City of Greater SheppartonEconomic profile
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City of Greater Shepparton

Gross product

This page has been updated with 2016-17 NIEIR-ID economic model data

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The City of Greater Shepparton's Gross Regional Product was $3,481m as of the 30th June 2017.

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 2017, City of Greater Shepparton: $3,481 million 2016, City of Greater Shepparton: $3,239 million 2015, City of Greater Shepparton: $3,189 million 2014, City of Greater Shepparton: $3,095 million 2013, City of Greater Shepparton: $3,072 million 2012, City of Greater Shepparton: $3,092 million 2011, City of Greater Shepparton: $3,115 million 2010, City of Greater Shepparton: $3,090 million 2009, City of Greater Shepparton: $3,065 million 2008, City of Greater Shepparton: $3,062 million 2007, City of Greater Shepparton: $2,977 million 2006, City of Greater Shepparton: $2,943 million 2005, City of Greater Shepparton: $2,913 million 2004, City of Greater Shepparton: $2,890 million 2003, City of Greater Shepparton: $2,793 million 2002, City of Greater Shepparton: $2,720 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Cumulative change in Gross Regional Product
Cumulative change in Gross Regional Product 2017, Victoria: 155.5% 2016, Victoria: 149.4% 2015, Victoria: 144.1% 2014, Victoria: 139.2% 2013, Victoria: 135.5% 2012, Victoria: 134.0% 2011, Victoria: 132.5% 2010, Victoria: 129.5% 2009, Victoria: 127.2% 2008, Victoria: 125.6% 2007, Victoria: 121.9% 2006, Victoria: 118.1% 2005, Victoria: 115.5% 2004, Victoria: 112.4% 2003, Victoria: 108.3% 2002, Victoria: 104.8% 2001, Victoria: 100.0% 2017, City of Greater Shepparton: 132.6% 2016, City of Greater Shepparton: 123.4% 2015, City of Greater Shepparton: 121.5% 2014, City of Greater Shepparton: 117.9% 2013, City of Greater Shepparton: 117.1% 2012, City of Greater Shepparton: 117.8% 2011, City of Greater Shepparton: 118.7% 2010, City of Greater Shepparton: 117.7% 2009, City of Greater Shepparton: 116.8% 2008, City of Greater Shepparton: 116.7% 2007, City of Greater Shepparton: 113.4% 2006, City of Greater Shepparton: 112.1% 2005, City of Greater Shepparton: 111.0% 2004, City of Greater Shepparton: 110.1% 2003, City of Greater Shepparton: 106.4% 2002, City of Greater Shepparton: 103.6% 2001, City of Greater Shepparton: 100.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Gross Regional Product (GRP)
City of Greater SheppartonVictoria
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Greater Shepparton as a % of Victoria
20173,481+7.5132.6404,213+4.1155.50.86
20163,239+1.6123.4388,341+3.7149.40.83
20153,189+3.0121.5374,655+3.5144.10.85
20143,095+0.8117.9361,952+2.8139.20.86
20133,072-0.6117.1352,155+1.1135.50.87
20123,092-0.8117.8348,431+1.2134.00.89
20113,115+0.8118.7344,383+2.3132.50.90
20103,090+0.8117.7336,608+1.8129.50.92
20093,065+0.1•••116.8330,755+1.3127.20.93
20083,062+2.9116.7326,443+3.1125.60.94
20072,977+1.1113.4316,745+3.2121.90.94
20062,943+1.0112.1306,894+2.2118.10.96
20052,913+0.8111.0300,322+2.8115.50.97
20042,890+3.5110.1292,136+3.7112.40.99
20032,793+2.7106.4281,624+3.3108.30.99
20022,720+3.6103.6272,527+4.8104.81.00
20012,624--100.0259,937--100.01.01

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts

Data are based on a 2015-16 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 2017, Average annual growth rate: 1.9% 2016, Average annual growth rate: 1.9% 2015, Average annual growth rate: 1.9% 2014, Average annual growth rate: 1.9% 2013, Average annual growth rate: 1.9% 2012, Average annual growth rate: 1.9% 2011, Average annual growth rate: 1.9% 2010, Average annual growth rate: 1.9% 2009, Average annual growth rate: 1.9% 2008, Average annual growth rate: 1.9% 2007, Average annual growth rate: 1.9% 2006, Average annual growth rate: 1.9% 2005, Average annual growth rate: 1.9% 2004, Average annual growth rate: 1.9% 2003, Average annual growth rate: 1.9% 2017, Victoria: 4.1% 2016, Victoria: 3.7% 2015, Victoria: 3.5% 2014, Victoria: 2.8% 2013, Victoria: 1.1% 2012, Victoria: 1.2% 2011, Victoria: 2.3% 2010, Victoria: 1.8% 2009, Victoria: 1.3% 2008, Victoria: 3.1% 2007, Victoria: 3.2% 2006, Victoria: 2.2% 2005, Victoria: 2.8% 2004, Victoria: 3.7% 2003, Victoria: 3.3% 2017, City of Greater Shepparton: 7.5% 2016, City of Greater Shepparton: 1.6% 2015, City of Greater Shepparton: 3.0% 2014, City of Greater Shepparton: 0.8% 2013, City of Greater Shepparton: -0.6% 2012, City of Greater Shepparton: -0.8% 2011, City of Greater Shepparton: 0.8% 2010, City of Greater Shepparton: 0.8% 2009, City of Greater Shepparton: 0.1% 2008, City of Greater Shepparton: 2.9% 2007, City of Greater Shepparton: 1.1% 2006, City of Greater Shepparton: 1.0% 2005, City of Greater Shepparton: 0.8% 2004, City of Greater Shepparton: 3.5% 2003, City of Greater Shepparton: 2.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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