City of JoondalupEconomic profile
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City of Joondalup

Gross Regional Product

City of Joondalup’s Gross Regional Product was $6.47 billion in the year ending June 2018, growing 3.3% 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
20186,468+3.35,2898,7290.61
20176,258+0.75,3248,8640.60
20166,215+1.75,4579,4640.58
20156,108+1.05,76110,4910.55
20146,049+4.35,73210,9380.52
20135,797+3.25,57411,1020.50
20125,615+6.65,39810,9840.49
20115,266+7.05,32110,5280.51
20104,922+2.94,7739,5060.50
20094,781+1.74,7209,4390.50
20084,699+7.04,5519,1510.50
20074,390+4.84,0538,2710.49
20064,191+2.33,6767,5420.49
20054,098+2.53,5787,3190.49
20043,999+2.63,3817,0730.48
20033,899+6.73,1886,7120.48
20023,653+2.83,0816,5130.47
20013,552--2,9675,9960.49

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

City of Joondalup - Gross Regional Product
City of Joondalup - Gross Regional Product 2001, Resident GRP: 5,996 million 2002, Resident GRP: 6,513 million 2003, Resident GRP: 6,712 million 2004, Resident GRP: 7,073 million 2005, Resident GRP: 7,319 million 2006, Resident GRP: 7,542 million 2007, Resident GRP: 8,271 million 2008, Resident GRP: 9,151 million 2009, Resident GRP: 9,439 million 2010, Resident GRP: 9,506 million 2011, Resident GRP: 10,528 million 2012, Resident GRP: 10,984 million 2013, Resident GRP: 11,102 million 2014, Resident GRP: 10,938 million 2015, Resident GRP: 10,491 million 2016, Resident GRP: 9,464 million 2017, Resident GRP: 8,864 million 2018, Resident GRP: 8,729 million 2001, Industry GRP: 2,967 million 2002, Industry GRP: 3,081 million 2003, Industry GRP: 3,188 million 2004, Industry GRP: 3,381 million 2005, Industry GRP: 3,578 million 2006, Industry GRP: 3,676 million 2007, Industry GRP: 4,053 million 2008, Industry GRP: 4,551 million 2009, Industry GRP: 4,720 million 2010, Industry GRP: 4,773 million 2011, Industry GRP: 5,321 million 2012, Industry GRP: 5,398 million 2013, Industry GRP: 5,574 million 2014, Industry GRP: 5,732 million 2015, Industry GRP: 5,761 million 2016, Industry GRP: 5,457 million 2017, Industry GRP: 5,324 million 2018, Industry GRP: 5,289 million 2001, Headline GRP: 3,552 million 2002, Headline GRP: 3,653 million 2003, Headline GRP: 3,899 million 2004, Headline GRP: 3,999 million 2005, Headline GRP: 4,098 million 2006, Headline GRP: 4,191 million 2007, Headline GRP: 4,390 million 2008, Headline GRP: 4,699 million 2009, Headline GRP: 4,781 million 2010, Headline GRP: 4,922 million 2011, Headline GRP: 5,266 million 2012, Headline GRP: 5,615 million 2013, Headline GRP: 5,797 million 2014, Headline GRP: 6,049 million 2015, Headline GRP: 6,108 million 2016, Headline GRP: 6,215 million 2017, Headline GRP: 6,258 million 2018, Headline GRP: 6,468 million
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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