 103.8% 2002, New South Wales: 101.3% 2001, New South Wales: 100.0% 2015, Willoughby City: 113.6% 2014, Willoughby City: 112.2% 2013, Willoughby City: 111.1% 2012, Willoughby City: 109.3% 2011, Willoughby City: 111.8% 2010, Willoughby City: 114.5% 2009, Willoughby City: 115.5% 2008, Willoughby City: 115.4% 2007, Willoughby City: 115.2% 2006, Willoughby City: 113.6% 2005, Willoughby City: 110.8% 2004, Willoughby City: 109.0% 2003, Willoughby City: 104.7% 2002, Willoughby City: 101.2% 2001, Willoughby City: 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)
Willoughby CityNew South Wales
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeWilloughby City as a % of New South Wales
20159,639+1.2113.6489,615+2.8132.51.97
20149,522+1.0112.2476,128+2.4128.82.00
20139,430+1.7111.1464,780+3.4125.72.03
20129,272-2.3109.3449,408+0.9121.62.06
20119,488-2.3111.8445,428+1.8120.52.13
20109,714-0.8114.5437,520+2.1118.42.22
20099,797+0.1•••115.5428,400+1.7115.92.29
20089,786+0.2•••115.4421,300+2.3114.02.32
20079,770+1.3115.2411,865+1.1111.42.37
20069,641+2.6113.6407,326+1.3110.22.37
20059,398+1.6110.8402,191+1.5108.82.34
20049,251+4.2109.0396,081+3.2107.12.34
20038,880+3.4104.7383,667+2.4103.82.31
20028,584+1.2101.2374,633+1.3101.32.29
20018,484--100.0369,653--100.02.30

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.

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2015, Average annual growth rate: 1.0% 2014, Average annual growth rate: 1.0% 2013, Average annual growth rate: 1.0% 2012, Average annual growth rate: 1.0% 2011, Average annual growth rate: 1.0% 2010, Average annual growth rate: 1.0% 2009, Average annual growth rate: 1.0% 2008, Average annual growth rate: 1.0% 2007, Average annual growth rate: 1.0% 2006, Average annual growth rate: 1.0% 2005, Average annual growth rate: 1.0% 2004, Average annual growth rate: 1.0% 2003, Average annual growth rate: 1.0% 2015, New South Wales: 2.8% 2014, New South Wales: 2.4% 2013, New South Wales: 3.4% 2012, New South Wales: 0.9% 2011, New South Wales: 1.8% 2010, New South Wales: 2.1% 2009, New South Wales: 1.7% 2008, New South Wales: 2.3% 2007, New South Wales: 1.1% 2006, New South Wales: 1.3% 2005, New South Wales: 1.5% 2004, New South Wales: 3.2% 2003, New South Wales: 2.4% 2015, Willoughby City: 1.2% 2014, Willoughby City: 1.0% 2013, Willoughby City: 1.7% 2012, Willoughby City: -2.3% 2011, Willoughby City: -2.3% 2010, Willoughby City: -0.8% 2009, Willoughby City: 0.1% 2008, Willoughby City: 0.2% 2007, Willoughby City: 1.3% 2006, Willoughby City: 2.6% 2005, Willoughby City: 1.6% 2004, Willoughby City: 4.2% 2003, Willoughby City: 3.4%
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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