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West Coast Council

Gross product

This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

West Coast Council's Gross Regional Product was $609m as of the 30th June 2017.

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 2017, West Coast Council: $609 million 2016, West Coast Council: $593 million 2015, West Coast Council: $635 million 2014, West Coast Council: $619 million 2013, West Coast Council: $665 million 2012, West Coast Council: $748 million 2011, West Coast Council: $693 million 2010, West Coast Council: $712 million 2009, West Coast Council: $671 million 2008, West Coast Council: $571 million 2007, West Coast Council: $505 million 2006, West Coast Council: $477 million 2005, West Coast Council: $488 million 2004, West Coast Council: $531 million 2003, West Coast Council: $528 million 2002, West Coast Council: $528 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2017, Greater Hobart: 155.3% 2016, Greater Hobart: 150.9% 2015, Greater Hobart: 148.6% 2014, Greater Hobart: 144.2% 2013, Greater Hobart: 140.2% 2012, Greater Hobart: 139.2% 2011, Greater Hobart: 139.2% 2010, Greater Hobart: 136.4% 2009, Greater Hobart: 134.5% 2008, Greater Hobart: 133.2% 2007, Greater Hobart: 129.8% 2006, Greater Hobart: 124.3% 2005, Greater Hobart: 117.1% 2004, Greater Hobart: 114.3% 2003, Greater Hobart: 107.2% 2002, Greater Hobart: 105.5% 2001, Greater Hobart: 100.0% 2017, West Coast Council: 122.3% 2016, West Coast Council: 119.1% 2015, West Coast Council: 127.4% 2014, West Coast Council: 124.1% 2013, West Coast Council: 133.5% 2012, West Coast Council: 150.0% 2011, West Coast Council: 139.1% 2010, West Coast Council: 142.8% 2009, West Coast Council: 134.7% 2008, West Coast Council: 114.6% 2007, West Coast Council: 101.3% 2006, West Coast Council: 95.8% 2005, West Coast Council: 97.9% 2004, West Coast Council: 106.6% 2003, West Coast Council: 106.0% 2002, West Coast Council: 105.9% 2001, West Coast Council: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
West Coast CouncilGreater Hobart
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeWest Coast Council as a % of Greater Hobart
2017609+2.7122.313,447+2.9155.34.53
2016593-6.5119.113,066+1.6150.94.54
2015635+2.6127.412,866+3.0148.64.93
2014619-7.0124.112,490+2.9144.24.95
2013665-11.0133.512,139+0.7140.25.48
2012748+7.8150.012,0570139.26.20
2011693-2.6139.112,052+2.1139.25.75
2010712+6.0142.811,809+1.4136.46.03
2009671+17.6134.711,647+1.0134.55.76
2008571+13.1114.611,535+2.6133.24.95
2007505+5.7101.311,243+4.4129.84.49
2006477-2.195.810,766+6.1124.34.43
2005488-8.297.910,144+2.5117.14.81
2004531+0.6106.69,898+6.6114.35.37
2003528+0.1•••106.09,281+1.6107.25.69
2002528+5.9105.99,133+5.5105.55.78
2001498--100.08,660--100.05.76

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2017, Average annual growth rate: 1.4% 2016, Average annual growth rate: 1.4% 2015, Average annual growth rate: 1.4% 2014, Average annual growth rate: 1.4% 2013, Average annual growth rate: 1.4% 2012, Average annual growth rate: 1.4% 2011, Average annual growth rate: 1.4% 2010, Average annual growth rate: 1.4% 2009, Average annual growth rate: 1.4% 2008, Average annual growth rate: 1.4% 2007, Average annual growth rate: 1.4% 2006, Average annual growth rate: 1.4% 2005, Average annual growth rate: 1.4% 2004, Average annual growth rate: 1.4% 2003, Average annual growth rate: 1.4% 2017, Greater Hobart: 2.9% 2016, Greater Hobart: 1.6% 2015, Greater Hobart: 3.0% 2014, Greater Hobart: 2.9% 2013, Greater Hobart: 0.7% 2012, Greater Hobart: 0.0% 2011, Greater Hobart: 2.1% 2010, Greater Hobart: 1.4% 2009, Greater Hobart: 1.0% 2008, Greater Hobart: 2.6% 2007, Greater Hobart: 4.4% 2006, Greater Hobart: 6.1% 2005, Greater Hobart: 2.5% 2004, Greater Hobart: 6.6% 2003, Greater Hobart: 1.6% 2017, West Coast Council: 2.7% 2016, West Coast Council: -6.5% 2015, West Coast Council: 2.6% 2014, West Coast Council: -7.0% 2013, West Coast Council: -11.0% 2012, West Coast Council: 7.8% 2011, West Coast Council: -2.6% 2010, West Coast Council: 6.0% 2009, West Coast Council: 17.6% 2008, West Coast Council: 13.1% 2007, West Coast Council: 5.7% 2006, West Coast Council: -2.1% 2005, West Coast Council: -8.2% 2004, West Coast Council: 0.6% 2003, West Coast Council: 0.1%
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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