City of Kingston

Gross product

The City of Kingston's Gross Regional Product was $13,063m in 2022/23.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
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Gross Regional Product (GRP)
City of KingstonVictoria
Year (ending June 30)$GRP $m% change from previous yearCumulative change$GRP $m% change from previous yearCumulative changeCity of Kingston as a % of Victoria
202313,063+1.08133+535,869.97+2.72+178.69+2.44
202212,923+5.65131+521,704.24+6.31+173.96+2.48
202112,232-1.68124+490,724.47-0.24+163.63+2.49
202012,441-1.04127+491,903.40-0.33+164.03+2.53
201912,571+2.13128+493,508.48+3.08+164.56+2.55
201812,309+1.23125+478,769.43+3.40+159.65+2.57
201712,159+2.86124+463,035.16+4.02+154.40+2.63
201611,821+2.76120+445,155.49+3.54+148.44+2.66
201511,504+1.64117+429,916.86+2.86+143.36+2.68
201411,318+0.66115+417,970.84+2.16+139.37+2.71
201311,244-0.37114+409,146.54+0.92+136.43+2.75
201211,286+1.58115+405,428.64+2.33+135.19+2.78
201111,110+0.13113+396,198.02+2.81+132.11+2.80
201011,096-0.25113+385,367.47+0.96+128.50+2.88
200911,125-0.88113+381,687.73+1.93+127.27+2.91
200811,224+2.64114+374,476.57+3.54+124.87+3.00
200710,935-0.46111+361,681.04+2.69+120.60+3.02
200610,985+0.93112+352,201.91+2.17+117.44+3.12
200510,884+3.02111+344,721.22+4.17+114.95+3.16
200410,565+2.45107+330,921.63+3.59+110.35+3.19
200310,312+3.67105+319,450.77+2.70+106.52+3.23
20029,947+1.15101+311,060.27+3.72+103.72+3.20
20019,834--100+299,894.37--+100.00+3.28

City of Kingston

economic profile