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City of Casey

Gross Regional Product

City of Casey’s Gross Regional Product was $9.52 billion in the year ending June 2019, growing 4.1% 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
20199,518+4.17,32613,4540.54
20189,143+5.17,04112,8200.55
20178,703+4.76,76112,1680.56
20168,314+5.26,56011,7510.56
20157,901+4.66,43011,4490.56
20147,554+2.66,39411,4020.56
20137,365+2.56,26411,2150.56
20127,187+2.95,98410,9110.55
20116,985+3.35,76510,5540.55
20106,762+1.75,47310,0600.54
20096,650+4.15,2119,6900.54
20086,390+7.44,9329,4140.52
20075,950+3.44,5488,6970.52
20065,755+3.24,3558,3620.52
20055,575+5.24,1048,1200.51
20045,299+3.93,7897,5240.50
20035,100+7.43,6266,9690.52
20024,747+7.33,4966,5810.53
20014,423--3,1846,0040.53

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

City of Casey - Gross Regional Product
City of Casey - Gross Regional Product 2001, Resident GRP: 6,004 million 2002, Resident GRP: 6,581 million 2003, Resident GRP: 6,969 million 2004, Resident GRP: 7,524 million 2005, Resident GRP: 8,120 million 2006, Resident GRP: 8,362 million 2007, Resident GRP: 8,697 million 2008, Resident GRP: 9,414 million 2009, Resident GRP: 9,690 million 2010, Resident GRP: 10,060 million 2011, Resident GRP: 10,554 million 2012, Resident GRP: 10,911 million 2013, Resident GRP: 11,215 million 2014, Resident GRP: 11,402 million 2015, Resident GRP: 11,449 million 2016, Resident GRP: 11,751 million 2017, Resident GRP: 12,168 million 2018, Resident GRP: 12,820 million 2019, Resident GRP: 13,454 million 2001, Industry GRP: 3,184 million 2002, Industry GRP: 3,496 million 2003, Industry GRP: 3,626 million 2004, Industry GRP: 3,789 million 2005, Industry GRP: 4,104 million 2006, Industry GRP: 4,355 million 2007, Industry GRP: 4,548 million 2008, Industry GRP: 4,932 million 2009, Industry GRP: 5,211 million 2010, Industry GRP: 5,473 million 2011, Industry GRP: 5,765 million 2012, Industry GRP: 5,984 million 2013, Industry GRP: 6,264 million 2014, Industry GRP: 6,394 million 2015, Industry GRP: 6,430 million 2016, Industry GRP: 6,560 million 2017, Industry GRP: 6,761 million 2018, Industry GRP: 7,041 million 2019, Industry GRP: 7,326 million 2001, Headline GRP: 4,423 million 2002, Headline GRP: 4,747 million 2003, Headline GRP: 5,100 million 2004, Headline GRP: 5,299 million 2005, Headline GRP: 5,575 million 2006, Headline GRP: 5,755 million 2007, Headline GRP: 5,950 million 2008, Headline GRP: 6,390 million 2009, Headline GRP: 6,650 million 2010, Headline GRP: 6,762 million 2011, Headline GRP: 6,985 million 2012, Headline GRP: 7,187 million 2013, Headline GRP: 7,365 million 2014, Headline GRP: 7,554 million 2015, Headline GRP: 7,901 million 2016, Headline GRP: 8,314 million 2017, Headline GRP: 8,703 million 2018, Headline GRP: 9,143 million 2019, Headline GRP: 9,518 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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