Ballina Shire CouncilEconomic profile
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Ballina Shire

Gross Regional Product

Ballina Shire’s Gross Regional Product was $1.91 billion in the year ending June 2017, growing 1.9% 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
20171,909+1.91,6361,9020.86
20161,874+3.41,6161,8560.87
20151,812+1.91,5761,7980.88
20141,777-0.81,5271,7360.88
20131,791+0.51,5181,7090.89
20121,782-0.41,5511,7280.90
20111,789+3.01,5461,7290.89
20101,737+1.21,4661,6620.88
20091,716+2.61,4511,6610.87
20081,672+0.91,4561,6810.87
20071,657+3.31,3741,6040.86
20061,604+2.51,3191,5350.86
20051,564+4.61,2461,4490.86
20041,495+6.51,1311,3280.85
20031,404+6.11,0321,2190.85
20021,323+1.89911,1670.85
20011,299--9761,1460.85

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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: 1,146 million 2002, Resident GRP: 1,167 million 2003, Resident GRP: 1,219 million 2004, Resident GRP: 1,328 million 2005, Resident GRP: 1,449 million 2006, Resident GRP: 1,535 million 2007, Resident GRP: 1,604 million 2008, Resident GRP: 1,681 million 2009, Resident GRP: 1,661 million 2010, Resident GRP: 1,662 million 2011, Resident GRP: 1,729 million 2012, Resident GRP: 1,728 million 2013, Resident GRP: 1,709 million 2014, Resident GRP: 1,736 million 2015, Resident GRP: 1,798 million 2016, Resident GRP: 1,856 million 2017, Resident GRP: 1,902 million 2001, Industry GRP: 976 million 2002, Industry GRP: 991 million 2003, Industry GRP: 1,032 million 2004, Industry GRP: 1,131 million 2005, Industry GRP: 1,246 million 2006, Industry GRP: 1,319 million 2007, Industry GRP: 1,374 million 2008, Industry GRP: 1,456 million 2009, Industry GRP: 1,451 million 2010, Industry GRP: 1,466 million 2011, Industry GRP: 1,546 million 2012, Industry GRP: 1,551 million 2013, Industry GRP: 1,518 million 2014, Industry GRP: 1,527 million 2015, Industry GRP: 1,576 million 2016, Industry GRP: 1,616 million 2017, Industry GRP: 1,636 million 2001, Headline GRP: 1,299 million 2002, Headline GRP: 1,323 million 2003, Headline GRP: 1,404 million 2004, Headline GRP: 1,495 million 2005, Headline GRP: 1,564 million 2006, Headline GRP: 1,604 million 2007, Headline GRP: 1,657 million 2008, Headline GRP: 1,672 million 2009, Headline GRP: 1,716 million 2010, Headline GRP: 1,737 million 2011, Headline GRP: 1,789 million 2012, Headline GRP: 1,782 million 2013, Headline GRP: 1,791 million 2014, Headline GRP: 1,777 million 2015, Headline GRP: 1,812 million 2016, Headline GRP: 1,874 million 2017, Headline GRP: 1,909 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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