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City of Gosnells

Gross Regional Product

City of Gosnells’s Gross Regional Product was $3.72 billion in the year ending June 2019, declining -1.3% 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 Gosnells - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20193,715-1.33,4486,1550.56
20183,766-1.73,4736,1960.56
20173,831-6.73,5136,1120.57
20164,104+2.13,5736,2080.58
20154,020+0.23,4496,1490.56
20144,010+2.33,3536,0720.55
20133,920+2.93,2956,0870.54
20123,808+11.73,1215,8230.54
20113,409+4.72,9095,3850.54
20103,255+1.52,7054,9030.55
20093,207-0.42,5734,7080.55
20083,219+4.02,3834,4240.54
20073,094+9.32,1893,9940.55
20062,830+8.71,9953,6150.55
20052,603+3.21,8583,3760.55
20042,521+7.81,7293,1200.55
20032,339+11.51,6192,8950.56
20022,098+10.11,5632,7690.56
20011,905--1,4082,4800.57

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

City of Gosnells - Gross Regional Product
City of Gosnells - Gross Regional Product 2001, Resident GRP: 2,480 million 2002, Resident GRP: 2,769 million 2003, Resident GRP: 2,895 million 2004, Resident GRP: 3,120 million 2005, Resident GRP: 3,376 million 2006, Resident GRP: 3,615 million 2007, Resident GRP: 3,994 million 2008, Resident GRP: 4,424 million 2009, Resident GRP: 4,708 million 2010, Resident GRP: 4,903 million 2011, Resident GRP: 5,385 million 2012, Resident GRP: 5,823 million 2013, Resident GRP: 6,087 million 2014, Resident GRP: 6,072 million 2015, Resident GRP: 6,149 million 2016, Resident GRP: 6,208 million 2017, Resident GRP: 6,112 million 2018, Resident GRP: 6,196 million 2019, Resident GRP: 6,155 million 2001, Industry GRP: 1,408 million 2002, Industry GRP: 1,563 million 2003, Industry GRP: 1,619 million 2004, Industry GRP: 1,729 million 2005, Industry GRP: 1,858 million 2006, Industry GRP: 1,995 million 2007, Industry GRP: 2,189 million 2008, Industry GRP: 2,383 million 2009, Industry GRP: 2,573 million 2010, Industry GRP: 2,705 million 2011, Industry GRP: 2,909 million 2012, Industry GRP: 3,121 million 2013, Industry GRP: 3,295 million 2014, Industry GRP: 3,353 million 2015, Industry GRP: 3,449 million 2016, Industry GRP: 3,573 million 2017, Industry GRP: 3,513 million 2018, Industry GRP: 3,473 million 2019, Industry GRP: 3,448 million 2001, Headline GRP: 1,905 million 2002, Headline GRP: 2,098 million 2003, Headline GRP: 2,339 million 2004, Headline GRP: 2,521 million 2005, Headline GRP: 2,603 million 2006, Headline GRP: 2,830 million 2007, Headline GRP: 3,094 million 2008, Headline GRP: 3,219 million 2009, Headline GRP: 3,207 million 2010, Headline GRP: 3,255 million 2011, Headline GRP: 3,409 million 2012, Headline GRP: 3,808 million 2013, Headline GRP: 3,920 million 2014, Headline GRP: 4,010 million 2015, Headline GRP: 4,020 million 2016, Headline GRP: 4,104 million 2017, Headline GRP: 3,831 million 2018, Headline GRP: 3,766 million 2019, Headline GRP: 3,715 million
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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