Cairns Regional CouncilEconomic profile
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Cairns

Gross Regional Product

Cairns’s Gross Regional Product was $8.41 billion in the year ending June 2017, growing 1.2% 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
20178,415+1.25,8966,1570.96
20168,314+0.86,0886,3490.96
20158,251+0.36,3156,6440.95
20148,225+2.46,4336,8220.94
20138,032+1.56,4816,9190.94
20127,917+4.06,5907,0590.93
20117,615-0.56,4606,8970.94
20107,656-1.56,1736,5600.94
20097,773-1.16,2856,6620.94
20087,860+2.66,3126,6600.95
20077,662+9.05,9116,2280.95
20067,027+8.85,4355,7470.95
20056,460+8.94,9705,2560.95
20045,934+5.84,3704,6320.94
20035,611+7.53,9554,1960.94
20025,217+3.53,8684,1260.94
20015,041--3,6493,9060.93

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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: 3,906 million 2002, Resident GRP: 4,126 million 2003, Resident GRP: 4,196 million 2004, Resident GRP: 4,632 million 2005, Resident GRP: 5,256 million 2006, Resident GRP: 5,747 million 2007, Resident GRP: 6,228 million 2008, Resident GRP: 6,660 million 2009, Resident GRP: 6,662 million 2010, Resident GRP: 6,560 million 2011, Resident GRP: 6,897 million 2012, Resident GRP: 7,059 million 2013, Resident GRP: 6,919 million 2014, Resident GRP: 6,822 million 2015, Resident GRP: 6,644 million 2016, Resident GRP: 6,349 million 2017, Resident GRP: 6,157 million 2001, Industry GRP: 3,649 million 2002, Industry GRP: 3,868 million 2003, Industry GRP: 3,955 million 2004, Industry GRP: 4,370 million 2005, Industry GRP: 4,970 million 2006, Industry GRP: 5,435 million 2007, Industry GRP: 5,911 million 2008, Industry GRP: 6,312 million 2009, Industry GRP: 6,285 million 2010, Industry GRP: 6,173 million 2011, Industry GRP: 6,460 million 2012, Industry GRP: 6,590 million 2013, Industry GRP: 6,481 million 2014, Industry GRP: 6,433 million 2015, Industry GRP: 6,315 million 2016, Industry GRP: 6,088 million 2017, Industry GRP: 5,896 million 2001, Headline GRP: 5,041 million 2002, Headline GRP: 5,217 million 2003, Headline GRP: 5,611 million 2004, Headline GRP: 5,934 million 2005, Headline GRP: 6,460 million 2006, Headline GRP: 7,027 million 2007, Headline GRP: 7,662 million 2008, Headline GRP: 7,860 million 2009, Headline GRP: 7,773 million 2010, Headline GRP: 7,656 million 2011, Headline GRP: 7,615 million 2012, Headline GRP: 7,917 million 2013, Headline GRP: 8,032 million 2014, Headline GRP: 8,225 million 2015, Headline GRP: 8,251 million 2016, Headline GRP: 8,314 million 2017, Headline GRP: 8,415 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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