City of IpswichEconomic profile
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City of Ipswich

Gross product

The City of Ipswich's Gross Regional Product was $9,418m as of the 30th June 2018.

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 2018, City of Ipswich: $9,418 million 2017, City of Ipswich: $9,138 million 2016, City of Ipswich: $8,971 million 2015, City of Ipswich: $8,652 million 2014, City of Ipswich: $8,539 million 2013, City of Ipswich: $8,218 million 2012, City of Ipswich: $8,101 million 2011, City of Ipswich: $7,589 million 2010, City of Ipswich: $7,344 million 2009, City of Ipswich: $7,217 million 2008, City of Ipswich: $7,007 million 2007, City of Ipswich: $6,503 million 2006, City of Ipswich: $5,965 million 2005, City of Ipswich: $5,468 million 2004, City of Ipswich: $5,073 million 2003, City of Ipswich: $4,856 million 2002, City of Ipswich: $4,678 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2018, Queensland: 175.5% 2017, Queensland: 171.8% 2016, Queensland: 167.7% 2015, Queensland: 165.2% 2014, Queensland: 165.2% 2013, Queensland: 160.4% 2012, Queensland: 157.4% 2011, Queensland: 148.9% 2010, Queensland: 147.6% 2009, Queensland: 147.1% 2008, Queensland: 144.9% 2007, Queensland: 139.2% 2006, Queensland: 130.2% 2005, Queensland: 122.9% 2004, Queensland: 115.0% 2003, Queensland: 109.4% 2002, Queensland: 105.8% 2001, Queensland: 100.0% 2018, City of Ipswich: 213.1% 2017, City of Ipswich: 206.8% 2016, City of Ipswich: 203.0% 2015, City of Ipswich: 195.8% 2014, City of Ipswich: 193.2% 2013, City of Ipswich: 185.9% 2012, City of Ipswich: 183.3% 2011, City of Ipswich: 171.7% 2010, City of Ipswich: 166.2% 2009, City of Ipswich: 163.3% 2008, City of Ipswich: 158.5% 2007, City of Ipswich: 147.1% 2006, City of Ipswich: 135.0% 2005, City of Ipswich: 123.7% 2004, City of Ipswich: 114.8% 2003, City of Ipswich: 109.9% 2002, City of Ipswich: 105.8% 2001, City of Ipswich: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
City of IpswichQueensland
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Ipswich as a % of Queensland
20189,418+3.1213.1316,310+2.2175.52.98
20179,138+1.9206.8309,631+2.4171.82.95
20168,971+3.7203.0302,268+1.6167.72.97
20158,652+1.3195.8297,6430165.22.91
20148,539+3.9193.2297,630+3.0165.22.87
20138,218+1.4185.9289,072+1.9160.42.84
20128,101+6.7183.3283,635+5.7157.42.86
20117,589+3.3171.7268,248+0.9148.92.83
20107,344+1.8166.2265,929+0.3147.62.76
20097,217+3.0163.3265,024+1.5147.12.72
20087,007+7.8158.5261,188+4.1144.92.68
20076,503+9.0147.1250,828+6.9139.22.59
20065,965+9.1135.0234,682+6.0130.22.54
20055,468+7.8123.7221,437+6.9122.92.47
20045,073+4.5114.8207,203+5.1115.02.45
20034,856+3.8109.9197,170+3.4109.42.46
20024,678+5.8105.8190,621+5.8105.82.45
20014,420--100.0180,197--100.02.45

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2018, Average annual growth rate: 4.4% 2017, Average annual growth rate: 4.4% 2016, Average annual growth rate: 4.4% 2015, Average annual growth rate: 4.4% 2014, Average annual growth rate: 4.4% 2013, Average annual growth rate: 4.4% 2012, Average annual growth rate: 4.4% 2011, Average annual growth rate: 4.4% 2010, Average annual growth rate: 4.4% 2009, Average annual growth rate: 4.4% 2008, Average annual growth rate: 4.4% 2007, Average annual growth rate: 4.4% 2006, Average annual growth rate: 4.4% 2005, Average annual growth rate: 4.4% 2004, Average annual growth rate: 4.4% 2003, Average annual growth rate: 4.4% 2018, Queensland: 2.2% 2017, Queensland: 2.4% 2016, Queensland: 1.6% 2015, Queensland: 0.0% 2014, Queensland: 3.0% 2013, Queensland: 1.9% 2012, Queensland: 5.7% 2011, Queensland: 0.9% 2010, Queensland: 0.3% 2009, Queensland: 1.5% 2008, Queensland: 4.1% 2007, Queensland: 6.9% 2006, Queensland: 6.0% 2005, Queensland: 6.9% 2004, Queensland: 5.1% 2003, Queensland: 3.4% 2018, City of Ipswich: 3.1% 2017, City of Ipswich: 1.9% 2016, City of Ipswich: 3.7% 2015, City of Ipswich: 1.3% 2014, City of Ipswich: 3.9% 2013, City of Ipswich: 1.4% 2012, City of Ipswich: 6.7% 2011, City of Ipswich: 3.3% 2010, City of Ipswich: 1.8% 2009, City of Ipswich: 3.0% 2008, City of Ipswich: 7.8% 2007, City of Ipswich: 9.0% 2006, City of Ipswich: 9.1% 2005, City of Ipswich: 7.8% 2004, City of Ipswich: 4.5% 2003, City of Ipswich: 3.8%
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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