Wollondilly Shire CouncilEconomic profile

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Wollondilly Shire

Gross Regional Product

Wollondilly Shire’s Gross Regional Product was $1.54 billion in the year ending June 2015, growing 4.5% 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

Wollondilly Shire - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20151,537+4.51,4792,3850.62
20141,471+0.81,4552,3470.62
20131,459+4.21,3952,2620.62
20121,400+4.81,4002,2890.61
20111,336+0.91,3172,1780.60
20101,324-0.81,2462,0450.61
20091,335-0.81,2452,0030.62
20081,346+0.41,2772,0420.63
20071,340+1.01,2061,9420.62
20061,327+2.01,1711,8900.62
20051,300+1.51,1341,8340.62
20041,281+6.71,0721,7140.63
20031,201+2.19991,5880.63
20021,177-3.59841,5470.64
20011,219--1,0081,5000.67

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.

Wollondilly Shire - Gross Regional Product
Wollondilly Shire - Gross Regional Product 2001, Resident GRP: 1,500 million 2002, Resident GRP: 1,547 million 2003, Resident GRP: 1,588 million 2004, Resident GRP: 1,714 million 2005, Resident GRP: 1,834 million 2006, Resident GRP: 1,890 million 2007, Resident GRP: 1,942 million 2008, Resident GRP: 2,042 million 2009, Resident GRP: 2,003 million 2010, Resident GRP: 2,045 million 2011, Resident GRP: 2,178 million 2012, Resident GRP: 2,289 million 2013, Resident GRP: 2,262 million 2014, Resident GRP: 2,347 million 2015, Resident GRP: 2,385 million 2001, Industry GRP: 1,008 million 2002, Industry GRP: 984 million 2003, Industry GRP: 999 million 2004, Industry GRP: 1,072 million 2005, Industry GRP: 1,134 million 2006, Industry GRP: 1,171 million 2007, Industry GRP: 1,206 million 2008, Industry GRP: 1,277 million 2009, Industry GRP: 1,245 million 2010, Industry GRP: 1,246 million 2011, Industry GRP: 1,317 million 2012, Industry GRP: 1,400 million 2013, Industry GRP: 1,395 million 2014, Industry GRP: 1,455 million 2015, Industry GRP: 1,479 million 2001, Headline GRP: 1,219 million 2002, Headline GRP: 1,177 million 2003, Headline GRP: 1,201 million 2004, Headline GRP: 1,281 million 2005, Headline GRP: 1,300 million 2006, Headline GRP: 1,327 million 2007, Headline GRP: 1,340 million 2008, Headline GRP: 1,346 million 2009, Headline GRP: 1,335 million 2010, Headline GRP: 1,324 million 2011, Headline GRP: 1,336 million 2012, Headline GRP: 1,400 million 2013, Headline GRP: 1,459 million 2014, Headline GRP: 1,471 million 2015, Headline GRP: 1,537 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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