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City of Casey

Gross Regional Product

City of Casey’s Gross Regional Product was $8.82 billion in the year ending June 2018, growing 3.4% 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

City of Casey - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20188,816+3.46,54911,4860.57
20178,523+7.26,34411,1200.57
20167,947+5.66,26010,9820.57
20157,526+4.06,24711,0570.57
20147,240+2.96,19711,0900.56
20137,035+2.36,07410,8750.56
20126,879+2.76,01610,8030.56
20116,697+2.45,82910,5120.55
20106,540+2.75,4389,9460.55
20096,370+5.75,2639,6420.55
20086,026+6.35,0199,3920.53
20075,668+2.94,6178,6660.53
20065,510+1.94,4458,3630.53
20055,407+4.74,2678,1680.52
20045,162+5.23,9347,5620.52
20034,907+7.43,6336,9010.53
20024,569+6.13,4116,4130.53
20014,305--3,2736,0040.55

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

City of Casey - Gross Regional Product
City of Casey - Gross Regional Product 2001, Resident GRP: 6,004 million 2002, Resident GRP: 6,413 million 2003, Resident GRP: 6,901 million 2004, Resident GRP: 7,562 million 2005, Resident GRP: 8,168 million 2006, Resident GRP: 8,363 million 2007, Resident GRP: 8,666 million 2008, Resident GRP: 9,392 million 2009, Resident GRP: 9,642 million 2010, Resident GRP: 9,946 million 2011, Resident GRP: 10,512 million 2012, Resident GRP: 10,803 million 2013, Resident GRP: 10,875 million 2014, Resident GRP: 11,090 million 2015, Resident GRP: 11,057 million 2016, Resident GRP: 10,982 million 2017, Resident GRP: 11,120 million 2018, Resident GRP: 11,486 million 2001, Industry GRP: 3,273 million 2002, Industry GRP: 3,411 million 2003, Industry GRP: 3,633 million 2004, Industry GRP: 3,934 million 2005, Industry GRP: 4,267 million 2006, Industry GRP: 4,445 million 2007, Industry GRP: 4,617 million 2008, Industry GRP: 5,019 million 2009, Industry GRP: 5,263 million 2010, Industry GRP: 5,438 million 2011, Industry GRP: 5,829 million 2012, Industry GRP: 6,016 million 2013, Industry GRP: 6,074 million 2014, Industry GRP: 6,197 million 2015, Industry GRP: 6,247 million 2016, Industry GRP: 6,260 million 2017, Industry GRP: 6,344 million 2018, Industry GRP: 6,549 million 2001, Headline GRP: 4,305 million 2002, Headline GRP: 4,569 million 2003, Headline GRP: 4,907 million 2004, Headline GRP: 5,162 million 2005, Headline GRP: 5,407 million 2006, Headline GRP: 5,510 million 2007, Headline GRP: 5,668 million 2008, Headline GRP: 6,026 million 2009, Headline GRP: 6,370 million 2010, Headline GRP: 6,540 million 2011, Headline GRP: 6,697 million 2012, Headline GRP: 6,879 million 2013, Headline GRP: 7,035 million 2014, Headline GRP: 7,240 million 2015, Headline GRP: 7,526 million 2016, Headline GRP: 7,947 million 2017, Headline GRP: 8,523 million 2018, Headline GRP: 8,816 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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