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Far North Queensland Regional Organisation of CouncilsEconomic profile
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FNQROC

Gross product

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The FNQROC's Gross Regional Product was $15,819m as of the 30th June 2019.

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 2019, FNQROC: $15,819 million 2018, FNQROC: $15,645 million 2017, FNQROC: $15,391 million 2016, FNQROC: $14,931 million 2015, FNQROC: $14,827 million 2014, FNQROC: $14,828 million 2013, FNQROC: $14,686 million 2012, FNQROC: $14,629 million 2011, FNQROC: $14,406 million 2010, FNQROC: $14,608 million 2009, FNQROC: $14,736 million 2008, FNQROC: $14,479 million 2007, FNQROC: $13,894 million 2006, FNQROC: $13,036 million 2005, FNQROC: $12,408 million 2004, FNQROC: $11,521 million 2003, FNQROC: $10,945 million 2002, FNQROC: $10,895 million
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Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2019, Far North Queensland: 150.2% 2018, Far North Queensland: 148.7% 2017, Far North Queensland: 146.0% 2016, Far North Queensland: 141.5% 2015, Far North Queensland: 140.9% 2014, Far North Queensland: 141.3% 2013, Far North Queensland: 140.2% 2012, Far North Queensland: 139.7% 2011, Far North Queensland: 137.7% 2010, Far North Queensland: 141.0% 2009, Far North Queensland: 143.4% 2008, Far North Queensland: 141.7% 2007, Far North Queensland: 136.2% 2006, Far North Queensland: 127.6% 2005, Far North Queensland: 121.1% 2004, Far North Queensland: 112.5% 2003, Far North Queensland: 106.6% 2002, Far North Queensland: 105.6% 2001, Far North Queensland: 100.0% 2019, FNQROC: 152.8% 2018, FNQROC: 151.1% 2017, FNQROC: 148.7% 2016, FNQROC: 144.3% 2015, FNQROC: 143.2% 2014, FNQROC: 143.3% 2013, FNQROC: 141.9% 2012, FNQROC: 141.3% 2011, FNQROC: 139.2% 2010, FNQROC: 141.1% 2009, FNQROC: 142.4% 2008, FNQROC: 139.9% 2007, FNQROC: 134.2% 2006, FNQROC: 125.9% 2005, FNQROC: 119.9% 2004, FNQROC: 111.3% 2003, FNQROC: 105.7% 2002, FNQROC: 105.3% 2001, FNQROC: 100.0%
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Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
FNQROCFar North Queensland
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeFNQROC as a % of Far North Queensland
201915,819+1.1â–²152.815,836+1.0150.299.89
201815,645+1.6â–²151.115,679+1.9148.799.78
201715,391+3.1â–²148.715,389+3.1146.0100.01
201614,931+0.7â–²144.314,920+0.4141.5100.07
201514,8270•••143.214,855-0.3140.999.82
201414,828+1.0â–²143.314,894+0.8141.399.56
201314,686+0.4â–²141.914,777+0.3140.299.38
201214,629+1.5â–²141.314,732+1.5139.799.30
201114,406-1.4â–¼139.214,516-2.3137.799.24
201014,608-0.9â–¼141.114,861-1.7141.098.30
200914,736+1.8â–²142.415,123+1.2143.497.44
200814,479+4.2â–²139.914,944+4.1141.796.89
200713,894+6.6â–²134.214,356+6.7136.296.78
200613,036+5.1â–²125.913,448+5.3127.696.94
200512,408+7.7â–²119.912,771+7.7121.197.16
200411,521+5.3â–²111.311,862+5.6112.597.13
200310,945+0.5â–²105.711,237+0.9106.697.40
200210,895+5.3â–²105.311,136+5.6105.697.84
200110,351--100.010,542--100.098.18

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2019, Average annual growth rate: 2.5% 2018, Average annual growth rate: 2.5% 2017, Average annual growth rate: 2.5% 2016, Average annual growth rate: 2.5% 2015, Average annual growth rate: 2.5% 2014, Average annual growth rate: 2.5% 2013, Average annual growth rate: 2.5% 2012, Average annual growth rate: 2.5% 2011, Average annual growth rate: 2.5% 2010, Average annual growth rate: 2.5% 2009, Average annual growth rate: 2.5% 2008, Average annual growth rate: 2.5% 2007, Average annual growth rate: 2.5% 2006, Average annual growth rate: 2.5% 2005, Average annual growth rate: 2.5% 2004, Average annual growth rate: 2.5% 2003, Average annual growth rate: 2.5% 2019, Far North Queensland: 1.0% 2018, Far North Queensland: 1.9% 2017, Far North Queensland: 3.1% 2016, Far North Queensland: 0.4% 2015, Far North Queensland: -0.3% 2014, Far North Queensland: 0.8% 2013, Far North Queensland: 0.3% 2012, Far North Queensland: 1.5% 2011, Far North Queensland: -2.3% 2010, Far North Queensland: -1.7% 2009, Far North Queensland: 1.2% 2008, Far North Queensland: 4.1% 2007, Far North Queensland: 6.7% 2006, Far North Queensland: 5.3% 2005, Far North Queensland: 7.7% 2004, Far North Queensland: 5.6% 2003, Far North Queensland: 0.9% 2019, FNQROC: 1.1% 2018, FNQROC: 1.6% 2017, FNQROC: 3.1% 2016, FNQROC: 0.7% 2015, FNQROC: 0.0% 2014, FNQROC: 1.0% 2013, FNQROC: 0.4% 2012, FNQROC: 1.5% 2011, FNQROC: -1.4% 2010, FNQROC: -0.9% 2009, FNQROC: 1.8% 2008, FNQROC: 4.2% 2007, FNQROC: 6.6% 2006, FNQROC: 5.1% 2005, FNQROC: 7.7% 2004, FNQROC: 5.3% 2003, FNQROC: 0.5%
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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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