RDA Yorke and Mid North RegionEconomic profile
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Mid North Region

Gross product

Mid North Region's Gross Regional Product was $1,308m as of the 30th June 2020.

The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2002.

Gross Regional Product
Gross Regional Product 2020, Mid North Region: $1,308 million 2019, Mid North Region: $1,351 million 2018, Mid North Region: $1,377 million 2017, Mid North Region: $1,377 million 2016, Mid North Region: $1,274 million 2015, Mid North Region: $1,310 million 2014, Mid North Region: $1,293 million 2013, Mid North Region: $1,321 million 2012, Mid North Region: $1,378 million 2011, Mid North Region: $1,447 million 2010, Mid North Region: $1,452 million 2009, Mid North Region: $1,395 million 2008, Mid North Region: $1,375 million 2007, Mid North Region: $1,196 million 2006, Mid North Region: $1,406 million 2005, Mid North Region: $1,605 million 2004, Mid North Region: $1,716 million 2003, Mid North Region: $1,828 million 2002, Mid North Region: $2,127 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2020, Regional SA: 97.5% 2019, Regional SA: 99.3% 2018, Regional SA: 98.5% 2017, Regional SA: 98.5% 2016, Regional SA: 96.5% 2015, Regional SA: 98.3% 2014, Regional SA: 97.5% 2013, Regional SA: 98.3% 2012, Regional SA: 100.9% 2011, Regional SA: 104.6% 2010, Regional SA: 106.1% 2009, Regional SA: 104.7% 2008, Regional SA: 102.0% 2007, Regional SA: 94.9% 2006, Regional SA: 100.4% 2005, Regional SA: 101.3% 2004, Regional SA: 100.0% 2003, Regional SA: 99.0% 2002, Regional SA: 104.1% 2001, Regional SA: 100.0% 2020, Mid North Region: 65.8% 2019, Mid North Region: 68.0% 2018, Mid North Region: 69.3% 2017, Mid North Region: 69.3% 2016, Mid North Region: 64.1% 2015, Mid North Region: 66.0% 2014, Mid North Region: 65.1% 2013, Mid North Region: 66.5% 2012, Mid North Region: 69.4% 2011, Mid North Region: 72.9% 2010, Mid North Region: 73.1% 2009, Mid North Region: 70.2% 2008, Mid North Region: 69.2% 2007, Mid North Region: 60.2% 2006, Mid North Region: 70.8% 2005, Mid North Region: 80.8% 2004, Mid North Region: 86.4% 2003, Mid North Region: 92.0% 2002, Mid North Region: 107.1% 2001, Mid North Region: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
Mid North RegionRegional SA
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeMid North Region as a % of Regional SA
20201,308-3.265.823,439-1.897.55.58
20191,351-1.968.023,862+0.799.35.66
20181,3770•••69.323,686098.55.81
20171,377+8.169.323,684+2.198.55.81
20161,274-2.864.123,205-1.896.55.49
20151,310+1.366.023,640+0.898.35.54
20141,293-2.165.123,444-0.897.55.52
20131,321-4.166.523,638-2.598.35.59
20121,378-4.869.424,245-3.6100.95.68
20111,447-0.372.925,149-1.4104.65.76
20101,452+4.173.125,506+1.3106.15.69
20091,395+1.470.225,176+2.7104.75.54
20081,375+15.069.224,511+7.4102.05.61
20071,196-15.060.222,819-5.594.95.24
20061,406-12.470.824,145-0.8100.45.82
20051,605-6.580.824,350+1.3101.36.59
20041,716-6.186.424,033+1.0100.07.14
20031,828-14.192.023,805-4.999.07.68
20022,127+7.1107.125,027+4.1104.18.50
20011,986--100.024,038--100.08.26

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions)

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

*Cumulative change uses 2010 as the base year.

Annual change in Gross Regional Product
Annual change in Gross Regional Product 2020, Average annual growth rate: -1.2% 2019, Average annual growth rate: -1.2% 2018, Average annual growth rate: -1.2% 2017, Average annual growth rate: -1.2% 2016, Average annual growth rate: -1.2% 2015, Average annual growth rate: -1.2% 2014, Average annual growth rate: -1.2% 2013, Average annual growth rate: -1.2% 2012, Average annual growth rate: -1.2% 2011, Average annual growth rate: -1.2% 2010, Average annual growth rate: -1.2% 2009, Average annual growth rate: -1.2% 2008, Average annual growth rate: -1.2% 2007, Average annual growth rate: -1.2% 2006, Average annual growth rate: -1.2% 2005, Average annual growth rate: -1.2% 2004, Average annual growth rate: -1.2% 2003, Average annual growth rate: -1.2% 2020, Regional SA: -1.8% 2019, Regional SA: 0.7% 2018, Regional SA: 0.0% 2017, Regional SA: 2.1% 2016, Regional SA: -1.8% 2015, Regional SA: 0.8% 2014, Regional SA: -0.8% 2013, Regional SA: -2.5% 2012, Regional SA: -3.6% 2011, Regional SA: -1.4% 2010, Regional SA: 1.3% 2009, Regional SA: 2.7% 2008, Regional SA: 7.4% 2007, Regional SA: -5.5% 2006, Regional SA: -0.8% 2005, Regional SA: 1.3% 2004, Regional SA: 1.0% 2003, Regional SA: -4.9% 2020, Mid North Region: -3.2% 2019, Mid North Region: -1.9% 2018, Mid North Region: 0.0% 2017, Mid North Region: 8.1% 2016, Mid North Region: -2.8% 2015, Mid North Region: 1.3% 2014, Mid North Region: -2.1% 2013, Mid North Region: -4.1% 2012, Mid North Region: -4.8% 2011, Mid North Region: -0.3% 2010, Mid North Region: 4.1% 2009, Mid North Region: 1.4% 2008, Mid North Region: 15.0% 2007, Mid North Region: -15.0% 2006, Mid North Region: -12.4% 2005, Mid North Region: -6.5% 2004, Mid North Region: -6.1% 2003, Mid North Region: -14.1%
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
Compiled and presented in economy.id by .id the population experts
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