City of Ipswich

Gross product

The City of Ipswich's Gross Regional Product was $12,183m in 2021/22.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
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Gross Regional Product (GRP)
City of IpswichQueensland
Year (ending June 30)$GRP $m% change from previous yearCumulative change$GRP $m% change from previous yearCumulative changeCity of Ipswich as a % of Queensland
202212,183+5.31259+386,556.92+4.99+201.58+3.15
202111,569+5.25246+368,197.01+2.93+192.01+3.14
202010,991+0.54233+357,723.23-0.95+186.54+3.07
201910,932+0.78232+361,170.05+0.99+188.34+3.03
201810,847+5.34230+357,638.73+3.94+186.50+3.03
201710,297+4.93219+344,071.74+2.70+179.43+2.99
20169,814+3.58208+335,034.97+2.41+174.71+2.93
20159,475+1.44201+327,139.91+0.81+170.60+2.90
20149,340+2.18198+324,522.10+1.89+169.23+2.88
20139,141+2.80194+318,503.17+2.81+166.09+2.87
20128,892+7.31189+309,799.20+5.80+161.55+2.87
20118,286+3.93176+292,826.32+0.79+152.70+2.83
20107,973+3.11169+290,542.28+2.06+151.51+2.74
20097,733+3.24164+284,668.98+1.32+148.45+2.72
20087,490+8.56159+280,970.19+4.70+146.52+2.67
20076,899+8.44146+268,355.26+6.72+139.94+2.57
20066,362+7.39135+251,462.92+5.08+131.13+2.53
20055,925+6.66126+239,298.37+5.34+124.79+2.48
20045,555+5.46118+227,172.74+6.58+118.47+2.45
20035,267+3.70112+213,147.52+4.55+111.15+2.47
20025,080+7.85108+203,867.78+6.31+106.31+2.49
20014,710--100+191,762.84--+100.00+2.46

City of Ipswich

economic profile