Hobsons Bay City

Gross product

Hobsons Bay City's Gross Regional Product was $6,072m in 2021/22.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
Current benchmark:
reset
loading animation
loading animation
loading animation
Gross Regional Product (GRP)
Hobsons Bay CityVictoria
Year (ending June 30)$GRP $m% change from previous yearCumulative change$GRP $m% change from previous yearCumulative changeHobsons Bay City as a % of Victoria
20226,072+2.32132+498,781.14+5.16+172.43+1.22
20215,934-4.77129+474,323.66-0.27+163.98+1.25
20206,232-1.35136+475,625.35+0.09+164.43+1.31
20196,317+0.31138+475,188.57+3.08+164.28+1.33
20186,298+0.83137+461,007.31+3.29+159.37+1.37
20176,245+1.82136+446,304.93+4.04+154.29+1.40
20166,134-0.31134+428,978.86+3.47+148.30+1.43
20156,153-2.93134+414,610.82+2.76+143.33+1.48
20146,339-0.49138+403,458.30+2.12+139.48+1.57
20136,371+2.24139+395,074.37+0.89+136.58+1.61
20126,231+0.22136+391,580.36+2.35+135.37+1.59
20116,218+3.59135+382,581.74+2.77+132.26+1.63
20106,003+1.54131+372,253.94+0.94+128.69+1.61
20095,912+2.27129+368,786.59+1.90+127.49+1.60
20085,780+4.39126+361,915.28+3.52+125.12+1.60
20075,537+2.17121+349,595.83+2.78+120.86+1.58
20065,419+0.88118+340,141.99+2.18+117.59+1.59
20055,372+4.37117+332,885.03+4.18+115.08+1.61
20045,147+4.18112+319,544.12+3.62+110.47+1.61
20034,941+4.80108+308,372.64+2.71+106.61+1.60
20024,714+2.67103+300,227.85+3.79+103.79+1.57
20014,591--100+289,262.82--+100.00+1.59

Hobsons Bay City

economic profile