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City of Brimbank

Gross Regional Product

City of Brimbank’s Gross Regional Product was $9.08 billion in the year ending June 2018, growing 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 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 Brimbank - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20189,075+2.16,4326,3711.01
20178,887+3.46,3206,3740.99
20168,592+3.26,2396,4550.97
20158,325+2.06,3226,6970.94
20148,161+2.56,3896,7910.94
20137,960+1.36,2036,7360.92
20127,858+2.06,1536,8150.90
20117,700+0.65,9836,7280.89
20107,651+2.75,6486,3290.89
20097,449+1.85,5316,2560.88
20087,320+5.55,4176,1870.88
20076,936+3.95,0045,8100.86
20066,678+1.84,8325,6470.86
20056,558+4.04,6435,4980.84
20046,304+3.84,3255,2700.82
20036,075+5.34,1195,1060.81
20025,770+5.13,9214,9010.80
20015,488--3,7144,6900.79

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 Brimbank - Gross Regional Product
City of Brimbank - Gross Regional Product 2001, Resident GRP: 4,690 million 2002, Resident GRP: 4,901 million 2003, Resident GRP: 5,106 million 2004, Resident GRP: 5,270 million 2005, Resident GRP: 5,498 million 2006, Resident GRP: 5,647 million 2007, Resident GRP: 5,810 million 2008, Resident GRP: 6,187 million 2009, Resident GRP: 6,256 million 2010, Resident GRP: 6,329 million 2011, Resident GRP: 6,728 million 2012, Resident GRP: 6,815 million 2013, Resident GRP: 6,736 million 2014, Resident GRP: 6,791 million 2015, Resident GRP: 6,697 million 2016, Resident GRP: 6,455 million 2017, Resident GRP: 6,374 million 2018, Resident GRP: 6,371 million 2001, Industry GRP: 3,714 million 2002, Industry GRP: 3,921 million 2003, Industry GRP: 4,119 million 2004, Industry GRP: 4,325 million 2005, Industry GRP: 4,643 million 2006, Industry GRP: 4,832 million 2007, Industry GRP: 5,004 million 2008, Industry GRP: 5,417 million 2009, Industry GRP: 5,531 million 2010, Industry GRP: 5,648 million 2011, Industry GRP: 5,983 million 2012, Industry GRP: 6,153 million 2013, Industry GRP: 6,203 million 2014, Industry GRP: 6,389 million 2015, Industry GRP: 6,322 million 2016, Industry GRP: 6,239 million 2017, Industry GRP: 6,320 million 2018, Industry GRP: 6,432 million 2001, Headline GRP: 5,488 million 2002, Headline GRP: 5,770 million 2003, Headline GRP: 6,075 million 2004, Headline GRP: 6,304 million 2005, Headline GRP: 6,558 million 2006, Headline GRP: 6,678 million 2007, Headline GRP: 6,936 million 2008, Headline GRP: 7,320 million 2009, Headline GRP: 7,449 million 2010, Headline GRP: 7,651 million 2011, Headline GRP: 7,700 million 2012, Headline GRP: 7,858 million 2013, Headline GRP: 7,960 million 2014, Headline GRP: 8,161 million 2015, Headline GRP: 8,325 million 2016, Headline GRP: 8,592 million 2017, Headline GRP: 8,887 million 2018, Headline GRP: 9,075 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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