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Lithgow City Council

Gross Regional Product

Lithgow City Council ’s Gross Regional Product was $1.27 billion in the year ending June 2018, declining -3.8% 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
20181,267-3.89098981.01
20171,317+2.69149021.01
20161,283-0.59028851.02
20151,289-2.29068821.03
20141,318+0.98748481.03
20131,306+2.98658251.05
20121,270-0.88808351.05
20111,280-0.48468241.03
20101,286+3.48067901.02
20091,243+2.67817870.99
20081,212+1.57697890.97
20071,194-0.97247560.96
20061,205-0.16997310.96
20051,206-3.06756980.97
20041,243+0.26176340.97
20031,241+5.45865950.98
20021,177+1.95775880.98
20011,155--5735870.98

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

Lithgow City Council - Gross Regional Product
Lithgow City Council  - Gross Regional Product 2001, Resident GRP: 587 million 2002, Resident GRP: 588 million 2003, Resident GRP: 595 million 2004, Resident GRP: 634 million 2005, Resident GRP: 698 million 2006, Resident GRP: 731 million 2007, Resident GRP: 756 million 2008, Resident GRP: 789 million 2009, Resident GRP: 787 million 2010, Resident GRP: 790 million 2011, Resident GRP: 824 million 2012, Resident GRP: 835 million 2013, Resident GRP: 825 million 2014, Resident GRP: 848 million 2015, Resident GRP: 882 million 2016, Resident GRP: 885 million 2017, Resident GRP: 902 million 2018, Resident GRP: 898 million 2001, Industry GRP: 573 million 2002, Industry GRP: 577 million 2003, Industry GRP: 586 million 2004, Industry GRP: 617 million 2005, Industry GRP: 675 million 2006, Industry GRP: 699 million 2007, Industry GRP: 724 million 2008, Industry GRP: 769 million 2009, Industry GRP: 781 million 2010, Industry GRP: 806 million 2011, Industry GRP: 846 million 2012, Industry GRP: 880 million 2013, Industry GRP: 865 million 2014, Industry GRP: 874 million 2015, Industry GRP: 906 million 2016, Industry GRP: 902 million 2017, Industry GRP: 914 million 2018, Industry GRP: 909 million 2001, Headline GRP: 1,155 million 2002, Headline GRP: 1,177 million 2003, Headline GRP: 1,241 million 2004, Headline GRP: 1,243 million 2005, Headline GRP: 1,206 million 2006, Headline GRP: 1,205 million 2007, Headline GRP: 1,194 million 2008, Headline GRP: 1,212 million 2009, Headline GRP: 1,243 million 2010, Headline GRP: 1,286 million 2011, Headline GRP: 1,280 million 2012, Headline GRP: 1,270 million 2013, Headline GRP: 1,306 million 2014, Headline GRP: 1,318 million 2015, Headline GRP: 1,289 million 2016, Headline GRP: 1,283 million 2017, Headline GRP: 1,317 million 2018, Headline GRP: 1,267 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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