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Inner West Council area

Gross product

The Inner West Council area's Gross Regional Product was $10,890m 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, Inner West Council area: $10,890 million 2018, Inner West Council area: $10,914 million 2017, Inner West Council area: $10,910 million 2016, Inner West Council area: $10,703 million 2015, Inner West Council area: $10,208 million 2014, Inner West Council area: $9,963 million 2013, Inner West Council area: $9,714 million 2012, Inner West Council area: $9,361 million 2011, Inner West Council area: $9,267 million 2010, Inner West Council area: $9,194 million 2009, Inner West Council area: $8,980 million 2008, Inner West Council area: $8,767 million 2007, Inner West Council area: $8,559 million 2006, Inner West Council area: $8,436 million 2005, Inner West Council area: $8,516 million 2004, Inner West Council area: $8,443 million 2003, Inner West Council area: $8,185 million 2002, Inner West Council area: $7,836 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, New South Wales: 149.5% 2018, New South Wales: 146.6% 2017, New South Wales: 143.3% 2016, New South Wales: 140.4% 2015, New South Wales: 135.0% 2014, New South Wales: 131.8% 2013, New South Wales: 129.3% 2012, New South Wales: 124.8% 2011, New South Wales: 122.6% 2010, New South Wales: 119.1% 2009, New South Wales: 116.9% 2008, New South Wales: 115.4% 2007, New South Wales: 112.5% 2006, New South Wales: 110.7% 2005, New South Wales: 109.9% 2004, New South Wales: 108.5% 2003, New South Wales: 104.4% 2002, New South Wales: 101.8% 2001, New South Wales: 100.0% 2019, Inner West Council area: 141.3% 2018, Inner West Council area: 141.6% 2017, Inner West Council area: 141.6% 2016, Inner West Council area: 138.9% 2015, Inner West Council area: 132.5% 2014, Inner West Council area: 129.3% 2013, Inner West Council area: 126.0% 2012, Inner West Council area: 121.5% 2011, Inner West Council area: 120.3% 2010, Inner West Council area: 119.3% 2009, Inner West Council area: 116.5% 2008, Inner West Council area: 113.8% 2007, Inner West Council area: 111.1% 2006, Inner West Council area: 109.5% 2005, Inner West Council area: 110.5% 2004, Inner West Council area: 109.6% 2003, Inner West Council area: 106.2% 2002, Inner West Council area: 101.7% 2001, Inner West Council area: 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)
Inner West Council areaNew South Wales
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeInner West Council area as a % of New South Wales
201910,890-0.2•••141.3591,502+2.0149.51.84
201810,9140•••141.6579,859+2.3146.61.88
201710,910+1.9141.6566,916+2.1143.31.92
201610,703+4.8138.9555,486+4.0140.41.93
201510,208+2.5132.5534,126+2.5135.01.91
20149,963+2.6129.3521,183+1.9131.81.91
20139,714+3.8126.0511,423+3.6129.31.90
20129,361+1.0121.5493,740+1.8124.81.90
20119,267+0.8120.3484,792+2.9122.61.91
20109,194+2.4119.3471,284+1.9119.11.95
20098,980+2.4116.5462,360+1.3116.91.94
20088,767+2.4113.8456,583+2.6115.41.92
20078,559+1.5111.1445,116+1.6112.51.92
20068,436-0.9109.5438,025+0.8110.71.93
20058,516+0.9110.5434,639+1.3109.91.96
20048,443+3.2109.6429,241+4.0108.51.97
20038,185+4.5106.2412,842+2.5104.41.98
20027,836+1.7101.7402,864+1.8101.81.95
20017,706--100.0395,573--100.01.95

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: 1.8% 2018, Average annual growth rate: 1.8% 2017, Average annual growth rate: 1.8% 2016, Average annual growth rate: 1.8% 2015, Average annual growth rate: 1.8% 2014, Average annual growth rate: 1.8% 2013, Average annual growth rate: 1.8% 2012, Average annual growth rate: 1.8% 2011, Average annual growth rate: 1.8% 2010, Average annual growth rate: 1.8% 2009, Average annual growth rate: 1.8% 2008, Average annual growth rate: 1.8% 2007, Average annual growth rate: 1.8% 2006, Average annual growth rate: 1.8% 2005, Average annual growth rate: 1.8% 2004, Average annual growth rate: 1.8% 2003, Average annual growth rate: 1.8% 2019, New South Wales: 2.0% 2018, New South Wales: 2.3% 2017, New South Wales: 2.1% 2016, New South Wales: 4.0% 2015, New South Wales: 2.5% 2014, New South Wales: 1.9% 2013, New South Wales: 3.6% 2012, New South Wales: 1.8% 2011, New South Wales: 2.9% 2010, New South Wales: 1.9% 2009, New South Wales: 1.3% 2008, New South Wales: 2.6% 2007, New South Wales: 1.6% 2006, New South Wales: 0.8% 2005, New South Wales: 1.3% 2004, New South Wales: 4.0% 2003, New South Wales: 2.5% 2019, Inner West Council area: -0.2% 2018, Inner West Council area: 0.0% 2017, Inner West Council area: 1.9% 2016, Inner West Council area: 4.8% 2015, Inner West Council area: 2.5% 2014, Inner West Council area: 2.6% 2013, Inner West Council area: 3.8% 2012, Inner West Council area: 1.0% 2011, Inner West Council area: 0.8% 2010, Inner West Council area: 2.4% 2009, Inner West Council area: 2.4% 2008, Inner West Council area: 2.4% 2007, Inner West Council area: 1.5% 2006, Inner West Council area: -0.9% 2005, Inner West Council area: 0.9% 2004, Inner West Council area: 3.2% 2003, Inner West Council area: 4.5%
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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