Ballina Shire CouncilEconomic profile
Skip to content

Ballina Shire

Gross Regional Product

Ballina Shire’s Gross Regional Product was $2.10 billion in the year ending June 2019, growing 0.0% 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
20192,10001,7422,0380.85
20182,100+3.21,7802,0550.87
20172,035+4.01,7562,0060.88
20161,957+3.21,6971,9430.87
20151,896-0.31,6661,8880.88
20141,901-1.41,6811,8950.89
20131,928-0.41,6881,8900.89
20121,935+1.01,6911,8810.90
20111,917+4.91,6861,8820.90
20101,827+1.21,6071,8170.88
20091,806+0.71,5421,7720.87
20081,794+0.81,5401,7840.86
20071,780+4.01,4521,6910.86
20061,711+2.91,3681,6030.85
20051,663+6.01,2891,5130.85
20041,569+8.11,1751,3900.85
20031,451+4.21,0901,2840.85
20021,393+2.01,0541,2360.85
20011,366--1,0181,1890.86

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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: 1,189 million 2002, Resident GRP: 1,236 million 2003, Resident GRP: 1,284 million 2004, Resident GRP: 1,390 million 2005, Resident GRP: 1,513 million 2006, Resident GRP: 1,603 million 2007, Resident GRP: 1,691 million 2008, Resident GRP: 1,784 million 2009, Resident GRP: 1,772 million 2010, Resident GRP: 1,817 million 2011, Resident GRP: 1,882 million 2012, Resident GRP: 1,881 million 2013, Resident GRP: 1,890 million 2014, Resident GRP: 1,895 million 2015, Resident GRP: 1,888 million 2016, Resident GRP: 1,943 million 2017, Resident GRP: 2,006 million 2018, Resident GRP: 2,055 million 2019, Resident GRP: 2,038 million 2001, Industry GRP: 1,018 million 2002, Industry GRP: 1,054 million 2003, Industry GRP: 1,090 million 2004, Industry GRP: 1,175 million 2005, Industry GRP: 1,289 million 2006, Industry GRP: 1,368 million 2007, Industry GRP: 1,452 million 2008, Industry GRP: 1,540 million 2009, Industry GRP: 1,542 million 2010, Industry GRP: 1,607 million 2011, Industry GRP: 1,686 million 2012, Industry GRP: 1,691 million 2013, Industry GRP: 1,688 million 2014, Industry GRP: 1,681 million 2015, Industry GRP: 1,666 million 2016, Industry GRP: 1,697 million 2017, Industry GRP: 1,756 million 2018, Industry GRP: 1,780 million 2019, Industry GRP: 1,742 million 2001, Headline GRP: 1,366 million 2002, Headline GRP: 1,393 million 2003, Headline GRP: 1,451 million 2004, Headline GRP: 1,569 million 2005, Headline GRP: 1,663 million 2006, Headline GRP: 1,711 million 2007, Headline GRP: 1,780 million 2008, Headline GRP: 1,794 million 2009, Headline GRP: 1,806 million 2010, Headline GRP: 1,827 million 2011, Headline GRP: 1,917 million 2012, Headline GRP: 1,935 million 2013, Headline GRP: 1,928 million 2014, Headline GRP: 1,901 million 2015, Headline GRP: 1,896 million 2016, Headline GRP: 1,957 million 2017, Headline GRP: 2,035 million 2018, Headline GRP: 2,100 million 2019, Headline GRP: 2,100 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

To continue building your economic story go to...

v20.2.26-1.0.0