Glenelg ShireEconomic profile
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Glenelg Shire

Gross product

Glenelg Shire's Gross Regional Product was $929m as of the 30th June 2018.

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 2018, Glenelg Shire: $929 million 2017, Glenelg Shire: $939 million 2016, Glenelg Shire: $842 million 2015, Glenelg Shire: $875 million 2014, Glenelg Shire: $896 million 2013, Glenelg Shire: $901 million 2012, Glenelg Shire: $915 million 2011, Glenelg Shire: $933 million 2010, Glenelg Shire: $949 million 2009, Glenelg Shire: $977 million 2008, Glenelg Shire: $995 million 2007, Glenelg Shire: $990 million 2006, Glenelg Shire: $965 million 2005, Glenelg Shire: $925 million 2004, Glenelg Shire: $924 million 2003, Glenelg Shire: $916 million 2002, Glenelg Shire: $926 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2018, Victoria: 158.3% 2017, Victoria: 155.5% 2016, Victoria: 149.0% 2015, Victoria: 143.8% 2014, Victoria: 139.0% 2013, Victoria: 135.2% 2012, Victoria: 133.8% 2011, Victoria: 132.3% 2010, Victoria: 129.4% 2009, Victoria: 127.1% 2008, Victoria: 125.4% 2007, Victoria: 121.7% 2006, Victoria: 118.0% 2005, Victoria: 115.6% 2004, Victoria: 112.5% 2003, Victoria: 108.4% 2002, Victoria: 104.9% 2001, Victoria: 100.0% 2018, Glenelg Shire: 108.7% 2017, Glenelg Shire: 109.9% 2016, Glenelg Shire: 98.5% 2015, Glenelg Shire: 102.4% 2014, Glenelg Shire: 104.8% 2013, Glenelg Shire: 105.4% 2012, Glenelg Shire: 107.1% 2011, Glenelg Shire: 109.1% 2010, Glenelg Shire: 111.0% 2009, Glenelg Shire: 114.3% 2008, Glenelg Shire: 116.4% 2007, Glenelg Shire: 115.8% 2006, Glenelg Shire: 112.9% 2005, Glenelg Shire: 108.3% 2004, Glenelg Shire: 108.1% 2003, Glenelg Shire: 107.2% 2002, Glenelg Shire: 108.3% 2001, Glenelg Shire: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Glenelg ShireVictoria
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeGlenelg Shire as a % of Victoria
2018929-1.1108.7411,541+1.8158.30.23
2017939+11.6109.9404,240+4.3155.50.23
2016842-3.898.5387,457+3.6149.00.22
2015875-2.3102.4373,861+3.5143.80.23
2014896-0.6104.8361,326+2.8139.00.25
2013901-1.5105.4351,624+1.0135.20.26
2012915-1.8107.1347,974+1.1133.80.26
2011933-1.7109.1344,097+2.3132.30.27
2010949-2.9111.0336,361+1.8129.40.28
2009977-1.8114.3330,467+1.4127.10.30
2008995+0.4116.4325,981+3.0125.40.31
2007990+2.6115.8316,393+3.1121.70.31
2006965+4.3112.9306,805+2.1118.00.31
2005925+0.2•••108.3300,480+2.8115.60.31
2004924+0.8108.1292,422+3.8112.50.32
2003916-1.0107.2281,847+3.4108.40.33
2002926+8.3108.3272,695+4.9104.90.34
2001855--100.0260,013--100.00.33

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2018, Average annual growth rate: 0.6% 2017, Average annual growth rate: 0.6% 2016, Average annual growth rate: 0.6% 2015, Average annual growth rate: 0.6% 2014, Average annual growth rate: 0.6% 2013, Average annual growth rate: 0.6% 2012, Average annual growth rate: 0.6% 2011, Average annual growth rate: 0.6% 2010, Average annual growth rate: 0.6% 2009, Average annual growth rate: 0.6% 2008, Average annual growth rate: 0.6% 2007, Average annual growth rate: 0.6% 2006, Average annual growth rate: 0.6% 2005, Average annual growth rate: 0.6% 2004, Average annual growth rate: 0.6% 2003, Average annual growth rate: 0.6% 2018, Victoria: 1.8% 2017, Victoria: 4.3% 2016, Victoria: 3.6% 2015, Victoria: 3.5% 2014, Victoria: 2.8% 2013, Victoria: 1.0% 2012, Victoria: 1.1% 2011, Victoria: 2.3% 2010, Victoria: 1.8% 2009, Victoria: 1.4% 2008, Victoria: 3.0% 2007, Victoria: 3.1% 2006, Victoria: 2.1% 2005, Victoria: 2.8% 2004, Victoria: 3.8% 2003, Victoria: 3.4% 2018, Glenelg Shire: -1.1% 2017, Glenelg Shire: 11.6% 2016, Glenelg Shire: -3.8% 2015, Glenelg Shire: -2.3% 2014, Glenelg Shire: -0.6% 2013, Glenelg Shire: -1.5% 2012, Glenelg Shire: -1.8% 2011, Glenelg Shire: -1.7% 2010, Glenelg Shire: -2.9% 2009, Glenelg Shire: -1.8% 2008, Glenelg Shire: 0.4% 2007, Glenelg Shire: 2.6% 2006, Glenelg Shire: 4.3% 2005, Glenelg Shire: 0.2% 2004, Glenelg Shire: 0.8% 2003, Glenelg Shire: -1.0%
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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