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City of Port Phillip

Gross product

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City of Port Phillip's Gross Regional Product was $13,730m as of the 30th June 2018.

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 2018, City of Port Phillip: $13,730 million 2017, City of Port Phillip: $13,747 million 2016, City of Port Phillip: $13,326 million 2015, City of Port Phillip: $12,731 million 2014, City of Port Phillip: $12,433 million 2013, City of Port Phillip: $12,239 million 2012, City of Port Phillip: $12,180 million 2011, City of Port Phillip: $12,117 million 2010, City of Port Phillip: $12,153 million 2009, City of Port Phillip: $12,384 million 2008, City of Port Phillip: $12,636 million 2007, City of Port Phillip: $12,614 million 2006, City of Port Phillip: $11,973 million 2005, City of Port Phillip: $11,621 million 2004, City of Port Phillip: $11,293 million 2003, City of Port Phillip: $10,813 million 2002, City of Port Phillip: $10,483 million
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Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2018, Victoria: 158.3% 2017, Victoria: 155.5% 2016, Victoria: 149.0% 2015, Victoria: 143.8% 2014, Victoria: 139.0% 2013, Victoria: 135.2% 2012, Victoria: 133.8% 2011, Victoria: 132.3% 2010, Victoria: 129.4% 2009, Victoria: 127.1% 2008, Victoria: 125.4% 2007, Victoria: 121.7% 2006, Victoria: 118.0% 2005, Victoria: 115.6% 2004, Victoria: 112.5% 2003, Victoria: 108.4% 2002, Victoria: 104.9% 2001, Victoria: 100.0% 2018, City of Port Phillip: 137.1% 2017, City of Port Phillip: 137.2% 2016, City of Port Phillip: 133.0% 2015, City of Port Phillip: 127.1% 2014, City of Port Phillip: 124.1% 2013, City of Port Phillip: 122.2% 2012, City of Port Phillip: 121.6% 2011, City of Port Phillip: 121.0% 2010, City of Port Phillip: 121.3% 2009, City of Port Phillip: 123.6% 2008, City of Port Phillip: 126.1% 2007, City of Port Phillip: 125.9% 2006, City of Port Phillip: 119.5% 2005, City of Port Phillip: 116.0% 2004, City of Port Phillip: 112.7% 2003, City of Port Phillip: 108.0% 2002, City of Port Phillip: 104.7% 2001, City of Port Phillip: 100.0%
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Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
City of Port PhillipVictoria
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Port Phillip as a % of Victoria
201813,730-0.1•••137.1411,541+1.8158.33.34
201713,747+3.2â–˛137.2404,240+4.3155.53.40
201613,326+4.7â–˛133.0387,457+3.6149.03.44
201512,731+2.4â–˛127.1373,861+3.5143.83.41
201412,433+1.6â–˛124.1361,326+2.8139.03.44
201312,239+0.5â–˛122.2351,624+1.0135.23.48
201212,180+0.5â–˛121.6347,974+1.1133.83.50
201112,117-0.3â–Ľ121.0344,097+2.3132.33.52
201012,153-1.9â–Ľ121.3336,361+1.8129.43.61
200912,384-2.0â–Ľ123.6330,467+1.4127.13.75
200812,636+0.2•••126.1325,981+3.0125.43.88
200712,614+5.4â–˛125.9316,393+3.1121.73.99
200611,973+3.0â–˛119.5306,805+2.1118.03.90
200511,621+2.9â–˛116.0300,480+2.8115.63.87
200411,293+4.4â–˛112.7292,422+3.8112.53.86
200310,813+3.1â–˛108.0281,847+3.4108.43.84
200210,483+4.7â–˛104.7272,695+4.9104.93.84
200110,017--100.0260,013--100.03.85

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2018, Average annual growth rate: 2.1% 2017, Average annual growth rate: 2.1% 2016, Average annual growth rate: 2.1% 2015, Average annual growth rate: 2.1% 2014, Average annual growth rate: 2.1% 2013, Average annual growth rate: 2.1% 2012, Average annual growth rate: 2.1% 2011, Average annual growth rate: 2.1% 2010, Average annual growth rate: 2.1% 2009, Average annual growth rate: 2.1% 2008, Average annual growth rate: 2.1% 2007, Average annual growth rate: 2.1% 2006, Average annual growth rate: 2.1% 2005, Average annual growth rate: 2.1% 2004, Average annual growth rate: 2.1% 2003, Average annual growth rate: 2.1% 2018, Victoria: 1.8% 2017, Victoria: 4.3% 2016, Victoria: 3.6% 2015, Victoria: 3.5% 2014, Victoria: 2.8% 2013, Victoria: 1.0% 2012, Victoria: 1.1% 2011, Victoria: 2.3% 2010, Victoria: 1.8% 2009, Victoria: 1.4% 2008, Victoria: 3.0% 2007, Victoria: 3.1% 2006, Victoria: 2.1% 2005, Victoria: 2.8% 2004, Victoria: 3.8% 2003, Victoria: 3.4% 2018, City of Port Phillip: -0.1% 2017, City of Port Phillip: 3.2% 2016, City of Port Phillip: 4.7% 2015, City of Port Phillip: 2.4% 2014, City of Port Phillip: 1.6% 2013, City of Port Phillip: 0.5% 2012, City of Port Phillip: 0.5% 2011, City of Port Phillip: -0.3% 2010, City of Port Phillip: -1.9% 2009, City of Port Phillip: -2.0% 2008, City of Port Phillip: 0.2% 2007, City of Port Phillip: 5.4% 2006, City of Port Phillip: 3.0% 2005, City of Port Phillip: 2.9% 2004, City of Port Phillip: 4.4% 2003, City of Port Phillip: 3.1%
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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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