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 $19.80 billion in the year ending June 2018, growing 8.3% 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
201819,799+8.310,0619,6941.04
201718,285+7.49,9299,6351.03
201617,031-0.710,64210,2111.04
201517,148-2.311,35610,8801.04
201417,545+3.012,00211,4701.05
201317,032+6.511,94711,5361.04
201215,992+8.911,81611,5721.02
201114,682+1.211,21711,0501.02
201014,512-0.510,38710,3071.01
200914,587+6.210,43310,3521.01
200813,734+4.210,12110,0461.01
200713,185+0.29,5769,5321.00
200613,155+0.89,4089,3581.01
200513,054+3.19,1449,0931.01
200412,665+4.08,6238,6221.00
200312,175-4.78,1168,0941.00
200212,780+1.28,8178,7641.01
200112,633--8,5278,4841.01

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

RDA Darling Downs and South West Region - Gross Regional Product
RDA Darling Downs and South West Region - Gross Regional Product 2001, Resident GRP: 8,484 million 2002, Resident GRP: 8,764 million 2003, Resident GRP: 8,094 million 2004, Resident GRP: 8,622 million 2005, Resident GRP: 9,093 million 2006, Resident GRP: 9,358 million 2007, Resident GRP: 9,532 million 2008, Resident GRP: 10,046 million 2009, Resident GRP: 10,352 million 2010, Resident GRP: 10,307 million 2011, Resident GRP: 11,050 million 2012, Resident GRP: 11,572 million 2013, Resident GRP: 11,536 million 2014, Resident GRP: 11,470 million 2015, Resident GRP: 10,880 million 2016, Resident GRP: 10,211 million 2017, Resident GRP: 9,635 million 2018, Resident GRP: 9,694 million 2001, Industry GRP: 8,527 million 2002, Industry GRP: 8,817 million 2003, Industry GRP: 8,116 million 2004, Industry GRP: 8,623 million 2005, Industry GRP: 9,144 million 2006, Industry GRP: 9,408 million 2007, Industry GRP: 9,576 million 2008, Industry GRP: 10,121 million 2009, Industry GRP: 10,433 million 2010, Industry GRP: 10,387 million 2011, Industry GRP: 11,217 million 2012, Industry GRP: 11,816 million 2013, Industry GRP: 11,947 million 2014, Industry GRP: 12,002 million 2015, Industry GRP: 11,356 million 2016, Industry GRP: 10,642 million 2017, Industry GRP: 9,929 million 2018, Industry GRP: 10,061 million 2001, Headline GRP: 12,633 million 2002, Headline GRP: 12,780 million 2003, Headline GRP: 12,175 million 2004, Headline GRP: 12,665 million 2005, Headline GRP: 13,054 million 2006, Headline GRP: 13,155 million 2007, Headline GRP: 13,185 million 2008, Headline GRP: 13,734 million 2009, Headline GRP: 14,587 million 2010, Headline GRP: 14,512 million 2011, Headline GRP: 14,682 million 2012, Headline GRP: 15,992 million 2013, Headline GRP: 17,032 million 2014, Headline GRP: 17,545 million 2015, Headline GRP: 17,148 million 2016, Headline GRP: 17,031 million 2017, Headline GRP: 18,285 million 2018, Headline GRP: 19,799 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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