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City of Gosnells

Gross Regional Product

City of Gosnells’s Gross Regional Product was $3.86 billion in the year ending June 2017, declining -4.0% 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
20173,856-4.03,0995,0980.61
20164,017+0.63,2235,3720.60
20153,995+1.73,3665,7690.58
20143,926+2.53,3635,9070.57
20133,829-0.83,3195,9460.56
20123,859+15.33,2625,8720.56
20113,346+1.72,9945,3600.56
20103,290+0.32,6884,7860.56
20093,280-0.62,7024,7690.57
20083,300+4.92,6094,5650.57
20073,145+9.92,3874,1390.58
20062,863+9.92,1303,6770.58
20052,606+2.91,9783,4230.58
20042,532+7.51,8283,1860.57
20032,355+15.41,6552,9220.57
20022,041+7.61,5702,7570.57
20011,896--1,4692,5180.58

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

City of Gosnells - Gross Regional Product
City of Gosnells - Gross Regional Product 2001, Resident GRP: 2,518 million 2002, Resident GRP: 2,757 million 2003, Resident GRP: 2,922 million 2004, Resident GRP: 3,186 million 2005, Resident GRP: 3,423 million 2006, Resident GRP: 3,677 million 2007, Resident GRP: 4,139 million 2008, Resident GRP: 4,565 million 2009, Resident GRP: 4,769 million 2010, Resident GRP: 4,786 million 2011, Resident GRP: 5,360 million 2012, Resident GRP: 5,872 million 2013, Resident GRP: 5,946 million 2014, Resident GRP: 5,907 million 2015, Resident GRP: 5,769 million 2016, Resident GRP: 5,372 million 2017, Resident GRP: 5,098 million 2001, Industry GRP: 1,469 million 2002, Industry GRP: 1,570 million 2003, Industry GRP: 1,655 million 2004, Industry GRP: 1,828 million 2005, Industry GRP: 1,978 million 2006, Industry GRP: 2,130 million 2007, Industry GRP: 2,387 million 2008, Industry GRP: 2,609 million 2009, Industry GRP: 2,702 million 2010, Industry GRP: 2,688 million 2011, Industry GRP: 2,994 million 2012, Industry GRP: 3,262 million 2013, Industry GRP: 3,319 million 2014, Industry GRP: 3,363 million 2015, Industry GRP: 3,366 million 2016, Industry GRP: 3,223 million 2017, Industry GRP: 3,099 million 2001, Headline GRP: 1,896 million 2002, Headline GRP: 2,041 million 2003, Headline GRP: 2,355 million 2004, Headline GRP: 2,532 million 2005, Headline GRP: 2,606 million 2006, Headline GRP: 2,863 million 2007, Headline GRP: 3,145 million 2008, Headline GRP: 3,300 million 2009, Headline GRP: 3,280 million 2010, Headline GRP: 3,290 million 2011, Headline GRP: 3,346 million 2012, Headline GRP: 3,859 million 2013, Headline GRP: 3,829 million 2014, Headline GRP: 3,926 million 2015, Headline GRP: 3,995 million 2016, Headline GRP: 4,017 million 2017, Headline GRP: 3,856 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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