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City of Gosnells

Gross Regional Product

City of Gosnells’s Gross Regional Product was $3.97 billion in the year ending June 2018, growing 4.3% 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
20183,970+4.32,9204,9110.59
20173,807-3.43,0115,0030.60
20163,940-0.13,1675,3330.59
20153,943+1.33,3455,8500.57
20143,893+2.53,3496,0310.56
20133,798-1.63,2976,0770.54
20123,862+16.93,2675,9620.55
20113,302+2.83,0045,4840.55
20103,212+0.72,6854,8800.55
20093,188-1.12,6774,8130.56
20083,223+5.02,5894,6420.56
20073,068+9.62,3764,1870.57
20062,800+9.32,1203,7490.57
20052,560+4.31,9743,5080.56
20042,454+6.91,8193,2210.56
20032,296+14.51,6462,9250.56
20022,006+7.91,5662,7710.57
20011,859--1,4572,5430.57

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 Gosnells - Gross Regional Product
City of Gosnells - Gross Regional Product 2001, Resident GRP: 2,543 million 2002, Resident GRP: 2,771 million 2003, Resident GRP: 2,925 million 2004, Resident GRP: 3,221 million 2005, Resident GRP: 3,508 million 2006, Resident GRP: 3,749 million 2007, Resident GRP: 4,187 million 2008, Resident GRP: 4,642 million 2009, Resident GRP: 4,813 million 2010, Resident GRP: 4,880 million 2011, Resident GRP: 5,484 million 2012, Resident GRP: 5,962 million 2013, Resident GRP: 6,077 million 2014, Resident GRP: 6,031 million 2015, Resident GRP: 5,850 million 2016, Resident GRP: 5,333 million 2017, Resident GRP: 5,003 million 2018, Resident GRP: 4,911 million 2001, Industry GRP: 1,457 million 2002, Industry GRP: 1,566 million 2003, Industry GRP: 1,646 million 2004, Industry GRP: 1,819 million 2005, Industry GRP: 1,974 million 2006, Industry GRP: 2,120 million 2007, Industry GRP: 2,376 million 2008, Industry GRP: 2,589 million 2009, Industry GRP: 2,677 million 2010, Industry GRP: 2,685 million 2011, Industry GRP: 3,004 million 2012, Industry GRP: 3,267 million 2013, Industry GRP: 3,297 million 2014, Industry GRP: 3,349 million 2015, Industry GRP: 3,345 million 2016, Industry GRP: 3,167 million 2017, Industry GRP: 3,011 million 2018, Industry GRP: 2,920 million 2001, Headline GRP: 1,859 million 2002, Headline GRP: 2,006 million 2003, Headline GRP: 2,296 million 2004, Headline GRP: 2,454 million 2005, Headline GRP: 2,560 million 2006, Headline GRP: 2,800 million 2007, Headline GRP: 3,068 million 2008, Headline GRP: 3,223 million 2009, Headline GRP: 3,188 million 2010, Headline GRP: 3,212 million 2011, Headline GRP: 3,302 million 2012, Headline GRP: 3,862 million 2013, Headline GRP: 3,798 million 2014, Headline GRP: 3,893 million 2015, Headline GRP: 3,943 million 2016, Headline GRP: 3,940 million 2017, Headline GRP: 3,807 million 2018, Headline GRP: 3,970 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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