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Camden Council area

Gross Regional Product

Camden Council area’s Gross Regional Product was $4.76 billion in the year ending June 2019, growing 5.0% 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
20194,756+5.03,5155,5970.63
20184,529+9.43,3325,1910.64
20174,139+6.43,0504,8090.63
20163,890+15.62,8334,4210.64
20153,364+9.72,6154,0560.64
20143,068+7.42,4613,7210.66
20132,856+6.72,3113,4460.67
20122,677+6.02,2013,3180.66
20112,526+5.42,0893,1520.66
20102,395+2.41,9723,0050.66
20092,339+3.71,8922,8790.66
20082,255+5.71,8482,8740.64
20072,133+1.81,7272,7040.64
20062,096-0.31,6552,5830.64
20052,101+2.51,6072,5220.64
20042,049+3.11,4892,3940.62
20031,988+2.51,4202,2450.63
20021,939+2.01,3722,1460.64
20011,902--1,2942,0320.64

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

Camden Council area - Gross Regional Product
Camden Council area - Gross Regional Product 2001, Resident GRP: 2,032 million 2002, Resident GRP: 2,146 million 2003, Resident GRP: 2,245 million 2004, Resident GRP: 2,394 million 2005, Resident GRP: 2,522 million 2006, Resident GRP: 2,583 million 2007, Resident GRP: 2,704 million 2008, Resident GRP: 2,874 million 2009, Resident GRP: 2,879 million 2010, Resident GRP: 3,005 million 2011, Resident GRP: 3,152 million 2012, Resident GRP: 3,318 million 2013, Resident GRP: 3,446 million 2014, Resident GRP: 3,721 million 2015, Resident GRP: 4,056 million 2016, Resident GRP: 4,421 million 2017, Resident GRP: 4,809 million 2018, Resident GRP: 5,191 million 2019, Resident GRP: 5,597 million 2001, Industry GRP: 1,294 million 2002, Industry GRP: 1,372 million 2003, Industry GRP: 1,420 million 2004, Industry GRP: 1,489 million 2005, Industry GRP: 1,607 million 2006, Industry GRP: 1,655 million 2007, Industry GRP: 1,727 million 2008, Industry GRP: 1,848 million 2009, Industry GRP: 1,892 million 2010, Industry GRP: 1,972 million 2011, Industry GRP: 2,089 million 2012, Industry GRP: 2,201 million 2013, Industry GRP: 2,311 million 2014, Industry GRP: 2,461 million 2015, Industry GRP: 2,615 million 2016, Industry GRP: 2,833 million 2017, Industry GRP: 3,050 million 2018, Industry GRP: 3,332 million 2019, Industry GRP: 3,515 million 2001, Headline GRP: 1,902 million 2002, Headline GRP: 1,939 million 2003, Headline GRP: 1,988 million 2004, Headline GRP: 2,049 million 2005, Headline GRP: 2,101 million 2006, Headline GRP: 2,096 million 2007, Headline GRP: 2,133 million 2008, Headline GRP: 2,255 million 2009, Headline GRP: 2,339 million 2010, Headline GRP: 2,395 million 2011, Headline GRP: 2,526 million 2012, Headline GRP: 2,677 million 2013, Headline GRP: 2,856 million 2014, Headline GRP: 3,068 million 2015, Headline GRP: 3,364 million 2016, Headline GRP: 3,890 million 2017, Headline GRP: 4,139 million 2018, Headline GRP: 4,529 million 2019, Headline GRP: 4,756 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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