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City of Parramatta

Gross Regional Product

City of Parramatta’s Gross Regional Product was $28.88 billion in the year ending June 2019, growing 6.4% 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 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 Parramatta - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201928,877+6.420,63715,1121.37
201827,152+4.219,41714,4821.34
201726,068+3.318,77814,0251.34
201625,230+3.018,22413,6611.33
201524,505+0.917,76913,1091.36
201424,298+0.417,42012,4891.39
201324,207+1.817,11712,0871.42
201223,774+4.416,92711,8261.43
201122,774+3.316,38411,2801.45
201022,038+3.015,53410,6301.46
200921,399+1.115,26710,2591.49
200821,161+4.714,97110,0751.49
200720,206+3.914,1789,5301.49
200619,456+1.113,5909,0981.49
200519,247+0.313,3178,8421.51
200419,198+2.812,9078,3901.54
200318,668+3.312,4468,0411.55
200218,080+1.812,2267,9141.54
200117,756--11,9547,6011.57

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 Parramatta - Gross Regional Product
City of Parramatta - Gross Regional Product 2001, Resident GRP: 7,601 million 2002, Resident GRP: 7,914 million 2003, Resident GRP: 8,041 million 2004, Resident GRP: 8,390 million 2005, Resident GRP: 8,842 million 2006, Resident GRP: 9,098 million 2007, Resident GRP: 9,530 million 2008, Resident GRP: 10,075 million 2009, Resident GRP: 10,259 million 2010, Resident GRP: 10,630 million 2011, Resident GRP: 11,280 million 2012, Resident GRP: 11,826 million 2013, Resident GRP: 12,087 million 2014, Resident GRP: 12,489 million 2015, Resident GRP: 13,109 million 2016, Resident GRP: 13,661 million 2017, Resident GRP: 14,025 million 2018, Resident GRP: 14,482 million 2019, Resident GRP: 15,112 million 2001, Industry GRP: 11,954 million 2002, Industry GRP: 12,226 million 2003, Industry GRP: 12,446 million 2004, Industry GRP: 12,907 million 2005, Industry GRP: 13,317 million 2006, Industry GRP: 13,590 million 2007, Industry GRP: 14,178 million 2008, Industry GRP: 14,971 million 2009, Industry GRP: 15,267 million 2010, Industry GRP: 15,534 million 2011, Industry GRP: 16,384 million 2012, Industry GRP: 16,927 million 2013, Industry GRP: 17,117 million 2014, Industry GRP: 17,420 million 2015, Industry GRP: 17,769 million 2016, Industry GRP: 18,224 million 2017, Industry GRP: 18,778 million 2018, Industry GRP: 19,417 million 2019, Industry GRP: 20,637 million 2001, Headline GRP: 17,756 million 2002, Headline GRP: 18,080 million 2003, Headline GRP: 18,668 million 2004, Headline GRP: 19,198 million 2005, Headline GRP: 19,247 million 2006, Headline GRP: 19,456 million 2007, Headline GRP: 20,206 million 2008, Headline GRP: 21,161 million 2009, Headline GRP: 21,399 million 2010, Headline GRP: 22,038 million 2011, Headline GRP: 22,774 million 2012, Headline GRP: 23,774 million 2013, Headline GRP: 24,207 million 2014, Headline GRP: 24,298 million 2015, Headline GRP: 24,505 million 2016, Headline GRP: 25,230 million 2017, Headline GRP: 26,068 million 2018, Headline GRP: 27,152 million 2019, Headline GRP: 28,877 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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