City of BallaratEconomic profile lite
Skip to content

City of Ballarat

Gross product

The City of Ballarat's Gross Regional Product was $5,632m 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 here for Census years and the latest year. The full version of economy.id includes a time series of Gross Product for all years back to 2002.

Gross Regional Product
Gross Regional Product 2006, City of Ballarat: $4,178 million 2011, City of Ballarat: $4,594 million 2016, City of Ballarat: $4,993 million 2018, City of Ballarat: $5,632 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
City of BallaratVictoria
Year (ending June 30)$m% change$m% changeCity of Ballarat as a % of Victoria
20185,632--411,541--1.38
20164,993--387,457--1.30
20114,594--344,097--1.35
20064,178--306,805--1.37

Source: Australian Bureau of Statistics. Australian National Accounts: National Income, Expenditure and Product , catalogue number 5206.0, and the National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts.

v19.07.26-1.0.1