RDA Darling Downs and South West RegionEconomic profile
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Western Downs Regional Council area

Gross Regional Product

Western Downs Regional Council area’s Gross Regional Product was $4.00 billion in the year ending June 2018, growing 26.3% 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

Western 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
20183,998+26.31,3531,0601.28
20173,166+19.01,3051,0751.21
20162,660-7.41,4931,2221.22
20152,872-11.81,7261,3801.25
20143,258+2.82,0141,5691.28
20133,170+20.71,9791,6011.24
20122,627+19.21,7621,5361.15
20112,204+2.71,5561,4031.11
20102,145-2.41,3831,2791.08
20092,197+8.11,3961,3131.06
20082,032+5.81,3581,2791.06
20071,920-3.81,3161,2501.05
20061,996+3.91,3491,2791.05
20051,922+10.21,2971,2331.05
20041,744+4.41,1311,1091.02
20031,671-7.01,0501,0331.02
20021,797+1.51,1621,1441.02
20011,770--1,1211,1061.01

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

Western Downs Regional Council area - Gross Regional Product
Western Downs Regional Council area - Gross Regional Product 2001, Resident GRP: 1,106 million 2002, Resident GRP: 1,144 million 2003, Resident GRP: 1,033 million 2004, Resident GRP: 1,109 million 2005, Resident GRP: 1,233 million 2006, Resident GRP: 1,279 million 2007, Resident GRP: 1,250 million 2008, Resident GRP: 1,279 million 2009, Resident GRP: 1,313 million 2010, Resident GRP: 1,279 million 2011, Resident GRP: 1,403 million 2012, Resident GRP: 1,536 million 2013, Resident GRP: 1,601 million 2014, Resident GRP: 1,569 million 2015, Resident GRP: 1,380 million 2016, Resident GRP: 1,222 million 2017, Resident GRP: 1,075 million 2018, Resident GRP: 1,060 million 2001, Industry GRP: 1,121 million 2002, Industry GRP: 1,162 million 2003, Industry GRP: 1,050 million 2004, Industry GRP: 1,131 million 2005, Industry GRP: 1,297 million 2006, Industry GRP: 1,349 million 2007, Industry GRP: 1,316 million 2008, Industry GRP: 1,358 million 2009, Industry GRP: 1,396 million 2010, Industry GRP: 1,383 million 2011, Industry GRP: 1,556 million 2012, Industry GRP: 1,762 million 2013, Industry GRP: 1,979 million 2014, Industry GRP: 2,014 million 2015, Industry GRP: 1,726 million 2016, Industry GRP: 1,493 million 2017, Industry GRP: 1,305 million 2018, Industry GRP: 1,353 million 2001, Headline GRP: 1,770 million 2002, Headline GRP: 1,797 million 2003, Headline GRP: 1,671 million 2004, Headline GRP: 1,744 million 2005, Headline GRP: 1,922 million 2006, Headline GRP: 1,996 million 2007, Headline GRP: 1,920 million 2008, Headline GRP: 2,032 million 2009, Headline GRP: 2,197 million 2010, Headline GRP: 2,145 million 2011, Headline GRP: 2,204 million 2012, Headline GRP: 2,627 million 2013, Headline GRP: 3,170 million 2014, Headline GRP: 3,258 million 2015, Headline GRP: 2,872 million 2016, Headline GRP: 2,660 million 2017, Headline GRP: 3,166 million 2018, Headline GRP: 3,998 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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