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Yorke Peninsula Region

Gross Regional Product

Yorke Peninsula Region’s Gross Regional Product was $1.25 billion in the year ending June 2018, declining -5.2% 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

Yorke Peninsula Region - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20181,248-5.27567960.95
20171,317+6.87698130.95
20161,233-1.88659300.93
20151,256+2.89321,0150.92
20141,222-1.39281,0260.90
20131,238-3.49281,0360.90
20121,281-3.59781,0720.91
20111,327+0.59871,0730.92
20101,321+5.19341,0190.92
20091,257+5.19361,0230.92
20081,195+4.89371,0250.91
20071,141-13.19069700.93
20061,313-14.79911,0390.95
20051,538-9.91,1801,2350.96
20041,708-4.71,3081,3670.96
20031,791-12.21,3891,4490.96
20022,040+9.31,6501,7100.96
20011,866--1,4741,5170.97

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

Yorke Peninsula Region - Gross Regional Product
Yorke Peninsula Region - Gross Regional Product 2001, Resident GRP: 1,517 million 2002, Resident GRP: 1,710 million 2003, Resident GRP: 1,449 million 2004, Resident GRP: 1,367 million 2005, Resident GRP: 1,235 million 2006, Resident GRP: 1,039 million 2007, Resident GRP: 970 million 2008, Resident GRP: 1,025 million 2009, Resident GRP: 1,023 million 2010, Resident GRP: 1,019 million 2011, Resident GRP: 1,073 million 2012, Resident GRP: 1,072 million 2013, Resident GRP: 1,036 million 2014, Resident GRP: 1,026 million 2015, Resident GRP: 1,015 million 2016, Resident GRP: 930 million 2017, Resident GRP: 813 million 2018, Resident GRP: 796 million 2001, Industry GRP: 1,474 million 2002, Industry GRP: 1,650 million 2003, Industry GRP: 1,389 million 2004, Industry GRP: 1,308 million 2005, Industry GRP: 1,180 million 2006, Industry GRP: 991 million 2007, Industry GRP: 906 million 2008, Industry GRP: 937 million 2009, Industry GRP: 936 million 2010, Industry GRP: 934 million 2011, Industry GRP: 987 million 2012, Industry GRP: 978 million 2013, Industry GRP: 928 million 2014, Industry GRP: 928 million 2015, Industry GRP: 932 million 2016, Industry GRP: 865 million 2017, Industry GRP: 769 million 2018, Industry GRP: 756 million 2001, Headline GRP: 1,866 million 2002, Headline GRP: 2,040 million 2003, Headline GRP: 1,791 million 2004, Headline GRP: 1,708 million 2005, Headline GRP: 1,538 million 2006, Headline GRP: 1,313 million 2007, Headline GRP: 1,141 million 2008, Headline GRP: 1,195 million 2009, Headline GRP: 1,257 million 2010, Headline GRP: 1,321 million 2011, Headline GRP: 1,327 million 2012, Headline GRP: 1,281 million 2013, Headline GRP: 1,238 million 2014, Headline GRP: 1,222 million 2015, Headline GRP: 1,256 million 2016, Headline GRP: 1,233 million 2017, Headline GRP: 1,317 million 2018, Headline GRP: 1,248 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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