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NSROC Region

Gross Regional Product

NSROC Region’s Gross Regional Product was $66.47 billion in the year ending June 2018, growing 0.4% 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 Region. 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

NSROC Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201866,467+0.455,04555,2841.00
201766,195+2.153,66353,4741.00
201664,819+5.052,89652,9261.00
201561,734+2.752,29051,8411.01
201460,111+1.850,61349,4161.02
201359,027+3.248,99447,4891.03
201257,179+1.750,02147,9801.04
201156,214+3.548,88647,3621.03
201054,308+2.645,93045,0761.02
200952,933+2.145,63745,2981.01
200851,848+2.446,31446,3991.00
200750,616+1.844,05444,4890.99
200649,725+1.942,43943,2180.98
200548,789+0.441,75742,6070.98
200448,592+2.439,43440,2710.98
200347,470+1.637,68938,5520.98
200246,702+1.137,40737,9480.99
200146,201--37,92238,2650.99

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

NSROC Region - Gross Regional Product
NSROC Region - Gross Regional Product 2001, Resident GRP: 38,265 million 2002, Resident GRP: 37,948 million 2003, Resident GRP: 38,552 million 2004, Resident GRP: 40,271 million 2005, Resident GRP: 42,607 million 2006, Resident GRP: 43,218 million 2007, Resident GRP: 44,489 million 2008, Resident GRP: 46,399 million 2009, Resident GRP: 45,298 million 2010, Resident GRP: 45,076 million 2011, Resident GRP: 47,362 million 2012, Resident GRP: 47,980 million 2013, Resident GRP: 47,489 million 2014, Resident GRP: 49,416 million 2015, Resident GRP: 51,841 million 2016, Resident GRP: 52,926 million 2017, Resident GRP: 53,474 million 2018, Resident GRP: 55,284 million 2001, Industry GRP: 37,922 million 2002, Industry GRP: 37,407 million 2003, Industry GRP: 37,689 million 2004, Industry GRP: 39,434 million 2005, Industry GRP: 41,757 million 2006, Industry GRP: 42,439 million 2007, Industry GRP: 44,054 million 2008, Industry GRP: 46,314 million 2009, Industry GRP: 45,637 million 2010, Industry GRP: 45,930 million 2011, Industry GRP: 48,886 million 2012, Industry GRP: 50,021 million 2013, Industry GRP: 48,994 million 2014, Industry GRP: 50,613 million 2015, Industry GRP: 52,290 million 2016, Industry GRP: 52,896 million 2017, Industry GRP: 53,663 million 2018, Industry GRP: 55,045 million 2001, Headline GRP: 46,201 million 2002, Headline GRP: 46,702 million 2003, Headline GRP: 47,470 million 2004, Headline GRP: 48,592 million 2005, Headline GRP: 48,789 million 2006, Headline GRP: 49,725 million 2007, Headline GRP: 50,616 million 2008, Headline GRP: 51,848 million 2009, Headline GRP: 52,933 million 2010, Headline GRP: 54,308 million 2011, Headline GRP: 56,214 million 2012, Headline GRP: 57,179 million 2013, Headline GRP: 59,027 million 2014, Headline GRP: 60,111 million 2015, Headline GRP: 61,734 million 2016, Headline GRP: 64,819 million 2017, Headline GRP: 66,195 million 2018, Headline GRP: 66,467 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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