RDA Darling Downs and South West RegionEconomic profile
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RDA Darling Downs and South West Region

Gross Regional Product

RDA Darling Downs and South West Region’s Gross Regional Product was $21.22 billion in the year ending June 2019, growing 3.5% 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

RDA Darling Downs and South West Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201921,223+3.513,09412,2521.07
201820,503+6.612,80012,1701.05
201719,234+8.112,64812,1971.04
201617,795-0.112,60212,1811.03
201517,815-2.412,43512,0061.04
201418,247+3.312,33911,9231.03
201317,668+6.412,19811,8681.03
201216,608+9.211,87411,6571.02
201115,215+1.711,29211,1521.01
201014,966-0.310,70310,6221.01
200915,009+5.510,51110,4551.01
200814,233+6.09,9869,9321.01
200713,423+1.39,3879,3791.00
200613,256-0.59,0849,0901.00
200513,326+1.88,9138,9011.00
200413,088+3.88,5808,6280.99
200312,603-4.28,2518,2621.00
200213,160+1.78,9258,9101.00
200112,935--8,3668,3761.00

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

RDA Darling Downs and South West Region - Gross Regional Product
RDA Darling Downs and South West Region - Gross Regional Product 2001, Resident GRP: 8,376 million 2002, Resident GRP: 8,910 million 2003, Resident GRP: 8,262 million 2004, Resident GRP: 8,628 million 2005, Resident GRP: 8,901 million 2006, Resident GRP: 9,090 million 2007, Resident GRP: 9,379 million 2008, Resident GRP: 9,932 million 2009, Resident GRP: 10,455 million 2010, Resident GRP: 10,622 million 2011, Resident GRP: 11,152 million 2012, Resident GRP: 11,657 million 2013, Resident GRP: 11,868 million 2014, Resident GRP: 11,923 million 2015, Resident GRP: 12,006 million 2016, Resident GRP: 12,181 million 2017, Resident GRP: 12,197 million 2018, Resident GRP: 12,170 million 2019, Resident GRP: 12,252 million 2001, Industry GRP: 8,366 million 2002, Industry GRP: 8,925 million 2003, Industry GRP: 8,251 million 2004, Industry GRP: 8,580 million 2005, Industry GRP: 8,913 million 2006, Industry GRP: 9,084 million 2007, Industry GRP: 9,387 million 2008, Industry GRP: 9,986 million 2009, Industry GRP: 10,511 million 2010, Industry GRP: 10,703 million 2011, Industry GRP: 11,292 million 2012, Industry GRP: 11,874 million 2013, Industry GRP: 12,198 million 2014, Industry GRP: 12,339 million 2015, Industry GRP: 12,435 million 2016, Industry GRP: 12,602 million 2017, Industry GRP: 12,648 million 2018, Industry GRP: 12,800 million 2019, Industry GRP: 13,094 million 2001, Headline GRP: 12,935 million 2002, Headline GRP: 13,160 million 2003, Headline GRP: 12,603 million 2004, Headline GRP: 13,088 million 2005, Headline GRP: 13,326 million 2006, Headline GRP: 13,256 million 2007, Headline GRP: 13,423 million 2008, Headline GRP: 14,233 million 2009, Headline GRP: 15,009 million 2010, Headline GRP: 14,966 million 2011, Headline GRP: 15,215 million 2012, Headline GRP: 16,608 million 2013, Headline GRP: 17,668 million 2014, Headline GRP: 18,247 million 2015, Headline GRP: 17,815 million 2016, Headline GRP: 17,795 million 2017, Headline GRP: 19,234 million 2018, Headline GRP: 20,503 million 2019, Headline GRP: 21,223 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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