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Southern Flinders Region

Gross Regional Product

Southern Flinders Region’s Gross Regional Product was $1.25 billion in the year ending June 2018, growing 1.1% 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 Flinders Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20181,245+1.17197181.00
20171,231+6.57177400.97
20161,156-4.17868510.92
20151,205+3.58749420.93
20141,164-1.68769510.92
20131,183-3.38719540.91
20121,223-4.19241,0050.92
20111,276-4.79341,0120.92
20101,339+3.69089870.92
20091,291+3.89129950.92
20081,244+3.79241,0120.91
20071,199-1.28759580.91
20061,214+2.48298960.92
20051,186+2.08178740.94
20041,163+0.17858280.95
20031,162-0.27617960.95
20021,165+6.47908140.97
20011,095--7437660.97

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 Flinders Region - Gross Regional Product
Southern Flinders Region - Gross Regional Product 2001, Resident GRP: 766 million 2002, Resident GRP: 814 million 2003, Resident GRP: 796 million 2004, Resident GRP: 828 million 2005, Resident GRP: 874 million 2006, Resident GRP: 896 million 2007, Resident GRP: 958 million 2008, Resident GRP: 1,012 million 2009, Resident GRP: 995 million 2010, Resident GRP: 987 million 2011, Resident GRP: 1,012 million 2012, Resident GRP: 1,005 million 2013, Resident GRP: 954 million 2014, Resident GRP: 951 million 2015, Resident GRP: 942 million 2016, Resident GRP: 851 million 2017, Resident GRP: 740 million 2018, Resident GRP: 718 million 2001, Industry GRP: 743 million 2002, Industry GRP: 790 million 2003, Industry GRP: 761 million 2004, Industry GRP: 785 million 2005, Industry GRP: 817 million 2006, Industry GRP: 829 million 2007, Industry GRP: 875 million 2008, Industry GRP: 924 million 2009, Industry GRP: 912 million 2010, Industry GRP: 908 million 2011, Industry GRP: 934 million 2012, Industry GRP: 924 million 2013, Industry GRP: 871 million 2014, Industry GRP: 876 million 2015, Industry GRP: 874 million 2016, Industry GRP: 786 million 2017, Industry GRP: 717 million 2018, Industry GRP: 719 million 2001, Headline GRP: 1,095 million 2002, Headline GRP: 1,165 million 2003, Headline GRP: 1,162 million 2004, Headline GRP: 1,163 million 2005, Headline GRP: 1,186 million 2006, Headline GRP: 1,214 million 2007, Headline GRP: 1,199 million 2008, Headline GRP: 1,244 million 2009, Headline GRP: 1,291 million 2010, Headline GRP: 1,339 million 2011, Headline GRP: 1,276 million 2012, Headline GRP: 1,223 million 2013, Headline GRP: 1,183 million 2014, Headline GRP: 1,164 million 2015, Headline GRP: 1,205 million 2016, Headline GRP: 1,156 million 2017, Headline GRP: 1,231 million 2018, Headline GRP: 1,245 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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