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Camden Council area

Gross Regional Product

Camden Council area’s Gross Regional Product was $4.54 billion in the year ending June 2018, growing 10.9% 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
20184,540+10.93,6595,2780.69
20174,093+10.03,2624,8910.67
20163,721+17.12,9494,5060.65
20153,178+9.42,6834,0940.66
20142,904+6.12,4513,6670.67
20132,738+9.12,2973,3910.68
20122,511+4.52,2243,3070.67
20112,402+5.62,0973,1320.67
20102,274+2.91,9222,9340.66
20092,209+5.11,8652,8240.66
20082,103+4.41,8452,8460.65
20072,015+0.91,7262,6780.64
20061,997+0.31,6652,5760.65
20051,991+2.61,6192,5120.64
20041,941+2.91,4812,3730.62
20031,887+2.41,3972,1980.64
20021,843-0.61,3692,1180.65
20011,853--1,3632,0740.66

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

Camden Council area - Gross Regional Product
Camden Council area - Gross Regional Product 2001, Resident GRP: 2,074 million 2002, Resident GRP: 2,118 million 2003, Resident GRP: 2,198 million 2004, Resident GRP: 2,373 million 2005, Resident GRP: 2,512 million 2006, Resident GRP: 2,576 million 2007, Resident GRP: 2,678 million 2008, Resident GRP: 2,846 million 2009, Resident GRP: 2,824 million 2010, Resident GRP: 2,934 million 2011, Resident GRP: 3,132 million 2012, Resident GRP: 3,307 million 2013, Resident GRP: 3,391 million 2014, Resident GRP: 3,667 million 2015, Resident GRP: 4,094 million 2016, Resident GRP: 4,506 million 2017, Resident GRP: 4,891 million 2018, Resident GRP: 5,278 million 2001, Industry GRP: 1,363 million 2002, Industry GRP: 1,369 million 2003, Industry GRP: 1,397 million 2004, Industry GRP: 1,481 million 2005, Industry GRP: 1,619 million 2006, Industry GRP: 1,665 million 2007, Industry GRP: 1,726 million 2008, Industry GRP: 1,845 million 2009, Industry GRP: 1,865 million 2010, Industry GRP: 1,922 million 2011, Industry GRP: 2,097 million 2012, Industry GRP: 2,224 million 2013, Industry GRP: 2,297 million 2014, Industry GRP: 2,451 million 2015, Industry GRP: 2,683 million 2016, Industry GRP: 2,949 million 2017, Industry GRP: 3,262 million 2018, Industry GRP: 3,659 million 2001, Headline GRP: 1,853 million 2002, Headline GRP: 1,843 million 2003, Headline GRP: 1,887 million 2004, Headline GRP: 1,941 million 2005, Headline GRP: 1,991 million 2006, Headline GRP: 1,997 million 2007, Headline GRP: 2,015 million 2008, Headline GRP: 2,103 million 2009, Headline GRP: 2,209 million 2010, Headline GRP: 2,274 million 2011, Headline GRP: 2,402 million 2012, Headline GRP: 2,511 million 2013, Headline GRP: 2,738 million 2014, Headline GRP: 2,904 million 2015, Headline GRP: 3,178 million 2016, Headline GRP: 3,721 million 2017, Headline GRP: 4,093 million 2018, Headline GRP: 4,540 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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