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City of Armadale

Gross Regional Product

City of Armadale’s Gross Regional Product was $2.85 billion in the year ending June 2018, growing 6.4% 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 Region. 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

City of Armadale - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20182,852+6.42,0563,6290.57
20172,679+3.42,0243,6250.56
20162,590+2.82,0263,7630.54
20152,520+5.92,0773,9680.52
20142,380+9.52,0113,9450.51
20132,173+4.71,8913,8270.49
20122,075+15.11,8163,6340.50
20111,802+6.61,6943,2570.52
20101,691+5.51,5082,8450.53
20091,603+6.81,4672,7200.54
20081,501+10.21,3522,5180.54
20071,361+9.71,1672,1910.53
20061,241+6.31,0151,9250.53
20051,168+5.79521,7980.53
20041,105+2.58811,6890.52
20031,078+4.18451,6060.53
20021,035+5.98331,5540.54
2001978--8021,4470.55

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

City of Armadale - Gross Regional Product
City of Armadale - Gross Regional Product 2001, Resident GRP: 1,447 million 2002, Resident GRP: 1,554 million 2003, Resident GRP: 1,606 million 2004, Resident GRP: 1,689 million 2005, Resident GRP: 1,798 million 2006, Resident GRP: 1,925 million 2007, Resident GRP: 2,191 million 2008, Resident GRP: 2,518 million 2009, Resident GRP: 2,720 million 2010, Resident GRP: 2,845 million 2011, Resident GRP: 3,257 million 2012, Resident GRP: 3,634 million 2013, Resident GRP: 3,827 million 2014, Resident GRP: 3,945 million 2015, Resident GRP: 3,968 million 2016, Resident GRP: 3,763 million 2017, Resident GRP: 3,625 million 2018, Resident GRP: 3,629 million 2001, Industry GRP: 802 million 2002, Industry GRP: 833 million 2003, Industry GRP: 845 million 2004, Industry GRP: 881 million 2005, Industry GRP: 952 million 2006, Industry GRP: 1,015 million 2007, Industry GRP: 1,167 million 2008, Industry GRP: 1,352 million 2009, Industry GRP: 1,467 million 2010, Industry GRP: 1,508 million 2011, Industry GRP: 1,694 million 2012, Industry GRP: 1,816 million 2013, Industry GRP: 1,891 million 2014, Industry GRP: 2,011 million 2015, Industry GRP: 2,077 million 2016, Industry GRP: 2,026 million 2017, Industry GRP: 2,024 million 2018, Industry GRP: 2,056 million 2001, Headline GRP: 978 million 2002, Headline GRP: 1,035 million 2003, Headline GRP: 1,078 million 2004, Headline GRP: 1,105 million 2005, Headline GRP: 1,168 million 2006, Headline GRP: 1,241 million 2007, Headline GRP: 1,361 million 2008, Headline GRP: 1,501 million 2009, Headline GRP: 1,603 million 2010, Headline GRP: 1,691 million 2011, Headline GRP: 1,802 million 2012, Headline GRP: 2,075 million 2013, Headline GRP: 2,173 million 2014, Headline GRP: 2,380 million 2015, Headline GRP: 2,520 million 2016, Headline GRP: 2,590 million 2017, Headline GRP: 2,679 million 2018, Headline GRP: 2,852 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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