RDA Yorke and Mid North RegionEconomic profile
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RDA Yorke and Mid North Region

Gross Regional Product

RDA Yorke and Mid North Region’s Gross Regional Product was $3.65 billion in the year ending June 2018, declining -2.5% 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 Yorke and Mid North Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20183,652-2.52,0572,1070.98
20173,748+6.92,0722,1580.96
20163,506-1.62,3402,5010.94
20153,565+2.72,5452,7740.92
20143,470-1.82,5552,8410.90
20133,534-3.92,5592,8360.90
20123,678-4.32,7052,9200.93
20113,842-1.62,7472,9500.93
20103,906+4.52,6172,8230.93
20093,739+4.32,6152,8340.92
20083,583+5.02,6492,8750.92
20073,412-8.62,5422,7290.93
20063,733-9.52,6412,7980.94
20054,123-5.32,9463,1210.94
20044,353-4.63,1223,2940.95
20034,562-9.93,2603,4360.95
20025,064+7.53,7713,9430.96
20014,711--3,4153,5510.96

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

RDA Yorke and Mid North Region - Gross Regional Product
RDA Yorke and Mid North Region - Gross Regional Product 2001, Resident GRP: 3,551 million 2002, Resident GRP: 3,943 million 2003, Resident GRP: 3,436 million 2004, Resident GRP: 3,294 million 2005, Resident GRP: 3,121 million 2006, Resident GRP: 2,798 million 2007, Resident GRP: 2,729 million 2008, Resident GRP: 2,875 million 2009, Resident GRP: 2,834 million 2010, Resident GRP: 2,823 million 2011, Resident GRP: 2,950 million 2012, Resident GRP: 2,920 million 2013, Resident GRP: 2,836 million 2014, Resident GRP: 2,841 million 2015, Resident GRP: 2,774 million 2016, Resident GRP: 2,501 million 2017, Resident GRP: 2,158 million 2018, Resident GRP: 2,107 million 2001, Industry GRP: 3,415 million 2002, Industry GRP: 3,771 million 2003, Industry GRP: 3,260 million 2004, Industry GRP: 3,122 million 2005, Industry GRP: 2,946 million 2006, Industry GRP: 2,641 million 2007, Industry GRP: 2,542 million 2008, Industry GRP: 2,649 million 2009, Industry GRP: 2,615 million 2010, Industry GRP: 2,617 million 2011, Industry GRP: 2,747 million 2012, Industry GRP: 2,705 million 2013, Industry GRP: 2,559 million 2014, Industry GRP: 2,555 million 2015, Industry GRP: 2,545 million 2016, Industry GRP: 2,340 million 2017, Industry GRP: 2,072 million 2018, Industry GRP: 2,057 million 2001, Headline GRP: 4,711 million 2002, Headline GRP: 5,064 million 2003, Headline GRP: 4,562 million 2004, Headline GRP: 4,353 million 2005, Headline GRP: 4,123 million 2006, Headline GRP: 3,733 million 2007, Headline GRP: 3,412 million 2008, Headline GRP: 3,583 million 2009, Headline GRP: 3,739 million 2010, Headline GRP: 3,906 million 2011, Headline GRP: 3,842 million 2012, Headline GRP: 3,678 million 2013, Headline GRP: 3,534 million 2014, Headline GRP: 3,470 million 2015, Headline GRP: 3,565 million 2016, Headline GRP: 3,506 million 2017, Headline GRP: 3,748 million 2018, Headline GRP: 3,652 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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