Hilltops Council areaEconomic profile
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Hilltops Council area

Gross Regional Product

Hilltops Council area’s Gross Regional Product was $1.02 billion in the year ending June 2017, growing 4.7% 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
20171,023+4.77938410.94
2016977-0.97988440.95
2015986+1.07578030.94
2014977-0.67217640.94
2013982+0.77237640.95
2012976-0.87277630.95
2011984+1.07267590.96
2010974+2.27027350.95
2009953+5.36907230.95
2008905-1.36987290.96
2007917-6.06827090.96
2006975-2.77067300.97
20051,002+1.17107330.97
2004991+4.96726950.97
2003944-6.96496700.97
20021,015-0.87287430.98
20011,022--7317430.98

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

Hilltops Council area - Gross Regional Product
Hilltops Council area - Gross Regional Product 2001, Resident GRP: 743 million 2002, Resident GRP: 743 million 2003, Resident GRP: 670 million 2004, Resident GRP: 695 million 2005, Resident GRP: 733 million 2006, Resident GRP: 730 million 2007, Resident GRP: 709 million 2008, Resident GRP: 729 million 2009, Resident GRP: 723 million 2010, Resident GRP: 735 million 2011, Resident GRP: 759 million 2012, Resident GRP: 763 million 2013, Resident GRP: 764 million 2014, Resident GRP: 764 million 2015, Resident GRP: 803 million 2016, Resident GRP: 844 million 2017, Resident GRP: 841 million 2001, Industry GRP: 731 million 2002, Industry GRP: 728 million 2003, Industry GRP: 649 million 2004, Industry GRP: 672 million 2005, Industry GRP: 710 million 2006, Industry GRP: 706 million 2007, Industry GRP: 682 million 2008, Industry GRP: 698 million 2009, Industry GRP: 690 million 2010, Industry GRP: 702 million 2011, Industry GRP: 726 million 2012, Industry GRP: 727 million 2013, Industry GRP: 723 million 2014, Industry GRP: 721 million 2015, Industry GRP: 757 million 2016, Industry GRP: 798 million 2017, Industry GRP: 793 million 2001, Headline GRP: 1,022 million 2002, Headline GRP: 1,015 million 2003, Headline GRP: 944 million 2004, Headline GRP: 991 million 2005, Headline GRP: 1,002 million 2006, Headline GRP: 975 million 2007, Headline GRP: 917 million 2008, Headline GRP: 905 million 2009, Headline GRP: 953 million 2010, Headline GRP: 974 million 2011, Headline GRP: 984 million 2012, Headline GRP: 976 million 2013, Headline GRP: 982 million 2014, Headline GRP: 977 million 2015, Headline GRP: 986 million 2016, Headline GRP: 977 million 2017, Headline GRP: 1,023 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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