RDA Darling Downs and South West RegionEconomic profile
Skip to content

Southern Downs Regional Council area

Gross Regional Product

Southern Downs Regional Council area’s Gross Regional Product was $1.95 billion in the year ending June 2018, growing 2.3% 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

Southern Downs Regional Council area - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20181,952+2.31,1061,1101.00
20171,908+1.61,1001,1320.97
20161,879-2.31,1851,2130.98
20151,924-0.51,2541,2830.98
20141,934+4.61,2861,3140.98
20131,850+3.11,2591,2770.99
20121,793+8.41,2701,2870.99
20111,655+3.21,2201,2261.00
20101,603+2.01,1331,1391.00
20091,571+5.11,1341,1450.99
20081,495+1.81,1011,1100.99
20071,468+0.71,0541,0640.99
20061,459-1.31,0481,0560.99
20051,478-1.01,0221,0300.99
20041,493+5.29789870.99
20031,419-7.69369411.00
20021,535+1.01,0441,0421.00
20011,520--1,0121,0111.00

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

Southern Downs Regional Council area - Gross Regional Product
Southern Downs Regional Council area - Gross Regional Product 2001, Resident GRP: 1,011 million 2002, Resident GRP: 1,042 million 2003, Resident GRP: 941 million 2004, Resident GRP: 987 million 2005, Resident GRP: 1,030 million 2006, Resident GRP: 1,056 million 2007, Resident GRP: 1,064 million 2008, Resident GRP: 1,110 million 2009, Resident GRP: 1,145 million 2010, Resident GRP: 1,139 million 2011, Resident GRP: 1,226 million 2012, Resident GRP: 1,287 million 2013, Resident GRP: 1,277 million 2014, Resident GRP: 1,314 million 2015, Resident GRP: 1,283 million 2016, Resident GRP: 1,213 million 2017, Resident GRP: 1,132 million 2018, Resident GRP: 1,110 million 2001, Industry GRP: 1,012 million 2002, Industry GRP: 1,044 million 2003, Industry GRP: 936 million 2004, Industry GRP: 978 million 2005, Industry GRP: 1,022 million 2006, Industry GRP: 1,048 million 2007, Industry GRP: 1,054 million 2008, Industry GRP: 1,101 million 2009, Industry GRP: 1,134 million 2010, Industry GRP: 1,133 million 2011, Industry GRP: 1,220 million 2012, Industry GRP: 1,270 million 2013, Industry GRP: 1,259 million 2014, Industry GRP: 1,286 million 2015, Industry GRP: 1,254 million 2016, Industry GRP: 1,185 million 2017, Industry GRP: 1,100 million 2018, Industry GRP: 1,106 million 2001, Headline GRP: 1,520 million 2002, Headline GRP: 1,535 million 2003, Headline GRP: 1,419 million 2004, Headline GRP: 1,493 million 2005, Headline GRP: 1,478 million 2006, Headline GRP: 1,459 million 2007, Headline GRP: 1,468 million 2008, Headline GRP: 1,495 million 2009, Headline GRP: 1,571 million 2010, Headline GRP: 1,603 million 2011, Headline GRP: 1,655 million 2012, Headline GRP: 1,793 million 2013, Headline GRP: 1,850 million 2014, Headline GRP: 1,934 million 2015, Headline GRP: 1,924 million 2016, Headline GRP: 1,879 million 2017, Headline GRP: 1,908 million 2018, Headline GRP: 1,952 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

To continue building your economic story go to...

v19.07.26-1.0.1