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Coffs Harbour City

Gross Regional Product

Coffs Harbour City’s Gross Regional Product was $3.58 billion in the year ending June 2019, growing 0.9% 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

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
20193,576+0.93,0563,0840.99
20183,545+2.23,0453,0261.01
20173,470+0.23,0293,0361.00
20163,462+0.72,9833,0430.98
20153,437+0.82,9453,0020.98
20143,411-1.22,9052,9630.98
20133,451+1.42,8872,9430.98
20123,403+0.72,8502,9040.98
20113,379+3.92,8162,8620.98
20103,251+1.32,6332,6770.98
20093,209+1.92,5332,5760.98
20083,148+0.62,5002,5480.98
20073,128+3.62,3862,4370.98
20063,020+3.92,2152,2690.98
20052,905+6.02,0762,1320.97
20042,741+7.41,8781,9360.97
20032,551+4.61,7451,8010.97
20022,439+3.91,6971,7540.97
20012,346--1,6341,6900.97

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

Coffs Harbour City - Gross Regional Product
Coffs Harbour City - Gross Regional Product 2001, Resident GRP: 1,690 million 2002, Resident GRP: 1,754 million 2003, Resident GRP: 1,801 million 2004, Resident GRP: 1,936 million 2005, Resident GRP: 2,132 million 2006, Resident GRP: 2,269 million 2007, Resident GRP: 2,437 million 2008, Resident GRP: 2,548 million 2009, Resident GRP: 2,576 million 2010, Resident GRP: 2,677 million 2011, Resident GRP: 2,862 million 2012, Resident GRP: 2,904 million 2013, Resident GRP: 2,943 million 2014, Resident GRP: 2,963 million 2015, Resident GRP: 3,002 million 2016, Resident GRP: 3,043 million 2017, Resident GRP: 3,036 million 2018, Resident GRP: 3,026 million 2019, Resident GRP: 3,084 million 2001, Industry GRP: 1,634 million 2002, Industry GRP: 1,697 million 2003, Industry GRP: 1,745 million 2004, Industry GRP: 1,878 million 2005, Industry GRP: 2,076 million 2006, Industry GRP: 2,215 million 2007, Industry GRP: 2,386 million 2008, Industry GRP: 2,500 million 2009, Industry GRP: 2,533 million 2010, Industry GRP: 2,633 million 2011, Industry GRP: 2,816 million 2012, Industry GRP: 2,850 million 2013, Industry GRP: 2,887 million 2014, Industry GRP: 2,905 million 2015, Industry GRP: 2,945 million 2016, Industry GRP: 2,983 million 2017, Industry GRP: 3,029 million 2018, Industry GRP: 3,045 million 2019, Industry GRP: 3,056 million 2001, Headline GRP: 2,346 million 2002, Headline GRP: 2,439 million 2003, Headline GRP: 2,551 million 2004, Headline GRP: 2,741 million 2005, Headline GRP: 2,905 million 2006, Headline GRP: 3,020 million 2007, Headline GRP: 3,128 million 2008, Headline GRP: 3,148 million 2009, Headline GRP: 3,209 million 2010, Headline GRP: 3,251 million 2011, Headline GRP: 3,379 million 2012, Headline GRP: 3,403 million 2013, Headline GRP: 3,451 million 2014, Headline GRP: 3,411 million 2015, Headline GRP: 3,437 million 2016, Headline GRP: 3,462 million 2017, Headline GRP: 3,470 million 2018, Headline GRP: 3,545 million 2019, Headline GRP: 3,576 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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