City of ParramattaEconomic profile
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City of Parramatta

Gross Regional Product

City of Parramatta’s Gross Regional Product was $26.58 billion in the year ending June 2018, growing 3.6% 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
201826,580+3.619,68614,7891.33
201725,662+3.418,65414,1191.32
201624,824+4.317,99713,6521.32
201523,804+1.517,72513,2271.34
201423,455+1.016,93612,3061.38
201323,228+3.216,49511,7301.41
201222,518+3.416,58611,7281.41
201121,785+4.116,01811,2011.43
201020,920+3.214,97110,2991.45
200920,272+2.414,82110,0731.47
200819,788+5.414,6629,9841.47
200718,774+2.813,8149,3781.47
200618,263+0.813,2558,9681.48
200518,123+0.313,0288,7281.49
200418,063+3.312,6498,2701.53
200317,494+2.612,0777,8351.54
200217,052+2.311,8337,6961.54
200116,672--11,7707,5671.56

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

City of Parramatta - Gross Regional Product
City of Parramatta - Gross Regional Product 2001, Resident GRP: 7,567 million 2002, Resident GRP: 7,696 million 2003, Resident GRP: 7,835 million 2004, Resident GRP: 8,270 million 2005, Resident GRP: 8,728 million 2006, Resident GRP: 8,968 million 2007, Resident GRP: 9,378 million 2008, Resident GRP: 9,984 million 2009, Resident GRP: 10,073 million 2010, Resident GRP: 10,299 million 2011, Resident GRP: 11,201 million 2012, Resident GRP: 11,728 million 2013, Resident GRP: 11,730 million 2014, Resident GRP: 12,306 million 2015, Resident GRP: 13,227 million 2016, Resident GRP: 13,652 million 2017, Resident GRP: 14,119 million 2018, Resident GRP: 14,789 million 2001, Industry GRP: 11,770 million 2002, Industry GRP: 11,833 million 2003, Industry GRP: 12,077 million 2004, Industry GRP: 12,649 million 2005, Industry GRP: 13,028 million 2006, Industry GRP: 13,255 million 2007, Industry GRP: 13,814 million 2008, Industry GRP: 14,662 million 2009, Industry GRP: 14,821 million 2010, Industry GRP: 14,971 million 2011, Industry GRP: 16,018 million 2012, Industry GRP: 16,586 million 2013, Industry GRP: 16,495 million 2014, Industry GRP: 16,936 million 2015, Industry GRP: 17,725 million 2016, Industry GRP: 17,997 million 2017, Industry GRP: 18,654 million 2018, Industry GRP: 19,686 million 2001, Headline GRP: 16,672 million 2002, Headline GRP: 17,052 million 2003, Headline GRP: 17,494 million 2004, Headline GRP: 18,063 million 2005, Headline GRP: 18,123 million 2006, Headline GRP: 18,263 million 2007, Headline GRP: 18,774 million 2008, Headline GRP: 19,788 million 2009, Headline GRP: 20,272 million 2010, Headline GRP: 20,920 million 2011, Headline GRP: 21,785 million 2012, Headline GRP: 22,518 million 2013, Headline GRP: 23,228 million 2014, Headline GRP: 23,455 million 2015, Headline GRP: 23,804 million 2016, Headline GRP: 24,824 million 2017, Headline GRP: 25,662 million 2018, Headline GRP: 26,580 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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