City of MorelandEconomic profile
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City of Moreland

Gross Regional Product

City of Moreland’s Gross Regional Product was $5.82 billion in the year ending June 2017, growing 4.1% 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

City of Moreland - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20175,820+4.14,8348,3210.58
20165,591+4.54,7648,2030.58
20155,348+2.74,7628,2140.58
20145,206+2.94,7128,0850.58
20135,061+1.24,5927,7990.59
20125,000+0.24,5897,6400.60
20114,991+2.54,5297,4020.61
20104,871+1.44,2376,8370.62
20094,804+1.84,1986,6600.63
20084,718+3.24,1096,4760.63
20074,572+2.83,8295,9490.64
20064,447+0.83,7365,5980.67
20054,413+0.63,6385,3730.68
20044,387+4.03,4845,1100.68
20034,218+2.73,3404,8630.69
20024,107+4.23,2694,7000.70
20013,943--3,1564,4430.71

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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 Moreland - Gross Regional Product
City of Moreland - Gross Regional Product 2001, Resident GRP: 4,443 million 2002, Resident GRP: 4,700 million 2003, Resident GRP: 4,863 million 2004, Resident GRP: 5,110 million 2005, Resident GRP: 5,373 million 2006, Resident GRP: 5,598 million 2007, Resident GRP: 5,949 million 2008, Resident GRP: 6,476 million 2009, Resident GRP: 6,660 million 2010, Resident GRP: 6,837 million 2011, Resident GRP: 7,402 million 2012, Resident GRP: 7,640 million 2013, Resident GRP: 7,799 million 2014, Resident GRP: 8,085 million 2015, Resident GRP: 8,214 million 2016, Resident GRP: 8,203 million 2017, Resident GRP: 8,321 million 2001, Industry GRP: 3,156 million 2002, Industry GRP: 3,269 million 2003, Industry GRP: 3,340 million 2004, Industry GRP: 3,484 million 2005, Industry GRP: 3,638 million 2006, Industry GRP: 3,736 million 2007, Industry GRP: 3,829 million 2008, Industry GRP: 4,109 million 2009, Industry GRP: 4,198 million 2010, Industry GRP: 4,237 million 2011, Industry GRP: 4,529 million 2012, Industry GRP: 4,589 million 2013, Industry GRP: 4,592 million 2014, Industry GRP: 4,712 million 2015, Industry GRP: 4,762 million 2016, Industry GRP: 4,764 million 2017, Industry GRP: 4,834 million 2001, Headline GRP: 3,943 million 2002, Headline GRP: 4,107 million 2003, Headline GRP: 4,218 million 2004, Headline GRP: 4,387 million 2005, Headline GRP: 4,413 million 2006, Headline GRP: 4,447 million 2007, Headline GRP: 4,572 million 2008, Headline GRP: 4,718 million 2009, Headline GRP: 4,804 million 2010, Headline GRP: 4,871 million 2011, Headline GRP: 4,991 million 2012, Headline GRP: 5,000 million 2013, Headline GRP: 5,061 million 2014, Headline GRP: 5,206 million 2015, Headline GRP: 5,348 million 2016, Headline GRP: 5,591 million 2017, Headline GRP: 5,820 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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