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City of Launceston

Gross product

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The City of Launceston's Gross Regional Product was $4,369m 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 Launceston: $4,369 million 2017, City of Launceston: $4,453 million 2016, City of Launceston: $4,371 million 2015, City of Launceston: $4,326 million 2014, City of Launceston: $4,307 million 2013, City of Launceston: $4,271 million 2012, City of Launceston: $4,277 million 2011, City of Launceston: $4,291 million 2010, City of Launceston: $4,191 million 2009, City of Launceston: $4,159 million 2008, City of Launceston: $4,064 million 2007, City of Launceston: $3,958 million 2006, City of Launceston: $3,863 million 2005, City of Launceston: $3,684 million 2004, City of Launceston: $3,659 million 2003, City of Launceston: $3,418 million 2002, City of Launceston: $3,379 million
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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, Tasmania: 141.6% 2017, Tasmania: 141.5% 2016, Tasmania: 137.8% 2015, Tasmania: 137.6% 2014, Tasmania: 134.8% 2013, Tasmania: 132.6% 2012, Tasmania: 132.5% 2011, Tasmania: 132.2% 2010, Tasmania: 130.5% 2009, Tasmania: 129.6% 2008, Tasmania: 127.6% 2007, Tasmania: 124.1% 2006, Tasmania: 120.4% 2005, Tasmania: 115.4% 2004, Tasmania: 112.8% 2003, Tasmania: 105.5% 2002, Tasmania: 105.7% 2001, Tasmania: 100.0% 2018, City of Launceston: 138.2% 2017, City of Launceston: 140.9% 2016, City of Launceston: 138.2% 2015, City of Launceston: 136.8% 2014, City of Launceston: 136.2% 2013, City of Launceston: 135.1% 2012, City of Launceston: 135.3% 2011, City of Launceston: 135.7% 2010, City of Launceston: 132.6% 2009, City of Launceston: 131.5% 2008, City of Launceston: 128.5% 2007, City of Launceston: 125.2% 2006, City of Launceston: 122.2% 2005, City of Launceston: 116.5% 2004, City of Launceston: 115.7% 2003, City of Launceston: 108.1% 2002, City of Launceston: 106.9% 2001, City of Launceston: 100.0%
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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 LauncestonTasmania
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Launceston as a % of Tasmania
20184,369-1.9â–Ľ138.229,0200141.615.05
20174,453+1.9â–˛140.929,009+2.7141.515.35
20164,371+1.0â–˛138.228,252+0.1137.815.47
20154,326+0.4â–˛136.828,215+2.1137.615.33
20144,307+0.8â–˛136.227,645+1.7134.815.58
20134,271-0.1•••135.127,184+0.1132.615.71
20124,277-0.3â–Ľ135.327,165+0.2132.515.74
20114,291+2.4â–˛135.727,102+1.3132.215.83
20104,191+0.8â–˛132.626,746+0.7130.515.67
20094,159+2.3â–˛131.526,561+1.6129.615.66
20084,064+2.7â–˛128.526,154+2.8127.615.54
20073,958+2.5â–˛125.225,445+3.1124.115.56
20063,863+4.8â–˛122.224,688+4.4120.415.65
20053,684+0.7â–˛116.523,649+2.3115.415.58
20043,659+7.1â–˛115.723,119+6.8112.815.83
20033,418+1.1â–˛108.121,638-0.2105.515.79
20023,379+6.9â–˛106.921,676+5.7105.715.59
20013,162--100.020,500--100.015.42

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: 2.2% 2017, Average annual growth rate: 2.2% 2016, Average annual growth rate: 2.2% 2015, Average annual growth rate: 2.2% 2014, Average annual growth rate: 2.2% 2013, Average annual growth rate: 2.2% 2012, Average annual growth rate: 2.2% 2011, Average annual growth rate: 2.2% 2010, Average annual growth rate: 2.2% 2009, Average annual growth rate: 2.2% 2008, Average annual growth rate: 2.2% 2007, Average annual growth rate: 2.2% 2006, Average annual growth rate: 2.2% 2005, Average annual growth rate: 2.2% 2004, Average annual growth rate: 2.2% 2003, Average annual growth rate: 2.2% 2018, Tasmania: 0.0% 2017, Tasmania: 2.7% 2016, Tasmania: 0.1% 2015, Tasmania: 2.1% 2014, Tasmania: 1.7% 2013, Tasmania: 0.1% 2012, Tasmania: 0.2% 2011, Tasmania: 1.3% 2010, Tasmania: 0.7% 2009, Tasmania: 1.6% 2008, Tasmania: 2.8% 2007, Tasmania: 3.1% 2006, Tasmania: 4.4% 2005, Tasmania: 2.3% 2004, Tasmania: 6.8% 2003, Tasmania: -0.2% 2018, City of Launceston: -1.9% 2017, City of Launceston: 1.9% 2016, City of Launceston: 1.0% 2015, City of Launceston: 0.4% 2014, City of Launceston: 0.8% 2013, City of Launceston: -0.1% 2012, City of Launceston: -0.3% 2011, City of Launceston: 2.4% 2010, City of Launceston: 0.8% 2009, City of Launceston: 2.3% 2008, City of Launceston: 2.7% 2007, City of Launceston: 2.5% 2006, City of Launceston: 4.8% 2005, City of Launceston: 0.7% 2004, City of Launceston: 7.1% 2003, City of Launceston: 1.1%
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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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