Queanbeyan-Palerang Regional CouncilEconomic profile
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Queanbeyan-Palerang Regional Council area

Gross product

This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

The Queanbeyan-Palerang Regional Council area's Gross Regional Product was $2,414m 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 for each year back to 2002.

Gross Regional Product
Gross Regional Product 2017, Queanbeyan-Palerang Regional Council area: $2,414 million 2016, Queanbeyan-Palerang Regional Council area: $2,399 million 2015, Queanbeyan-Palerang Regional Council area: $2,401 million 2014, Queanbeyan-Palerang Regional Council area: $2,447 million 2013, Queanbeyan-Palerang Regional Council area: $2,469 million 2012, Queanbeyan-Palerang Regional Council area: $2,422 million 2011, Queanbeyan-Palerang Regional Council area: $2,409 million 2010, Queanbeyan-Palerang Regional Council area: $2,273 million 2009, Queanbeyan-Palerang Regional Council area: $2,330 million 2008, Queanbeyan-Palerang Regional Council area: $2,411 million 2007, Queanbeyan-Palerang Regional Council area: $2,419 million 2006, Queanbeyan-Palerang Regional Council area: $2,319 million 2005, Queanbeyan-Palerang Regional Council area: $2,143 million 2004, Queanbeyan-Palerang Regional Council area: $2,003 million 2003, Queanbeyan-Palerang Regional Council area: $1,956 million 2002, Queanbeyan-Palerang Regional Council area: $1,833 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2017, NSW: 143.8% 2016, NSW: 140.0% 2015, NSW: 134.4% 2014, NSW: 130.6% 2013, NSW: 128.3% 2012, NSW: 124.2% 2011, NSW: 122.2% 2010, NSW: 118.6% 2009, NSW: 116.2% 2008, NSW: 114.5% 2007, NSW: 111.7% 2006, NSW: 110.5% 2005, NSW: 109.7% 2004, NSW: 108.0% 2003, NSW: 103.9% 2002, NSW: 101.6% 2001, NSW: 100.0% 2017, Queanbeyan-Palerang Regional Council area: 129.5% 2016, Queanbeyan-Palerang Regional Council area: 128.7% 2015, Queanbeyan-Palerang Regional Council area: 128.8% 2014, Queanbeyan-Palerang Regional Council area: 131.3% 2013, Queanbeyan-Palerang Regional Council area: 132.4% 2012, Queanbeyan-Palerang Regional Council area: 130.0% 2011, Queanbeyan-Palerang Regional Council area: 129.2% 2010, Queanbeyan-Palerang Regional Council area: 121.9% 2009, Queanbeyan-Palerang Regional Council area: 125.0% 2008, Queanbeyan-Palerang Regional Council area: 129.4% 2007, Queanbeyan-Palerang Regional Council area: 129.8% 2006, Queanbeyan-Palerang Regional Council area: 124.4% 2005, Queanbeyan-Palerang Regional Council area: 115.0% 2004, Queanbeyan-Palerang Regional Council area: 107.5% 2003, Queanbeyan-Palerang Regional Council area: 105.0% 2002, Queanbeyan-Palerang Regional Council area: 98.3% 2001, Queanbeyan-Palerang Regional Council area: 100.0%
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)
Queanbeyan-Palerang Regional Council areaNSW
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeQueanbeyan-Palerang Regional Council area as a % of NSW
20172,414+0.6129.5550,434+2.7143.80.44
20162,399-0.1•••128.7535,836+4.2140.00.45
20152,401-1.9128.8514,168+2.9134.40.47
20142,447-0.9131.3499,858+1.8130.60.49
20132,469+1.9132.4490,789+3.3128.30.50
20122,422+0.6130.0475,083+1.6124.20.51
20112,409+6.0129.2467,606+3.0122.20.52
20102,273-2.5121.9453,920+2.1118.60.50
20092,330-3.4125.0444,743+1.5116.20.52
20082,411-0.3129.4438,115+2.5114.50.55
20072,419+4.3129.8427,327+1.1111.70.57
20062,319+8.2124.4422,762+0.7110.50.55
20052,143+7.0115.0419,809+1.6109.70.51
20042,003+2.4107.5413,257+4.0108.00.48
20031,956+6.7105.0397,437+2.2103.90.49
20021,833-1.798.3388,881+1.6101.60.47
20011,864--100.0382,651--100.00.49

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts

Data are based on a 2015-16 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 2017, Average annual growth rate: 1.4% 2016, Average annual growth rate: 1.4% 2015, Average annual growth rate: 1.4% 2014, Average annual growth rate: 1.4% 2013, Average annual growth rate: 1.4% 2012, Average annual growth rate: 1.4% 2011, Average annual growth rate: 1.4% 2010, Average annual growth rate: 1.4% 2009, Average annual growth rate: 1.4% 2008, Average annual growth rate: 1.4% 2007, Average annual growth rate: 1.4% 2006, Average annual growth rate: 1.4% 2005, Average annual growth rate: 1.4% 2004, Average annual growth rate: 1.4% 2003, Average annual growth rate: 1.4% 2017, NSW: 2.7% 2016, NSW: 4.2% 2015, NSW: 2.9% 2014, NSW: 1.8% 2013, NSW: 3.3% 2012, NSW: 1.6% 2011, NSW: 3.0% 2010, NSW: 2.1% 2009, NSW: 1.5% 2008, NSW: 2.5% 2007, NSW: 1.1% 2006, NSW: 0.7% 2005, NSW: 1.6% 2004, NSW: 4.0% 2003, NSW: 2.2% 2017, Queanbeyan-Palerang Regional Council area: 0.6% 2016, Queanbeyan-Palerang Regional Council area: -0.1% 2015, Queanbeyan-Palerang Regional Council area: -1.9% 2014, Queanbeyan-Palerang Regional Council area: -0.9% 2013, Queanbeyan-Palerang Regional Council area: 1.9% 2012, Queanbeyan-Palerang Regional Council area: 0.6% 2011, Queanbeyan-Palerang Regional Council area: 6.0% 2010, Queanbeyan-Palerang Regional Council area: -2.5% 2009, Queanbeyan-Palerang Regional Council area: -3.4% 2008, Queanbeyan-Palerang Regional Council area: -0.3% 2007, Queanbeyan-Palerang Regional Council area: 4.3% 2006, Queanbeyan-Palerang Regional Council area: 8.2% 2005, Queanbeyan-Palerang Regional Council area: 7.0% 2004, Queanbeyan-Palerang Regional Council area: 2.4% 2003, Queanbeyan-Palerang Regional Council area: 6.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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