Cairns Regional CouncilEconomic profile
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Cairns

Gross Regional Product

Cairns’s Gross Regional Product was $8.83 billion in the year ending June 2018, growing 3.3% 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 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
20188,831+3.36,0806,1530.99
20178,548+2.45,9126,0840.97
20168,345+2.26,0226,2720.96
20158,167-0.56,2406,5860.95
20148,207+3.36,4276,8790.93
20137,941+2.66,4456,9230.93
20127,742+1.46,5317,0200.93
20117,638-0.76,5286,9930.93
20107,690-0.86,2436,6550.94
20097,755-0.76,3556,7330.94
20087,809+3.16,3536,7030.95
20077,571+10.15,8826,2220.95
20066,876+8.45,3615,6910.94
20056,343+10.24,9175,2070.94
20045,756+7.34,2914,5650.94
20035,362+4.73,8374,0900.94
20025,122+4.93,8324,1120.93
20014,883--3,5763,8370.93

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

Cairns - Gross Regional Product
Cairns - Gross Regional Product 2001, Resident GRP: 3,837 million 2002, Resident GRP: 4,112 million 2003, Resident GRP: 4,090 million 2004, Resident GRP: 4,565 million 2005, Resident GRP: 5,207 million 2006, Resident GRP: 5,691 million 2007, Resident GRP: 6,222 million 2008, Resident GRP: 6,703 million 2009, Resident GRP: 6,733 million 2010, Resident GRP: 6,655 million 2011, Resident GRP: 6,993 million 2012, Resident GRP: 7,020 million 2013, Resident GRP: 6,923 million 2014, Resident GRP: 6,879 million 2015, Resident GRP: 6,586 million 2016, Resident GRP: 6,272 million 2017, Resident GRP: 6,084 million 2018, Resident GRP: 6,153 million 2001, Industry GRP: 3,576 million 2002, Industry GRP: 3,832 million 2003, Industry GRP: 3,837 million 2004, Industry GRP: 4,291 million 2005, Industry GRP: 4,917 million 2006, Industry GRP: 5,361 million 2007, Industry GRP: 5,882 million 2008, Industry GRP: 6,353 million 2009, Industry GRP: 6,355 million 2010, Industry GRP: 6,243 million 2011, Industry GRP: 6,528 million 2012, Industry GRP: 6,531 million 2013, Industry GRP: 6,445 million 2014, Industry GRP: 6,427 million 2015, Industry GRP: 6,240 million 2016, Industry GRP: 6,022 million 2017, Industry GRP: 5,912 million 2018, Industry GRP: 6,080 million 2001, Headline GRP: 4,883 million 2002, Headline GRP: 5,122 million 2003, Headline GRP: 5,362 million 2004, Headline GRP: 5,756 million 2005, Headline GRP: 6,343 million 2006, Headline GRP: 6,876 million 2007, Headline GRP: 7,571 million 2008, Headline GRP: 7,809 million 2009, Headline GRP: 7,755 million 2010, Headline GRP: 7,690 million 2011, Headline GRP: 7,638 million 2012, Headline GRP: 7,742 million 2013, Headline GRP: 7,941 million 2014, Headline GRP: 8,207 million 2015, Headline GRP: 8,167 million 2016, Headline GRP: 8,345 million 2017, Headline GRP: 8,548 million 2018, Headline GRP: 8,831 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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