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Camden Council area

Gross Regional Product

Camden Council area’s Gross Regional Product was $3.99 billion in the year ending June 2017, growing 9.6% 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

Camden Council area - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20173,986+9.63,1274,7190.66
20163,637+14.82,8234,4710.63
20153,169+7.92,6044,1320.63
20142,936+5.82,4243,8020.64
20132,776+10.82,2833,5390.65
20122,505+7.12,1763,3310.65
20112,338+6.12,0213,0780.66
20102,203+2.61,8462,8500.65
20092,148+4.51,7942,7910.64
20082,056+4.31,7672,7510.64
20071,971+0.91,6562,5800.64
20061,952+0.31,5912,4660.65
20051,946+3.61,5402,3930.64
20041,879+2.11,4002,2210.63
20031,840+2.71,3282,0990.63
20021,791+2.01,3072,0570.64
20011,756--1,2781,9930.64

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

Camden Council area - Gross Regional Product
Camden Council area - Gross Regional Product 2001, Resident GRP: 1,993 million 2002, Resident GRP: 2,057 million 2003, Resident GRP: 2,099 million 2004, Resident GRP: 2,221 million 2005, Resident GRP: 2,393 million 2006, Resident GRP: 2,466 million 2007, Resident GRP: 2,580 million 2008, Resident GRP: 2,751 million 2009, Resident GRP: 2,791 million 2010, Resident GRP: 2,850 million 2011, Resident GRP: 3,078 million 2012, Resident GRP: 3,331 million 2013, Resident GRP: 3,539 million 2014, Resident GRP: 3,802 million 2015, Resident GRP: 4,132 million 2016, Resident GRP: 4,471 million 2017, Resident GRP: 4,719 million 2001, Industry GRP: 1,278 million 2002, Industry GRP: 1,307 million 2003, Industry GRP: 1,328 million 2004, Industry GRP: 1,400 million 2005, Industry GRP: 1,540 million 2006, Industry GRP: 1,591 million 2007, Industry GRP: 1,656 million 2008, Industry GRP: 1,767 million 2009, Industry GRP: 1,794 million 2010, Industry GRP: 1,846 million 2011, Industry GRP: 2,021 million 2012, Industry GRP: 2,176 million 2013, Industry GRP: 2,283 million 2014, Industry GRP: 2,424 million 2015, Industry GRP: 2,604 million 2016, Industry GRP: 2,823 million 2017, Industry GRP: 3,127 million 2001, Headline GRP: 1,756 million 2002, Headline GRP: 1,791 million 2003, Headline GRP: 1,840 million 2004, Headline GRP: 1,879 million 2005, Headline GRP: 1,946 million 2006, Headline GRP: 1,952 million 2007, Headline GRP: 1,971 million 2008, Headline GRP: 2,056 million 2009, Headline GRP: 2,148 million 2010, Headline GRP: 2,203 million 2011, Headline GRP: 2,338 million 2012, Headline GRP: 2,505 million 2013, Headline GRP: 2,776 million 2014, Headline GRP: 2,936 million 2015, Headline GRP: 3,169 million 2016, Headline GRP: 3,637 million 2017, Headline GRP: 3,986 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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