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Armidale Regional Council

Gross product

The Armidale Regional Council's Gross Regional Product was $1,483m as of the 30th June 2018.

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 2018, Armidale Regional Council: $1,483 million 2017, Armidale Regional Council: $1,517 million 2016, Armidale Regional Council: $1,467 million 2015, Armidale Regional Council: $1,430 million 2014, Armidale Regional Council: $1,431 million 2013, Armidale Regional Council: $1,424 million 2012, Armidale Regional Council: $1,425 million 2011, Armidale Regional Council: $1,457 million 2010, Armidale Regional Council: $1,408 million 2009, Armidale Regional Council: $1,406 million 2008, Armidale Regional Council: $1,372 million 2007, Armidale Regional Council: $1,357 million 2006, Armidale Regional Council: $1,388 million 2005, Armidale Regional Council: $1,381 million 2004, Armidale Regional Council: $1,342 million 2003, Armidale Regional Council: $1,303 million 2002, Armidale Regional Council: $1,389 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2018, New South Wales: 146.5% 2017, New South Wales: 143.8% 2016, New South Wales: 140.1% 2015, New South Wales: 134.5% 2014, New South Wales: 130.7% 2013, New South Wales: 128.4% 2012, New South Wales: 124.3% 2011, New South Wales: 122.4% 2010, New South Wales: 118.8% 2009, New South Wales: 116.4% 2008, New South Wales: 114.6% 2007, New South Wales: 111.8% 2006, New South Wales: 110.4% 2005, New South Wales: 109.7% 2004, New South Wales: 107.9% 2003, New South Wales: 103.8% 2002, New South Wales: 101.6% 2001, New South Wales: 100.0% 2018, Armidale Regional Council: 106.7% 2017, Armidale Regional Council: 109.2% 2016, Armidale Regional Council: 105.6% 2015, Armidale Regional Council: 102.9% 2014, Armidale Regional Council: 103.0% 2013, Armidale Regional Council: 102.5% 2012, Armidale Regional Council: 102.5% 2011, Armidale Regional Council: 104.8% 2010, Armidale Regional Council: 101.3% 2009, Armidale Regional Council: 101.2% 2008, Armidale Regional Council: 98.7% 2007, Armidale Regional Council: 97.7% 2006, Armidale Regional Council: 99.9% 2005, Armidale Regional Council: 99.3% 2004, Armidale Regional Council: 96.6% 2003, Armidale Regional Council: 93.7% 2002, Armidale Regional Council: 99.9% 2001, Armidale Regional Council: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Armidale Regional CouncilNew South Wales
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeArmidale Regional Council as a % of New South Wales
20181,483-2.3106.7559,465+1.9146.50.27
20171,517+3.4109.2549,029+2.6143.80.28
20161,467+2.6105.6534,876+4.2140.10.27
20151,430-0.1•••102.9513,352+2.8134.50.28
20141,431+0.5103.0499,157+1.8130.70.29
20131,4240•••102.5490,222+3.3128.40.29
20121,425-2.2102.5474,625+1.6124.30.30
20111,457+3.5104.8467,194+3.0122.40.31
20101,408+0.2•••101.3453,425+2.1118.80.31
20091,406+2.5101.2444,234+1.5116.40.32
20081,372+1.198.7437,677+2.5114.60.31
20071,357-2.297.7426,878+1.3111.80.32
20061,388+0.599.9421,601+0.7110.40.33
20051,381+2.999.3418,707+1.6109.70.33
20041,342+3.096.6412,063+4.0107.90.33
20031,303-6.293.7396,323+2.2103.80.33
20021,389-0.1•••99.9387,900+1.6101.60.36
20011,390--100.0381,785--100.00.36

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts

Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2018, Average annual growth rate: 0.4% 2017, Average annual growth rate: 0.4% 2016, Average annual growth rate: 0.4% 2015, Average annual growth rate: 0.4% 2014, Average annual growth rate: 0.4% 2013, Average annual growth rate: 0.4% 2012, Average annual growth rate: 0.4% 2011, Average annual growth rate: 0.4% 2010, Average annual growth rate: 0.4% 2009, Average annual growth rate: 0.4% 2008, Average annual growth rate: 0.4% 2007, Average annual growth rate: 0.4% 2006, Average annual growth rate: 0.4% 2005, Average annual growth rate: 0.4% 2004, Average annual growth rate: 0.4% 2003, Average annual growth rate: 0.4% 2018, New South Wales: 1.9% 2017, New South Wales: 2.6% 2016, New South Wales: 4.2% 2015, New South Wales: 2.8% 2014, New South Wales: 1.8% 2013, New South Wales: 3.3% 2012, New South Wales: 1.6% 2011, New South Wales: 3.0% 2010, New South Wales: 2.1% 2009, New South Wales: 1.5% 2008, New South Wales: 2.5% 2007, New South Wales: 1.3% 2006, New South Wales: 0.7% 2005, New South Wales: 1.6% 2004, New South Wales: 4.0% 2003, New South Wales: 2.2% 2018, Armidale Regional Council: -2.3% 2017, Armidale Regional Council: 3.4% 2016, Armidale Regional Council: 2.6% 2015, Armidale Regional Council: -0.1% 2014, Armidale Regional Council: 0.5% 2013, Armidale Regional Council: 0.0% 2012, Armidale Regional Council: -2.2% 2011, Armidale Regional Council: 3.5% 2010, Armidale Regional Council: 0.2% 2009, Armidale Regional Council: 2.5% 2008, Armidale Regional Council: 1.1% 2007, Armidale Regional Council: -2.2% 2006, Armidale Regional Council: 0.5% 2005, Armidale Regional Council: 2.9% 2004, Armidale Regional Council: 3.0% 2003, Armidale Regional Council: -6.2%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
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