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Lithgow City Council

Gross Regional Product

Lithgow City Council ’s Gross Regional Product was $1.60 billion in the year ending June 2019, declining -8.1% 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

Lithgow City Council - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20191,599-8.19248851.04
20181,740-0.99118711.05
20171,756+11.19449191.03
20161,581-3.79469311.02
20151,642-6.09389221.02
20141,746+2.89318981.04
20131,698+7.29218731.05
20121,583+1.98988581.05
20111,553+3.68668441.03
20101,500+3.78218101.01
20091,446-1.47937951.00
20081,467+0.37827980.98
20071,462+2.07377690.96
20061,434+0.96907220.96
20051,421+2.36626860.96
20041,388-2.16216410.97
20031,419-6.96006160.98
20021,525+1.36036150.98
20011,505--5865990.98

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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

Lithgow City Council - Gross Regional Product
Lithgow City Council  - Gross Regional Product 2001, Resident GRP: 599 million 2002, Resident GRP: 615 million 2003, Resident GRP: 616 million 2004, Resident GRP: 641 million 2005, Resident GRP: 686 million 2006, Resident GRP: 722 million 2007, Resident GRP: 769 million 2008, Resident GRP: 798 million 2009, Resident GRP: 795 million 2010, Resident GRP: 810 million 2011, Resident GRP: 844 million 2012, Resident GRP: 858 million 2013, Resident GRP: 873 million 2014, Resident GRP: 898 million 2015, Resident GRP: 922 million 2016, Resident GRP: 931 million 2017, Resident GRP: 919 million 2018, Resident GRP: 871 million 2019, Resident GRP: 885 million 2001, Industry GRP: 586 million 2002, Industry GRP: 603 million 2003, Industry GRP: 600 million 2004, Industry GRP: 621 million 2005, Industry GRP: 662 million 2006, Industry GRP: 690 million 2007, Industry GRP: 737 million 2008, Industry GRP: 782 million 2009, Industry GRP: 793 million 2010, Industry GRP: 821 million 2011, Industry GRP: 866 million 2012, Industry GRP: 898 million 2013, Industry GRP: 921 million 2014, Industry GRP: 931 million 2015, Industry GRP: 938 million 2016, Industry GRP: 946 million 2017, Industry GRP: 944 million 2018, Industry GRP: 911 million 2019, Industry GRP: 924 million 2001, Headline GRP: 1,505 million 2002, Headline GRP: 1,525 million 2003, Headline GRP: 1,419 million 2004, Headline GRP: 1,388 million 2005, Headline GRP: 1,421 million 2006, Headline GRP: 1,434 million 2007, Headline GRP: 1,462 million 2008, Headline GRP: 1,467 million 2009, Headline GRP: 1,446 million 2010, Headline GRP: 1,500 million 2011, Headline GRP: 1,553 million 2012, Headline GRP: 1,583 million 2013, Headline GRP: 1,698 million 2014, Headline GRP: 1,746 million 2015, Headline GRP: 1,642 million 2016, Headline GRP: 1,581 million 2017, Headline GRP: 1,756 million 2018, Headline GRP: 1,740 million 2019, Headline GRP: 1,599 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

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