Federation Council area

Gross product

Federation Council area's Gross Regional Product was $814m in 2021/22.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
Current benchmark:
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Gross Regional Product (GRP)
Federation Council areaNSW
Year (ending June 30)$GRP $m% change from previous yearCumulative change$GRP $m% change from previous yearCumulative changeFederation Council area as a % of NSW
2022814+7.7596+661,320.91+1.87+151.76+0.12
2021756+5.7989+649,163.09+2.58+148.97+0.12
2020714-3.2484+632,807.75-0.65+145.22+0.11
2019738-4.3787+636,945.54+2.61+146.16+0.12
2018772+0.4691+620,724.44+2.10+142.44+0.12
2017768+3.2590+607,946.96+2.86+139.51+0.13
2016744+1.9287+591,069.56+3.74+135.64+0.13
2015730-1.3286+569,777.28+2.70+130.75+0.13
2014740-2.2987+554,795.20+2.25+127.31+0.13
2013757-1.3589+542,578.34+2.15+124.51+0.14
2012767-2.8390+531,158.96+2.38+121.89+0.14
2011790+2.2993+518,800.96+1.93+119.05+0.15
2010772-1.6391+508,991.98+1.51+116.80+0.15
2009785+4.4292+501,435.33+1.43+115.07+0.16
2008752-2.8788+494,374.94+2.04+113.45+0.15
2007774-6.7791+484,490.28+1.70+111.18+0.16
2006830-0.9797+476,381.17+1.15+109.32+0.17
2005838+1.4198+470,947.25+1.34+108.07+0.18
2004827+2.9197+464,738.56+2.65+106.65+0.18
2003803-8.4994+452,759.36+2.05+103.90+0.18
2002878+3.04103+443,673.15+1.81+101.81+0.20
2001852--100+435,772.60--+100.00+0.20

Federation Council

economic profile