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Gold Coast City

Gross Regional Product

Gold Coast City’s Gross Regional Product was $35.24 billion in the year ending June 2018, growing 3.7% since the previous year.

Headline Gross Regional Product (GRP) is a measure of size or net wealth generated by the local economy. Changes in this figure over time can represent changes in employment, productivity or the types of industries in the area.

Local Industry GRP shows the value of the local economy, generated by the local workers within the area regardless of where they live, after taxes and dividends leave the area. It is best thought of as GRP produced by local industries.

Local Residents GRP refers to the economic output of the residents of the area regardless of where they work. It is best thought of as the income received by people in the City. If the Residents GRP is high relative to the Local Industry GRP, this indicates that residents are contributing their economic productivity to other areas (most likely commuting out).

To understand the relative size of these measures and reasons behind the differences, GRP data should be viewed in conjunction with Jobs to workers ratio and Employment self-containment datasets. To understand the main contributors to GRP, this dataset should be viewed in conjunction with industry Value added.

National Economics (NIEIR) - Modelled series

Gold Coast City - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201835,242+3.724,28525,2340.96
201733,970+3.723,75324,6520.96
201632,759+6.523,75724,9220.95
201530,763+3.823,76425,2110.94
201429,627+4.523,67125,4000.93
201328,350+1.623,17225,1370.92
201227,903+5.123,66425,7270.92
201126,541-0.123,57625,3260.93
201026,573-1.422,67224,1700.94
200926,941-0.923,01924,4540.94
200827,190+3.223,05324,3890.95
200726,347+7.921,69122,8420.95
200624,409+6.419,94720,8190.96
200522,942+6.418,75519,3160.97
200421,571+7.717,03717,4780.97
200320,023+7.214,99215,3550.98
200218,676+8.714,51814,8180.98
200117,187--13,29213,3630.99

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

Gold Coast City - Gross Regional Product
Gold Coast City - Gross Regional Product 2001, Resident GRP: 13,363 million 2002, Resident GRP: 14,818 million 2003, Resident GRP: 15,355 million 2004, Resident GRP: 17,478 million 2005, Resident GRP: 19,316 million 2006, Resident GRP: 20,819 million 2007, Resident GRP: 22,842 million 2008, Resident GRP: 24,389 million 2009, Resident GRP: 24,454 million 2010, Resident GRP: 24,170 million 2011, Resident GRP: 25,326 million 2012, Resident GRP: 25,727 million 2013, Resident GRP: 25,137 million 2014, Resident GRP: 25,400 million 2015, Resident GRP: 25,211 million 2016, Resident GRP: 24,922 million 2017, Resident GRP: 24,652 million 2018, Resident GRP: 25,234 million 2001, Industry GRP: 13,292 million 2002, Industry GRP: 14,518 million 2003, Industry GRP: 14,992 million 2004, Industry GRP: 17,037 million 2005, Industry GRP: 18,755 million 2006, Industry GRP: 19,947 million 2007, Industry GRP: 21,691 million 2008, Industry GRP: 23,053 million 2009, Industry GRP: 23,019 million 2010, Industry GRP: 22,672 million 2011, Industry GRP: 23,576 million 2012, Industry GRP: 23,664 million 2013, Industry GRP: 23,172 million 2014, Industry GRP: 23,671 million 2015, Industry GRP: 23,764 million 2016, Industry GRP: 23,757 million 2017, Industry GRP: 23,753 million 2018, Industry GRP: 24,285 million 2001, Headline GRP: 17,187 million 2002, Headline GRP: 18,676 million 2003, Headline GRP: 20,023 million 2004, Headline GRP: 21,571 million 2005, Headline GRP: 22,942 million 2006, Headline GRP: 24,409 million 2007, Headline GRP: 26,347 million 2008, Headline GRP: 27,190 million 2009, Headline GRP: 26,941 million 2010, Headline GRP: 26,573 million 2011, Headline GRP: 26,541 million 2012, Headline GRP: 27,903 million 2013, Headline GRP: 28,350 million 2014, Headline GRP: 29,627 million 2015, Headline GRP: 30,763 million 2016, Headline GRP: 32,759 million 2017, Headline GRP: 33,970 million 2018, Headline GRP: 35,242 million
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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