City of JoondalupEconomic profile
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City of Joondalup

Gross Regional Product

City of Joondalup’s Gross Regional Product was $6.27 billion in the year ending June 2017, growing 1.3% since the previous year.

Headline Gross Regional Product (GRP) is a measure of size or net wealth generated by the local economy. Changes in this figure over time can represent changes in employment, productivity or the types of industries in the area.

Local Industry GRP shows the value of the local economy, generated by the local workers within the area regardless of where they live, after taxes and dividends leave the area. It is best thought of as GRP produced by local industries.

Local Residents GRP refers to the economic output of the residents of the area regardless of where they work. It is best thought of as the income received by people in the City. If the Residents GRP is high relative to the Local Industry GRP, this indicates that residents are contributing their economic productivity to other areas (most likely commuting out).

To understand the relative size of these measures and reasons behind the differences, GRP data should be viewed in conjunction with Jobs to workers ratio and Employment self-containment datasets. To understand the main contributors to GRP, this dataset should be viewed in conjunction with industry Value added.

National Economics (NIEIR) - Modelled series

City of Joondalup - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20176,272+1.35,4639,2260.59
20166,190+0.45,4869,5080.58
20156,165+1.05,77710,3790.56
20146,105+3.85,72210,7180.53
20135,881+2.15,59210,8300.52
20125,761+5.25,45010,7210.51
20115,476+7.95,41310,4580.52
20105,077+3.94,8339,4080.51
20094,885+1.34,7539,2230.52
20084,822+7.64,5819,0860.50
20074,480+5.54,0608,1470.50
20064,245+2.33,6747,3900.50
20054,151+2.43,5907,2830.49
20044,053+3.93,3757,0120.48
20033,901+6.53,1656,6470.48
20023,664+4.03,0506,5480.47
20013,524--2,9136,0450.48

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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

City of Joondalup - Gross Regional Product
City of Joondalup - Gross Regional Product 2001, Resident GRP: 6,045 million 2002, Resident GRP: 6,548 million 2003, Resident GRP: 6,647 million 2004, Resident GRP: 7,012 million 2005, Resident GRP: 7,283 million 2006, Resident GRP: 7,390 million 2007, Resident GRP: 8,147 million 2008, Resident GRP: 9,086 million 2009, Resident GRP: 9,223 million 2010, Resident GRP: 9,408 million 2011, Resident GRP: 10,458 million 2012, Resident GRP: 10,721 million 2013, Resident GRP: 10,830 million 2014, Resident GRP: 10,718 million 2015, Resident GRP: 10,379 million 2016, Resident GRP: 9,508 million 2017, Resident GRP: 9,226 million 2001, Industry GRP: 2,913 million 2002, Industry GRP: 3,050 million 2003, Industry GRP: 3,165 million 2004, Industry GRP: 3,375 million 2005, Industry GRP: 3,590 million 2006, Industry GRP: 3,674 million 2007, Industry GRP: 4,060 million 2008, Industry GRP: 4,581 million 2009, Industry GRP: 4,753 million 2010, Industry GRP: 4,833 million 2011, Industry GRP: 5,413 million 2012, Industry GRP: 5,450 million 2013, Industry GRP: 5,592 million 2014, Industry GRP: 5,722 million 2015, Industry GRP: 5,777 million 2016, Industry GRP: 5,486 million 2017, Industry GRP: 5,463 million 2001, Headline GRP: 3,524 million 2002, Headline GRP: 3,664 million 2003, Headline GRP: 3,901 million 2004, Headline GRP: 4,053 million 2005, Headline GRP: 4,151 million 2006, Headline GRP: 4,245 million 2007, Headline GRP: 4,480 million 2008, Headline GRP: 4,822 million 2009, Headline GRP: 4,885 million 2010, Headline GRP: 5,077 million 2011, Headline GRP: 5,476 million 2012, Headline GRP: 5,761 million 2013, Headline GRP: 5,881 million 2014, Headline GRP: 6,105 million 2015, Headline GRP: 6,165 million 2016, Headline GRP: 6,190 million 2017, Headline GRP: 6,272 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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