Coffs Harbour City CouncilEconomic profile
Skip to content

Coffs Harbour City

Gross Regional Product

Coffs Harbour City’s Gross Regional Product was $3.22 billion in the year ending June 2017, growing 2.4% 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

Coffs Harbour City - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20173,220+2.42,8412,9070.98
20163,146+1.42,8092,8640.98
20153,101-2.52,7672,8180.98
20143,181-2.42,7302,7870.98
20133,259+4.62,7222,7840.98
20123,115+0.92,7142,7620.98
20113,088+2.02,6372,6720.99
20103,027+1.42,4772,5120.99
20092,985+4.92,4172,4580.98
20082,846+2.32,3772,4180.98
20072,780+0.42,2472,2870.98
20062,768+3.72,1582,2040.98
20052,669+5.62,0402,0880.98
20042,528+6.51,8421,8890.98
20032,373+5.41,6841,7270.97
20022,252+3.11,6051,6480.97
20012,184--1,5781,6210.97

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

Coffs Harbour City - Gross Regional Product
Coffs Harbour City - Gross Regional Product 2001, Resident GRP: 1,621 million 2002, Resident GRP: 1,648 million 2003, Resident GRP: 1,727 million 2004, Resident GRP: 1,889 million 2005, Resident GRP: 2,088 million 2006, Resident GRP: 2,204 million 2007, Resident GRP: 2,287 million 2008, Resident GRP: 2,418 million 2009, Resident GRP: 2,458 million 2010, Resident GRP: 2,512 million 2011, Resident GRP: 2,672 million 2012, Resident GRP: 2,762 million 2013, Resident GRP: 2,784 million 2014, Resident GRP: 2,787 million 2015, Resident GRP: 2,818 million 2016, Resident GRP: 2,864 million 2017, Resident GRP: 2,907 million 2001, Industry GRP: 1,578 million 2002, Industry GRP: 1,605 million 2003, Industry GRP: 1,684 million 2004, Industry GRP: 1,842 million 2005, Industry GRP: 2,040 million 2006, Industry GRP: 2,158 million 2007, Industry GRP: 2,247 million 2008, Industry GRP: 2,377 million 2009, Industry GRP: 2,417 million 2010, Industry GRP: 2,477 million 2011, Industry GRP: 2,637 million 2012, Industry GRP: 2,714 million 2013, Industry GRP: 2,722 million 2014, Industry GRP: 2,730 million 2015, Industry GRP: 2,767 million 2016, Industry GRP: 2,809 million 2017, Industry GRP: 2,841 million 2001, Headline GRP: 2,184 million 2002, Headline GRP: 2,252 million 2003, Headline GRP: 2,373 million 2004, Headline GRP: 2,528 million 2005, Headline GRP: 2,669 million 2006, Headline GRP: 2,768 million 2007, Headline GRP: 2,780 million 2008, Headline GRP: 2,846 million 2009, Headline GRP: 2,985 million 2010, Headline GRP: 3,027 million 2011, Headline GRP: 3,088 million 2012, Headline GRP: 3,115 million 2013, Headline GRP: 3,259 million 2014, Headline GRP: 3,181 million 2015, Headline GRP: 3,101 million 2016, Headline GRP: 3,146 million 2017, Headline GRP: 3,220 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

To continue building your economic story go to...

v18.09.24-1.0.0