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Northern Midlands

Gross product

The Northern Midlands's Gross Regional Product was $782m 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 here for Census years and the latest year. The full version of economy.id includes a time series of Gross Product for all years back to 2002.

Gross Regional Product
Gross Regional Product 2006, Northern Midlands: $635 million 2011, Northern Midlands: $669 million 2016, Northern Midlands: $796 million 2017, Northern Midlands: $782 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Northern MidlandsTasmania
Year (ending June 30)$m% change$m% changeNorthern Midlands as a % of Tasmania
2017782--29,125--2.69
2016796--28,354--2.82
2011669--27,175--2.47
2006635--24,781--2.57

Source: Australian Bureau of Statistics. Australian National Accounts: National Income, Expenditure and Product , catalogue number 5206.0, and the National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

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