Cradle Coast RegionEconomic profile
Skip to content

Cradle Coast Region

Gross product

This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

The Cradle Coast Region's Gross Regional Product was $6,296m as of the 30th June 2017.

The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2002.

Gross Regional Product
Gross Regional Product 2017, Cradle Coast Region: $6,296 million 2016, Cradle Coast Region: $6,176 million 2015, Cradle Coast Region: $6,329 million 2014, Cradle Coast Region: $6,241 million 2013, Cradle Coast Region: $6,223 million 2012, Cradle Coast Region: $6,322 million 2011, Cradle Coast Region: $6,180 million 2010, Cradle Coast Region: $6,151 million 2009, Cradle Coast Region: $6,107 million 2008, Cradle Coast Region: $5,925 million 2007, Cradle Coast Region: $5,748 million 2006, Cradle Coast Region: $5,486 million 2005, Cradle Coast Region: $5,103 million 2004, Cradle Coast Region: $4,891 million 2003, Cradle Coast Region: $4,445 million 2002, Cradle Coast Region: $4,403 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2017, Tasmania: 141.6% 2016, Tasmania: 137.8% 2015, Tasmania: 137.8% 2014, Tasmania: 134.7% 2013, Tasmania: 132.4% 2012, Tasmania: 132.4% 2011, Tasmania: 132.1% 2010, Tasmania: 130.4% 2009, Tasmania: 129.4% 2008, Tasmania: 127.5% 2007, Tasmania: 124.1% 2006, Tasmania: 120.5% 2005, Tasmania: 115.3% 2004, Tasmania: 112.8% 2003, Tasmania: 105.6% 2002, Tasmania: 105.8% 2001, Tasmania: 100.0% 2017, Cradle Coast Region: 150.8% 2016, Cradle Coast Region: 147.9% 2015, Cradle Coast Region: 151.6% 2014, Cradle Coast Region: 149.5% 2013, Cradle Coast Region: 149.1% 2012, Cradle Coast Region: 151.4% 2011, Cradle Coast Region: 148.0% 2010, Cradle Coast Region: 147.3% 2009, Cradle Coast Region: 146.3% 2008, Cradle Coast Region: 141.9% 2007, Cradle Coast Region: 137.7% 2006, Cradle Coast Region: 131.4% 2005, Cradle Coast Region: 122.2% 2004, Cradle Coast Region: 117.2% 2003, Cradle Coast Region: 106.5% 2002, Cradle Coast Region: 105.5% 2001, Cradle Coast Region: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Cradle Coast RegionTasmania
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCradle Coast Region as a % of Tasmania
20176,296+1.9150.829,125+2.7141.621.62
20166,176-2.4147.928,3540137.821.78
20156,329+1.4151.628,344+2.3137.822.33
20146,241+0.3149.527,717+1.8134.722.52
20136,223-1.6149.127,2320132.422.85
20126,322+2.3151.427,229+0.2132.423.22
20116,180+0.5148.027,175+1.3132.122.74
20106,151+0.7147.326,820+0.7130.422.93
20096,107+3.1146.326,624+1.5129.422.94
20085,925+3.1141.926,229+2.7127.522.59
20075,748+4.8137.725,534+3.0124.122.51
20065,486+7.5131.424,781+4.5120.522.14
20055,103+4.3122.223,719+2.2115.321.51
20044,891+10.0117.223,204+6.8112.821.08
20034,445+0.9106.521,723-0.2105.620.46
20024,403+5.5105.521,757+5.8105.820.24
20014,175--100.020,570--100.020.30

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2017, Average annual growth rate: 2.4% 2016, Average annual growth rate: 2.4% 2015, Average annual growth rate: 2.4% 2014, Average annual growth rate: 2.4% 2013, Average annual growth rate: 2.4% 2012, Average annual growth rate: 2.4% 2011, Average annual growth rate: 2.4% 2010, Average annual growth rate: 2.4% 2009, Average annual growth rate: 2.4% 2008, Average annual growth rate: 2.4% 2007, Average annual growth rate: 2.4% 2006, Average annual growth rate: 2.4% 2005, Average annual growth rate: 2.4% 2004, Average annual growth rate: 2.4% 2003, Average annual growth rate: 2.4% 2017, Tasmania: 2.7% 2016, Tasmania: 0.0% 2015, Tasmania: 2.3% 2014, Tasmania: 1.8% 2013, Tasmania: 0.0% 2012, Tasmania: 0.2% 2011, Tasmania: 1.3% 2010, Tasmania: 0.7% 2009, Tasmania: 1.5% 2008, Tasmania: 2.7% 2007, Tasmania: 3.0% 2006, Tasmania: 4.5% 2005, Tasmania: 2.2% 2004, Tasmania: 6.8% 2003, Tasmania: -0.2% 2017, Cradle Coast Region: 1.9% 2016, Cradle Coast Region: -2.4% 2015, Cradle Coast Region: 1.4% 2014, Cradle Coast Region: 0.3% 2013, Cradle Coast Region: -1.6% 2012, Cradle Coast Region: 2.3% 2011, Cradle Coast Region: 0.5% 2010, Cradle Coast Region: 0.7% 2009, Cradle Coast Region: 3.1% 2008, Cradle Coast Region: 3.1% 2007, Cradle Coast Region: 4.8% 2006, Cradle Coast Region: 7.5% 2005, Cradle Coast Region: 4.3% 2004, Cradle Coast Region: 10.0% 2003, Cradle Coast Region: 0.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
v18.09.10-1.0.0