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Hume City

Gross product

Hume City's Gross Regional Product was $14,077m as of the 30th June 2019.

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 2002.

Gross Regional Product
Gross Regional Product 2019, Hume City: $14,077 million 2018, Hume City: $13,784 million 2017, Hume City: $13,482 million 2016, Hume City: $12,943 million 2015, Hume City: $12,589 million 2014, Hume City: $11,768 million 2013, Hume City: $11,255 million 2012, Hume City: $11,028 million 2011, Hume City: $10,832 million 2010, Hume City: $10,457 million 2009, Hume City: $10,189 million 2008, Hume City: $10,408 million 2007, Hume City: $9,914 million 2006, Hume City: $9,083 million 2005, Hume City: $8,583 million 2004, Hume City: $8,312 million 2003, Hume City: $7,863 million 2002, Hume City: $7,330 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2019, Victoria: 164.6% 2018, Victoria: 159.6% 2017, Victoria: 154.2% 2016, Victoria: 148.6% 2015, Victoria: 144.2% 2014, Victoria: 140.5% 2013, Victoria: 137.4% 2012, Victoria: 135.9% 2011, Victoria: 133.3% 2010, Victoria: 129.9% 2009, Victoria: 128.5% 2008, Victoria: 126.4% 2007, Victoria: 122.5% 2006, Victoria: 119.2% 2005, Victoria: 116.2% 2004, Victoria: 112.6% 2003, Victoria: 108.9% 2002, Victoria: 105.0% 2001, Victoria: 100.0% 2019, Hume City: 199.0% 2018, Hume City: 194.8% 2017, Hume City: 190.6% 2016, Hume City: 183.0% 2015, Hume City: 178.0% 2014, Hume City: 166.3% 2013, Hume City: 159.1% 2012, Hume City: 155.9% 2011, Hume City: 153.1% 2010, Hume City: 147.8% 2009, Hume City: 144.0% 2008, Hume City: 147.1% 2007, Hume City: 140.1% 2006, Hume City: 128.4% 2005, Hume City: 121.3% 2004, Hume City: 117.5% 2003, Hume City: 111.1% 2002, Hume City: 103.6% 2001, Hume City: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Hume CityVictoria
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeHume City as a % of Victoria
201914,077+2.1199.0441,816+3.2164.63.19
201813,784+2.2194.8428,234+3.5159.63.22
201713,482+4.2190.6413,850+3.8154.23.26
201612,943+2.8183.0398,730+3.1148.63.25
201512,589+7.0178.0386,919+2.6144.23.25
201411,768+4.6166.3377,084+2.3140.53.12
201311,255+2.1159.1368,706+1.1137.43.05
201211,028+1.8155.9364,584+1.9135.93.02
201110,832+3.6153.1357,659+2.6133.33.03
201010,457+2.6147.8348,539+1.0129.93.00
200910,189-2.1144.0344,958+1.7128.52.95
200810,408+5.0147.1339,224+3.2126.43.07
20079,914+9.2140.1328,636+2.7122.53.02
20069,083+5.8128.4319,863+2.5119.22.84
20058,583+3.3121.3311,962+3.2116.22.75
20048,312+5.7117.5302,250+3.4112.62.75
20037,863+7.3111.1292,239+3.7108.92.69
20027,330+3.6103.6281,753+5.0105.02.60
20017,074--100.0268,373--100.02.64

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2019, Average annual growth rate: 3.7% 2018, Average annual growth rate: 3.7% 2017, Average annual growth rate: 3.7% 2016, Average annual growth rate: 3.7% 2015, Average annual growth rate: 3.7% 2014, Average annual growth rate: 3.7% 2013, Average annual growth rate: 3.7% 2012, Average annual growth rate: 3.7% 2011, Average annual growth rate: 3.7% 2010, Average annual growth rate: 3.7% 2009, Average annual growth rate: 3.7% 2008, Average annual growth rate: 3.7% 2007, Average annual growth rate: 3.7% 2006, Average annual growth rate: 3.7% 2005, Average annual growth rate: 3.7% 2004, Average annual growth rate: 3.7% 2003, Average annual growth rate: 3.7% 2019, Victoria: 3.2% 2018, Victoria: 3.5% 2017, Victoria: 3.8% 2016, Victoria: 3.1% 2015, Victoria: 2.6% 2014, Victoria: 2.3% 2013, Victoria: 1.1% 2012, Victoria: 1.9% 2011, Victoria: 2.6% 2010, Victoria: 1.0% 2009, Victoria: 1.7% 2008, Victoria: 3.2% 2007, Victoria: 2.7% 2006, Victoria: 2.5% 2005, Victoria: 3.2% 2004, Victoria: 3.4% 2003, Victoria: 3.7% 2019, Hume City: 2.1% 2018, Hume City: 2.2% 2017, Hume City: 4.2% 2016, Hume City: 2.8% 2015, Hume City: 7.0% 2014, Hume City: 4.6% 2013, Hume City: 2.1% 2012, Hume City: 1.8% 2011, Hume City: 3.6% 2010, Hume City: 2.6% 2009, Hume City: -2.1% 2008, Hume City: 5.0% 2007, Hume City: 9.2% 2006, Hume City: 5.8% 2005, Hume City: 3.3% 2004, Hume City: 5.7% 2003, Hume City: 7.3%
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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