City of BoroondaraEconomic profile
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City of Boroondara

Gross Regional Product

City of Boroondara’s Gross Regional Product was $12.93 billion in the year ending June 2018, growing 0.3% 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 City. 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

City of Boroondara - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201812,932+0.310,69612,4660.86
201712,891+1.510,74312,6360.85
201612,700+5.110,85812,7760.85
201512,087+2.410,69912,6330.85
201411,804+2.310,68412,6580.84
201311,535+0.710,51512,4510.84
201211,459010,54012,4870.84
201111,460+2.310,55612,7560.83
201011,198+2.39,96212,2230.82
200910,949+0.59,91012,3720.80
200810,890+2.99,98912,6990.79
200710,579+4.29,20211,9580.77
200610,152+1.38,84211,4380.77
200510,024+0.98,55811,0610.77
20049,940+1.08,03110,3970.77
20039,836+3.77,76410,0990.77
20029,485+3.47,6469,8300.78
20019,178--7,5779,5340.79

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

City of Boroondara - Gross Regional Product
City of Boroondara - Gross Regional Product 2001, Resident GRP: 9,534 million 2002, Resident GRP: 9,830 million 2003, Resident GRP: 10,099 million 2004, Resident GRP: 10,397 million 2005, Resident GRP: 11,061 million 2006, Resident GRP: 11,438 million 2007, Resident GRP: 11,958 million 2008, Resident GRP: 12,699 million 2009, Resident GRP: 12,372 million 2010, Resident GRP: 12,223 million 2011, Resident GRP: 12,756 million 2012, Resident GRP: 12,487 million 2013, Resident GRP: 12,451 million 2014, Resident GRP: 12,658 million 2015, Resident GRP: 12,633 million 2016, Resident GRP: 12,776 million 2017, Resident GRP: 12,636 million 2018, Resident GRP: 12,466 million 2001, Industry GRP: 7,577 million 2002, Industry GRP: 7,646 million 2003, Industry GRP: 7,764 million 2004, Industry GRP: 8,031 million 2005, Industry GRP: 8,558 million 2006, Industry GRP: 8,842 million 2007, Industry GRP: 9,202 million 2008, Industry GRP: 9,989 million 2009, Industry GRP: 9,910 million 2010, Industry GRP: 9,962 million 2011, Industry GRP: 10,556 million 2012, Industry GRP: 10,540 million 2013, Industry GRP: 10,515 million 2014, Industry GRP: 10,684 million 2015, Industry GRP: 10,699 million 2016, Industry GRP: 10,858 million 2017, Industry GRP: 10,743 million 2018, Industry GRP: 10,696 million 2001, Headline GRP: 9,178 million 2002, Headline GRP: 9,485 million 2003, Headline GRP: 9,836 million 2004, Headline GRP: 9,940 million 2005, Headline GRP: 10,024 million 2006, Headline GRP: 10,152 million 2007, Headline GRP: 10,579 million 2008, Headline GRP: 10,890 million 2009, Headline GRP: 10,949 million 2010, Headline GRP: 11,198 million 2011, Headline GRP: 11,460 million 2012, Headline GRP: 11,459 million 2013, Headline GRP: 11,535 million 2014, Headline GRP: 11,804 million 2015, Headline GRP: 12,087 million 2016, Headline GRP: 12,700 million 2017, Headline GRP: 12,891 million 2018, Headline GRP: 12,932 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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