Bathurst Regional CouncilEconomic profile
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Bathurst Regional Council area

Gross Regional Product

Bathurst Regional Council area’s Gross Regional Product was $2.12 billion in the year ending June 2018, declining -2.1% 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 Regional Council. 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

Bathurst Regional Council area - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20182,116-2.11,9132,0030.95
20172,161+3.61,8811,9780.95
20162,087+4.21,8031,9100.94
20152,004+0.61,7471,8480.95
20141,992+2.91,7071,8140.94
20131,936+1.01,6581,7650.94
20121,916-3.61,6681,7870.93
20111,988+1.01,6651,7790.94
20101,968+1.91,5741,6790.94
20091,932+2.11,5331,6270.94
20081,892-0.11,5291,6130.95
20071,895-2.01,4531,5210.96
20061,934-0.41,4031,4690.96
20051,943+3.01,3791,4370.96
20041,886+5.71,3011,3510.96
20031,785-1.41,2111,2560.96
20021,810+0.31,2311,2670.97
20011,806--1,2541,2950.97

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

Bathurst Regional Council area - Gross Regional Product
Bathurst Regional Council area - Gross Regional Product 2001, Resident GRP: 1,295 million 2002, Resident GRP: 1,267 million 2003, Resident GRP: 1,256 million 2004, Resident GRP: 1,351 million 2005, Resident GRP: 1,437 million 2006, Resident GRP: 1,469 million 2007, Resident GRP: 1,521 million 2008, Resident GRP: 1,613 million 2009, Resident GRP: 1,627 million 2010, Resident GRP: 1,679 million 2011, Resident GRP: 1,779 million 2012, Resident GRP: 1,787 million 2013, Resident GRP: 1,765 million 2014, Resident GRP: 1,814 million 2015, Resident GRP: 1,848 million 2016, Resident GRP: 1,910 million 2017, Resident GRP: 1,978 million 2018, Resident GRP: 2,003 million 2001, Industry GRP: 1,254 million 2002, Industry GRP: 1,231 million 2003, Industry GRP: 1,211 million 2004, Industry GRP: 1,301 million 2005, Industry GRP: 1,379 million 2006, Industry GRP: 1,403 million 2007, Industry GRP: 1,453 million 2008, Industry GRP: 1,529 million 2009, Industry GRP: 1,533 million 2010, Industry GRP: 1,574 million 2011, Industry GRP: 1,665 million 2012, Industry GRP: 1,668 million 2013, Industry GRP: 1,658 million 2014, Industry GRP: 1,707 million 2015, Industry GRP: 1,747 million 2016, Industry GRP: 1,803 million 2017, Industry GRP: 1,881 million 2018, Industry GRP: 1,913 million 2001, Headline GRP: 1,806 million 2002, Headline GRP: 1,810 million 2003, Headline GRP: 1,785 million 2004, Headline GRP: 1,886 million 2005, Headline GRP: 1,943 million 2006, Headline GRP: 1,934 million 2007, Headline GRP: 1,895 million 2008, Headline GRP: 1,892 million 2009, Headline GRP: 1,932 million 2010, Headline GRP: 1,968 million 2011, Headline GRP: 1,988 million 2012, Headline GRP: 1,916 million 2013, Headline GRP: 1,936 million 2014, Headline GRP: 1,992 million 2015, Headline GRP: 2,004 million 2016, Headline GRP: 2,087 million 2017, Headline GRP: 2,161 million 2018, Headline GRP: 2,116 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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