Ballina Shire CouncilEconomic profile
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Ballina Shire

Gross Regional Product

Ballina Shire’s Gross Regional Product was $1.94 billion in the year ending June 2018, growing 0.2% 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 Shire. 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

Ballina Shire - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20181,942+0.21,7652,0730.85
20171,939+3.21,7311,9920.87
20161,879+4.71,6881,9250.88
20151,794-0.81,6281,8410.88
20141,808-1.51,6061,8140.89
20131,836-0.51,6021,7980.89
20121,845-0.41,6461,8270.90
20111,853+3.51,6461,8320.90
20101,79101,5571,7560.89
20091,791+1.71,5521,7770.87
20081,761+0.91,5701,8010.87
20071,746+3.51,4751,7020.87
20061,686+1.61,4141,6440.86
20051,660+5.71,3481,5610.86
20041,570+9.31,2211,4260.86
20031,436+5.51,0901,2790.85
20021,361+2.91,0461,2230.86
20011,323--1,0231,1900.86

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

Ballina Shire - Gross Regional Product
Ballina Shire - Gross Regional Product 2001, Resident GRP: 1,190 million 2002, Resident GRP: 1,223 million 2003, Resident GRP: 1,279 million 2004, Resident GRP: 1,426 million 2005, Resident GRP: 1,561 million 2006, Resident GRP: 1,644 million 2007, Resident GRP: 1,702 million 2008, Resident GRP: 1,801 million 2009, Resident GRP: 1,777 million 2010, Resident GRP: 1,756 million 2011, Resident GRP: 1,832 million 2012, Resident GRP: 1,827 million 2013, Resident GRP: 1,798 million 2014, Resident GRP: 1,814 million 2015, Resident GRP: 1,841 million 2016, Resident GRP: 1,925 million 2017, Resident GRP: 1,992 million 2018, Resident GRP: 2,073 million 2001, Industry GRP: 1,023 million 2002, Industry GRP: 1,046 million 2003, Industry GRP: 1,090 million 2004, Industry GRP: 1,221 million 2005, Industry GRP: 1,348 million 2006, Industry GRP: 1,414 million 2007, Industry GRP: 1,475 million 2008, Industry GRP: 1,570 million 2009, Industry GRP: 1,552 million 2010, Industry GRP: 1,557 million 2011, Industry GRP: 1,646 million 2012, Industry GRP: 1,646 million 2013, Industry GRP: 1,602 million 2014, Industry GRP: 1,606 million 2015, Industry GRP: 1,628 million 2016, Industry GRP: 1,688 million 2017, Industry GRP: 1,731 million 2018, Industry GRP: 1,765 million 2001, Headline GRP: 1,323 million 2002, Headline GRP: 1,361 million 2003, Headline GRP: 1,436 million 2004, Headline GRP: 1,570 million 2005, Headline GRP: 1,660 million 2006, Headline GRP: 1,686 million 2007, Headline GRP: 1,746 million 2008, Headline GRP: 1,761 million 2009, Headline GRP: 1,791 million 2010, Headline GRP: 1,791 million 2011, Headline GRP: 1,853 million 2012, Headline GRP: 1,845 million 2013, Headline GRP: 1,836 million 2014, Headline GRP: 1,808 million 2015, Headline GRP: 1,794 million 2016, Headline GRP: 1,879 million 2017, Headline GRP: 1,939 million 2018, Headline GRP: 1,942 million
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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