City of South PerthEconomic profile
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City of South Perth

Gross Regional Product

City of South Perth’s Gross Regional Product was $2.72 billion in the year ending June 2018, growing 3.9% 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 City. 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

City of South Perth - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20182,716+3.92,0083,1100.65
20172,614-4.12,0043,1550.64
20162,726+6.02,1253,3300.64
20152,573+1.12,1943,5690.61
20142,544+3.52,2363,6860.61
20132,457+4.42,1773,6050.60
20122,355+8.32,1813,5570.61
20112,174+4.72,1013,3380.63
20102,076+0.91,9503,0800.63
20092,05701,9553,0570.64
20082,057+5.01,9092,9480.65
20071,959+6.81,7282,6550.65
20061,835+4.41,5852,4210.65
20051,758+3.21,5262,3690.64
20041,703+1.11,4032,2600.62
20031,685+6.01,3092,1600.61
20021,589+4.91,2632,0870.61
20011,515--1,1961,9290.62

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

City of South Perth - Gross Regional Product
City of South Perth - Gross Regional Product 2001, Resident GRP: 1,929 million 2002, Resident GRP: 2,087 million 2003, Resident GRP: 2,160 million 2004, Resident GRP: 2,260 million 2005, Resident GRP: 2,369 million 2006, Resident GRP: 2,421 million 2007, Resident GRP: 2,655 million 2008, Resident GRP: 2,948 million 2009, Resident GRP: 3,057 million 2010, Resident GRP: 3,080 million 2011, Resident GRP: 3,338 million 2012, Resident GRP: 3,557 million 2013, Resident GRP: 3,605 million 2014, Resident GRP: 3,686 million 2015, Resident GRP: 3,569 million 2016, Resident GRP: 3,330 million 2017, Resident GRP: 3,155 million 2018, Resident GRP: 3,110 million 2001, Industry GRP: 1,196 million 2002, Industry GRP: 1,263 million 2003, Industry GRP: 1,309 million 2004, Industry GRP: 1,403 million 2005, Industry GRP: 1,526 million 2006, Industry GRP: 1,585 million 2007, Industry GRP: 1,728 million 2008, Industry GRP: 1,909 million 2009, Industry GRP: 1,955 million 2010, Industry GRP: 1,950 million 2011, Industry GRP: 2,101 million 2012, Industry GRP: 2,181 million 2013, Industry GRP: 2,177 million 2014, Industry GRP: 2,236 million 2015, Industry GRP: 2,194 million 2016, Industry GRP: 2,125 million 2017, Industry GRP: 2,004 million 2018, Industry GRP: 2,008 million 2001, Headline GRP: 1,515 million 2002, Headline GRP: 1,589 million 2003, Headline GRP: 1,685 million 2004, Headline GRP: 1,703 million 2005, Headline GRP: 1,758 million 2006, Headline GRP: 1,835 million 2007, Headline GRP: 1,959 million 2008, Headline GRP: 2,057 million 2009, Headline GRP: 2,057 million 2010, Headline GRP: 2,076 million 2011, Headline GRP: 2,174 million 2012, Headline GRP: 2,355 million 2013, Headline GRP: 2,457 million 2014, Headline GRP: 2,544 million 2015, Headline GRP: 2,573 million 2016, Headline GRP: 2,726 million 2017, Headline GRP: 2,614 million 2018, Headline GRP: 2,716 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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