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Shire of Serpentine Jarrahdale

Gross Regional Product

Shire of Serpentine Jarrahdale’s Gross Regional Product was $0.92 billion in the year ending June 2019, declining -1.9% 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

Shire of Serpentine Jarrahdale - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
2019922-1.98361,8710.45
2018940-0.58491,8320.46
2017945-1.28141,6890.48
2016956+8.07621,6310.47
2015885+8.17051,5170.46
2014819+18.56361,3740.46
2013691+4.65661,2630.45
2012661+11.45211,1360.46
2011593+6.94639810.47
2010555+8.74298890.48
2009510+2.13988130.49
2008500+8.23717770.48
2007462+7.83377030.48
2006428+7.53006380.47
2005399+3.72886240.46
2004384+7.62725970.46
2003357+5.82625920.44
2002338+10.12655880.45
2001307--2405170.47

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

Shire of Serpentine Jarrahdale - Gross Regional Product
Shire of Serpentine Jarrahdale - Gross Regional Product 2001, Resident GRP: 517 million 2002, Resident GRP: 588 million 2003, Resident GRP: 592 million 2004, Resident GRP: 597 million 2005, Resident GRP: 624 million 2006, Resident GRP: 638 million 2007, Resident GRP: 703 million 2008, Resident GRP: 777 million 2009, Resident GRP: 813 million 2010, Resident GRP: 889 million 2011, Resident GRP: 981 million 2012, Resident GRP: 1,136 million 2013, Resident GRP: 1,263 million 2014, Resident GRP: 1,374 million 2015, Resident GRP: 1,517 million 2016, Resident GRP: 1,631 million 2017, Resident GRP: 1,689 million 2018, Resident GRP: 1,832 million 2019, Resident GRP: 1,871 million 2001, Industry GRP: 240 million 2002, Industry GRP: 265 million 2003, Industry GRP: 262 million 2004, Industry GRP: 272 million 2005, Industry GRP: 288 million 2006, Industry GRP: 300 million 2007, Industry GRP: 337 million 2008, Industry GRP: 371 million 2009, Industry GRP: 398 million 2010, Industry GRP: 429 million 2011, Industry GRP: 463 million 2012, Industry GRP: 521 million 2013, Industry GRP: 566 million 2014, Industry GRP: 636 million 2015, Industry GRP: 705 million 2016, Industry GRP: 762 million 2017, Industry GRP: 814 million 2018, Industry GRP: 849 million 2019, Industry GRP: 836 million 2001, Headline GRP: 307 million 2002, Headline GRP: 338 million 2003, Headline GRP: 357 million 2004, Headline GRP: 384 million 2005, Headline GRP: 399 million 2006, Headline GRP: 428 million 2007, Headline GRP: 462 million 2008, Headline GRP: 500 million 2009, Headline GRP: 510 million 2010, Headline GRP: 555 million 2011, Headline GRP: 593 million 2012, Headline GRP: 661 million 2013, Headline GRP: 691 million 2014, Headline GRP: 819 million 2015, Headline GRP: 885 million 2016, Headline GRP: 956 million 2017, Headline GRP: 945 million 2018, Headline GRP: 940 million 2019, Headline GRP: 922 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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