Glenelg ShireEconomic profile
Skip to content

Glenelg Shire

Gross product

Glenelg Shire's Gross Regional Product was $994m as of the 30th June 2017.

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 2017, Glenelg Shire: $994 million 2016, Glenelg Shire: $911 million 2015, Glenelg Shire: $929 million 2014, Glenelg Shire: $932 million 2013, Glenelg Shire: $914 million 2012, Glenelg Shire: $943 million 2011, Glenelg Shire: $949 million 2010, Glenelg Shire: $967 million 2009, Glenelg Shire: $986 million 2008, Glenelg Shire: $1,001 million 2007, Glenelg Shire: $991 million 2006, Glenelg Shire: $987 million 2005, Glenelg Shire: $968 million 2004, Glenelg Shire: $963 million 2003, Glenelg Shire: $919 million 2002, Glenelg Shire: $910 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2017, Victoria: 155.5% 2016, Victoria: 149.4% 2015, Victoria: 144.1% 2014, Victoria: 139.3% 2013, Victoria: 135.5% 2012, Victoria: 134.1% 2011, Victoria: 132.5% 2010, Victoria: 129.5% 2009, Victoria: 127.3% 2008, Victoria: 125.6% 2007, Victoria: 121.9% 2006, Victoria: 118.1% 2005, Victoria: 115.5% 2004, Victoria: 112.4% 2003, Victoria: 108.3% 2002, Victoria: 104.8% 2001, Victoria: 100.0% 2017, Glenelg Shire: 113.1% 2016, Glenelg Shire: 103.6% 2015, Glenelg Shire: 105.6% 2014, Glenelg Shire: 106.0% 2013, Glenelg Shire: 104.0% 2012, Glenelg Shire: 107.2% 2011, Glenelg Shire: 107.9% 2010, Glenelg Shire: 110.0% 2009, Glenelg Shire: 112.1% 2008, Glenelg Shire: 113.8% 2007, Glenelg Shire: 112.7% 2006, Glenelg Shire: 112.2% 2005, Glenelg Shire: 110.1% 2004, Glenelg Shire: 109.5% 2003, Glenelg Shire: 104.5% 2002, Glenelg Shire: 103.5% 2001, Glenelg Shire: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
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
2017994+9.1113.1404,224+4.1155.50.25
2016911-1.9103.6388,347+3.7149.40.23
2015929-0.3105.6374,657+3.5144.10.25
2014932+1.9106.0361,952+2.8139.30.26
2013914-3.0104.0352,153+1.1135.50.26
2012943-0.7107.2348,431+1.2134.10.27
2011949-1.9107.9344,381+2.3132.50.28
2010967-1.9110.0336,606+1.8129.50.29
2009986-1.5112.1330,755+1.3127.30.30
20081,001+1.0113.8326,432+3.1125.60.31
2007991+0.5112.7316,730+3.2121.90.31
2006987+2.0112.2306,875+2.2118.10.32
2005968+0.5110.1300,298+2.8115.50.32
2004963+4.8109.5292,117+3.7112.40.33
2003919+1.0104.5281,603+3.3108.30.33
2002910+3.5103.5272,503+4.8104.80.33
2001879--100.0259,909--100.00.34

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts

Data are based on a 2015-16 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 2017, Average annual growth rate: 0.7% 2016, Average annual growth rate: 0.7% 2015, Average annual growth rate: 0.7% 2014, Average annual growth rate: 0.7% 2013, Average annual growth rate: 0.7% 2012, Average annual growth rate: 0.7% 2011, Average annual growth rate: 0.7% 2010, Average annual growth rate: 0.7% 2009, Average annual growth rate: 0.7% 2008, Average annual growth rate: 0.7% 2007, Average annual growth rate: 0.7% 2006, Average annual growth rate: 0.7% 2005, Average annual growth rate: 0.7% 2004, Average annual growth rate: 0.7% 2003, Average annual growth rate: 0.7% 2017, Victoria: 4.1% 2016, Victoria: 3.7% 2015, Victoria: 3.5% 2014, Victoria: 2.8% 2013, Victoria: 1.1% 2012, Victoria: 1.2% 2011, Victoria: 2.3% 2010, Victoria: 1.8% 2009, Victoria: 1.3% 2008, Victoria: 3.1% 2007, Victoria: 3.2% 2006, Victoria: 2.2% 2005, Victoria: 2.8% 2004, Victoria: 3.7% 2003, Victoria: 3.3% 2017, Glenelg Shire: 9.1% 2016, Glenelg Shire: -1.9% 2015, Glenelg Shire: -0.3% 2014, Glenelg Shire: 1.9% 2013, Glenelg Shire: -3.0% 2012, Glenelg Shire: -0.7% 2011, Glenelg Shire: -1.9% 2010, Glenelg Shire: -1.9% 2009, Glenelg Shire: -1.5% 2008, Glenelg Shire: 1.0% 2007, Glenelg Shire: 0.5% 2006, Glenelg Shire: 2.0% 2005, Glenelg Shire: 0.5% 2004, Glenelg Shire: 4.8% 2003, Glenelg Shire: 1.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
v18.09.24-1.0.0