Hilltops Council areaEconomic profile
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Hilltops Council area

Gross Regional Product

Hilltops Council area’s Gross Regional Product was $0.92 billion in the year ending June 2018, declining -5.0% 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 Council. 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

Hilltops Council area - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
2018924-5.07518100.93
2017972+6.57688140.94
2016913+1.07708170.94
2015904+0.87047500.94
2014897-3.56687110.94
2013929+1.06897340.94
2012921+1.26937340.95
2011909+0.36737100.95
2010906+0.76476830.95
2009900+4.36396720.95
2008863-1.96486800.95
2007879-7.16366610.96
2006946-5.46686890.97
20051,001-1.06887060.97
20041,010+4.76716930.97
2003965-4.46486680.97
20021,010+2.06987120.98
2001989--6877030.98

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

Hilltops Council area - Gross Regional Product
Hilltops Council area - Gross Regional Product 2001, Resident GRP: 703 million 2002, Resident GRP: 712 million 2003, Resident GRP: 668 million 2004, Resident GRP: 693 million 2005, Resident GRP: 706 million 2006, Resident GRP: 689 million 2007, Resident GRP: 661 million 2008, Resident GRP: 680 million 2009, Resident GRP: 672 million 2010, Resident GRP: 683 million 2011, Resident GRP: 710 million 2012, Resident GRP: 734 million 2013, Resident GRP: 734 million 2014, Resident GRP: 711 million 2015, Resident GRP: 750 million 2016, Resident GRP: 817 million 2017, Resident GRP: 814 million 2018, Resident GRP: 810 million 2001, Industry GRP: 687 million 2002, Industry GRP: 698 million 2003, Industry GRP: 648 million 2004, Industry GRP: 671 million 2005, Industry GRP: 688 million 2006, Industry GRP: 668 million 2007, Industry GRP: 636 million 2008, Industry GRP: 648 million 2009, Industry GRP: 639 million 2010, Industry GRP: 647 million 2011, Industry GRP: 673 million 2012, Industry GRP: 693 million 2013, Industry GRP: 689 million 2014, Industry GRP: 668 million 2015, Industry GRP: 704 million 2016, Industry GRP: 770 million 2017, Industry GRP: 768 million 2018, Industry GRP: 751 million 2001, Headline GRP: 989 million 2002, Headline GRP: 1,010 million 2003, Headline GRP: 965 million 2004, Headline GRP: 1,010 million 2005, Headline GRP: 1,001 million 2006, Headline GRP: 946 million 2007, Headline GRP: 879 million 2008, Headline GRP: 863 million 2009, Headline GRP: 900 million 2010, Headline GRP: 906 million 2011, Headline GRP: 909 million 2012, Headline GRP: 921 million 2013, Headline GRP: 929 million 2014, Headline GRP: 897 million 2015, Headline GRP: 904 million 2016, Headline GRP: 913 million 2017, Headline GRP: 972 million 2018, Headline GRP: 924 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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