Dungog Shire Council

economic profile

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Dungog Shire

Gross product

Dungog Shire's Gross Regional Product was $433m in 2022/23.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
Current benchmark:
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Gross Regional Product (GRP)
Dungog ShireNew South Wales
Year (ending June 30)$GRP $m% change from previous yearCumulative change$GRP $m% change from previous yearCumulative changeDungog Shire as a % of New South Wales
2023433+4.43150+733,611.10+3.80+157.49+0.06
2022415+8.57144+706,742.46+2.61+151.72+0.06
2021382+5.05132+688,734.33+2.24+147.85+0.06
2020363-3.48126+673,645.69-1.05+144.61+0.05
2019377-1.26130+680,769.99+2.67+146.14+0.06
2018381+0.98132+663,076.98+2.08+142.35+0.06
2017378+3.23131+649,547.65+2.91+139.44+0.06
2016366-1.74127+631,175.85+3.79+135.50+0.06
2015372+0.62129+608,142.79+2.78+130.55+0.06
2014370+0.32128+591,688.77+2.28+127.02+0.06
2013369+1.13128+578,474.50+2.14+124.18+0.06
2012365-0.55126+566,335.98+2.34+121.58+0.06
2011367+6.11127+553,361.67+1.98+118.79+0.07
2010346+0.68120+542,604.52+1.53+116.48+0.06
2009343+4.25119+534,451.24+1.44+114.73+0.06
2008329-2.89114+526,850.90+2.04+113.10+0.06
2007339-0.31117+516,321.20+1.63+110.84+0.07
2006340+2.93118+508,046.67+1.10+109.07+0.07
2005330+7.18114+502,501.58+1.29+107.87+0.07
2004308+7.21107+496,078.75+2.62+106.50+0.06
2003288-0.31100+483,433.26+1.99+103.78+0.06
2002288-0.10100+473,993.63+1.75+101.75+0.06
2001289--100+465,820.24--+100.00+0.06

Dungog Shire Council

economic profile