City of MorelandEconomic profile
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City of Moreland

Gross Regional Product

City of Moreland’s Gross Regional Product was $6.47 billion in the year ending June 2019, growing 3.5% 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
20196,467+3.55,3109,7470.54
20186,246+4.45,1919,3440.56
20175,985+3.45,1418,9980.57
20165,790+3.04,9708,6240.58
20155,622+2.94,8548,4480.57
20145,464+2.84,8748,2740.59
20135,315+1.94,7928,0170.60
20125,216+1.84,5837,7160.59
20115,123+3.04,4937,4090.61
20104,973+2.54,3096,9450.62
20094,853+0.64,1406,6340.62
20084,823+2.24,0366,4430.63
20074,721+2.93,8265,9860.64
20064,589+1.63,7475,6060.67
20054,516+0.93,6585,3690.68
20044,475+3.83,5385,1150.69
20034,312+4.73,4204,9320.69
20024,118+5.03,3104,7880.69
20013,924--3,1014,3780.71

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

City of Moreland - Gross Regional Product
City of Moreland - Gross Regional Product 2001, Resident GRP: 4,378 million 2002, Resident GRP: 4,788 million 2003, Resident GRP: 4,932 million 2004, Resident GRP: 5,115 million 2005, Resident GRP: 5,369 million 2006, Resident GRP: 5,606 million 2007, Resident GRP: 5,986 million 2008, Resident GRP: 6,443 million 2009, Resident GRP: 6,634 million 2010, Resident GRP: 6,945 million 2011, Resident GRP: 7,409 million 2012, Resident GRP: 7,716 million 2013, Resident GRP: 8,017 million 2014, Resident GRP: 8,274 million 2015, Resident GRP: 8,448 million 2016, Resident GRP: 8,624 million 2017, Resident GRP: 8,998 million 2018, Resident GRP: 9,344 million 2019, Resident GRP: 9,747 million 2001, Industry GRP: 3,101 million 2002, Industry GRP: 3,310 million 2003, Industry GRP: 3,420 million 2004, Industry GRP: 3,538 million 2005, Industry GRP: 3,658 million 2006, Industry GRP: 3,747 million 2007, Industry GRP: 3,826 million 2008, Industry GRP: 4,036 million 2009, Industry GRP: 4,140 million 2010, Industry GRP: 4,309 million 2011, Industry GRP: 4,493 million 2012, Industry GRP: 4,583 million 2013, Industry GRP: 4,792 million 2014, Industry GRP: 4,874 million 2015, Industry GRP: 4,854 million 2016, Industry GRP: 4,970 million 2017, Industry GRP: 5,141 million 2018, Industry GRP: 5,191 million 2019, Industry GRP: 5,310 million 2001, Headline GRP: 3,924 million 2002, Headline GRP: 4,118 million 2003, Headline GRP: 4,312 million 2004, Headline GRP: 4,475 million 2005, Headline GRP: 4,516 million 2006, Headline GRP: 4,589 million 2007, Headline GRP: 4,721 million 2008, Headline GRP: 4,823 million 2009, Headline GRP: 4,853 million 2010, Headline GRP: 4,973 million 2011, Headline GRP: 5,123 million 2012, Headline GRP: 5,216 million 2013, Headline GRP: 5,315 million 2014, Headline GRP: 5,464 million 2015, Headline GRP: 5,622 million 2016, Headline GRP: 5,790 million 2017, Headline GRP: 5,985 million 2018, Headline GRP: 6,246 million 2019, Headline GRP: 6,467 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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