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Cairns

Gross Regional Product

Cairns’s Gross Regional Product was $9.60 billion in the year ending June 2019, growing 3.7% 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

Cairns - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20199,603+3.77,3897,5750.98
20189,259+3.07,1487,3910.97
20178,992+3.87,0217,2630.97
20168,664+2.46,8377,1470.96
20158,458+0.76,7277,0820.95
20148,402+1.86,6357,0460.94
20138,253+1.96,6267,0840.94
20128,099+1.36,5797,0690.93
20117,993-0.66,6327,0950.93
20108,042-0.26,4736,8860.94
20098,059+0.76,3516,7500.94
20088,006+4.56,1166,4740.94
20077,659+10.55,6555,9820.95
20066,929+7.15,1425,4630.94
20056,469+7.24,7605,0520.94
20046,036+7.94,2694,5350.94
20035,593+5.43,9094,1530.94
20025,306+7.23,9184,1860.94
20014,949--3,5763,8300.93

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

Cairns - Gross Regional Product
Cairns - Gross Regional Product 2001, Resident GRP: 3,830 million 2002, Resident GRP: 4,186 million 2003, Resident GRP: 4,153 million 2004, Resident GRP: 4,535 million 2005, Resident GRP: 5,052 million 2006, Resident GRP: 5,463 million 2007, Resident GRP: 5,982 million 2008, Resident GRP: 6,474 million 2009, Resident GRP: 6,750 million 2010, Resident GRP: 6,886 million 2011, Resident GRP: 7,095 million 2012, Resident GRP: 7,069 million 2013, Resident GRP: 7,084 million 2014, Resident GRP: 7,046 million 2015, Resident GRP: 7,082 million 2016, Resident GRP: 7,147 million 2017, Resident GRP: 7,263 million 2018, Resident GRP: 7,391 million 2019, Resident GRP: 7,575 million 2001, Industry GRP: 3,576 million 2002, Industry GRP: 3,918 million 2003, Industry GRP: 3,909 million 2004, Industry GRP: 4,269 million 2005, Industry GRP: 4,760 million 2006, Industry GRP: 5,142 million 2007, Industry GRP: 5,655 million 2008, Industry GRP: 6,116 million 2009, Industry GRP: 6,351 million 2010, Industry GRP: 6,473 million 2011, Industry GRP: 6,632 million 2012, Industry GRP: 6,579 million 2013, Industry GRP: 6,626 million 2014, Industry GRP: 6,635 million 2015, Industry GRP: 6,727 million 2016, Industry GRP: 6,837 million 2017, Industry GRP: 7,021 million 2018, Industry GRP: 7,148 million 2019, Industry GRP: 7,389 million 2001, Headline GRP: 4,949 million 2002, Headline GRP: 5,306 million 2003, Headline GRP: 5,593 million 2004, Headline GRP: 6,036 million 2005, Headline GRP: 6,469 million 2006, Headline GRP: 6,929 million 2007, Headline GRP: 7,659 million 2008, Headline GRP: 8,006 million 2009, Headline GRP: 8,059 million 2010, Headline GRP: 8,042 million 2011, Headline GRP: 7,993 million 2012, Headline GRP: 8,099 million 2013, Headline GRP: 8,253 million 2014, Headline GRP: 8,402 million 2015, Headline GRP: 8,458 million 2016, Headline GRP: 8,664 million 2017, Headline GRP: 8,992 million 2018, Headline GRP: 9,259 million 2019, Headline GRP: 9,603 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

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