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Coastal Urban Economic Region

Gross Regional Product

Coastal Urban Economic Region’s Gross Regional Product was $4.52 billion in the year ending June 2018, declining -3.0% 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 Region. 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

Coastal Urban Economic Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20184,524-3.02,3912,3911.00
20174,661+1.12,4812,4791.00
20164,611-0.32,8832,8891.00
20154,625+1.63,0673,0671.00
20144,551+1.03,1083,1091.00
20134,505-1.93,1553,1601.00
20124,590+1.43,2773,2841.00
20114,528+1.53,3273,3431.00
20104,460+1.33,2613,2731.00
20094,404+2.13,2693,2870.99
20084,315+0.53,2193,2331.00
20074,293+7.33,0223,0311.00
20064,003+9.22,8932,9011.00
20053,667+4.52,6292,6241.00
20043,510+9.12,3502,3401.00
20033,215+3.22,1122,1061.00
20023,115+4.92,0352,0221.01
20012,968--1,9381,9281.01

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

Coastal Urban Economic Region - Gross Regional Product
Coastal Urban Economic Region - Gross Regional Product 2001, Resident GRP: 1,928 million 2002, Resident GRP: 2,022 million 2003, Resident GRP: 2,106 million 2004, Resident GRP: 2,340 million 2005, Resident GRP: 2,624 million 2006, Resident GRP: 2,901 million 2007, Resident GRP: 3,031 million 2008, Resident GRP: 3,233 million 2009, Resident GRP: 3,287 million 2010, Resident GRP: 3,273 million 2011, Resident GRP: 3,343 million 2012, Resident GRP: 3,284 million 2013, Resident GRP: 3,160 million 2014, Resident GRP: 3,109 million 2015, Resident GRP: 3,067 million 2016, Resident GRP: 2,889 million 2017, Resident GRP: 2,479 million 2018, Resident GRP: 2,391 million 2001, Industry GRP: 1,938 million 2002, Industry GRP: 2,035 million 2003, Industry GRP: 2,112 million 2004, Industry GRP: 2,350 million 2005, Industry GRP: 2,629 million 2006, Industry GRP: 2,893 million 2007, Industry GRP: 3,022 million 2008, Industry GRP: 3,219 million 2009, Industry GRP: 3,269 million 2010, Industry GRP: 3,261 million 2011, Industry GRP: 3,327 million 2012, Industry GRP: 3,277 million 2013, Industry GRP: 3,155 million 2014, Industry GRP: 3,108 million 2015, Industry GRP: 3,067 million 2016, Industry GRP: 2,883 million 2017, Industry GRP: 2,481 million 2018, Industry GRP: 2,391 million 2001, Headline GRP: 2,968 million 2002, Headline GRP: 3,115 million 2003, Headline GRP: 3,215 million 2004, Headline GRP: 3,510 million 2005, Headline GRP: 3,667 million 2006, Headline GRP: 4,003 million 2007, Headline GRP: 4,293 million 2008, Headline GRP: 4,315 million 2009, Headline GRP: 4,404 million 2010, Headline GRP: 4,460 million 2011, Headline GRP: 4,528 million 2012, Headline GRP: 4,590 million 2013, Headline GRP: 4,505 million 2014, Headline GRP: 4,551 million 2015, Headline GRP: 4,625 million 2016, Headline GRP: 4,611 million 2017, Headline GRP: 4,661 million 2018, Headline GRP: 4,524 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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