RDA Sunshine Coast RegionEconomic profile
Skip to content

Noosa Shire Council area

Gross Regional Product

Noosa Shire Council area’s Gross Regional Product was $2.81 billion in the year ending June 2018, growing 2.2% 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

Noosa Shire 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
20182,810+2.22,1872,3110.95
20172,748+1.52,1172,2280.95
20162,707+2.12,1432,2780.94
20152,652+2.02,1782,3330.93
20142,601+4.92,2052,3700.93
20132,480+1.62,1422,3130.93
20122,441+2.32,1772,3480.93
20112,386+0.82,1772,3430.93
20102,367-1.52,0712,2190.93
20092,404-1.22,1322,2670.94
20082,433+1.72,1372,2670.94
20072,394+3.52,0212,1520.94
20062,313+4.11,9342,0440.95
20052,223+7.61,8501,9380.95
20042,065+8.51,6571,7440.95
20031,904+9.21,4481,5300.95
20021,744+8.71,3661,4380.95
20011,605--1,2561,3080.96

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

Noosa Shire Council area - Gross Regional Product
Noosa Shire Council area - Gross Regional Product 2001, Resident GRP: 1,308 million 2002, Resident GRP: 1,438 million 2003, Resident GRP: 1,530 million 2004, Resident GRP: 1,744 million 2005, Resident GRP: 1,938 million 2006, Resident GRP: 2,044 million 2007, Resident GRP: 2,152 million 2008, Resident GRP: 2,267 million 2009, Resident GRP: 2,267 million 2010, Resident GRP: 2,219 million 2011, Resident GRP: 2,343 million 2012, Resident GRP: 2,348 million 2013, Resident GRP: 2,313 million 2014, Resident GRP: 2,370 million 2015, Resident GRP: 2,333 million 2016, Resident GRP: 2,278 million 2017, Resident GRP: 2,228 million 2018, Resident GRP: 2,311 million 2001, Industry GRP: 1,256 million 2002, Industry GRP: 1,366 million 2003, Industry GRP: 1,448 million 2004, Industry GRP: 1,657 million 2005, Industry GRP: 1,850 million 2006, Industry GRP: 1,934 million 2007, Industry GRP: 2,021 million 2008, Industry GRP: 2,137 million 2009, Industry GRP: 2,132 million 2010, Industry GRP: 2,071 million 2011, Industry GRP: 2,177 million 2012, Industry GRP: 2,177 million 2013, Industry GRP: 2,142 million 2014, Industry GRP: 2,205 million 2015, Industry GRP: 2,178 million 2016, Industry GRP: 2,143 million 2017, Industry GRP: 2,117 million 2018, Industry GRP: 2,187 million 2001, Headline GRP: 1,605 million 2002, Headline GRP: 1,744 million 2003, Headline GRP: 1,904 million 2004, Headline GRP: 2,065 million 2005, Headline GRP: 2,223 million 2006, Headline GRP: 2,313 million 2007, Headline GRP: 2,394 million 2008, Headline GRP: 2,433 million 2009, Headline GRP: 2,404 million 2010, Headline GRP: 2,367 million 2011, Headline GRP: 2,386 million 2012, Headline GRP: 2,441 million 2013, Headline GRP: 2,480 million 2014, Headline GRP: 2,601 million 2015, Headline GRP: 2,652 million 2016, Headline GRP: 2,707 million 2017, Headline GRP: 2,748 million 2018, Headline GRP: 2,810 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