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Tablelands

Gross Regional Product

Tablelands’s Gross Regional Product was $1.39 billion in the year ending June 2019, growing 1.0% 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 Regional Council. 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

Tablelands - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20191,389+1.09691,0260.94
20181,376+2.09501,0100.94
20171,350+3.39541,0030.95
20161,306-0.49479990.95
20151,312-0.69499930.96
20141,320-1.79369660.97
20131,34309459550.99
20121,344+0.89449341.01
20111,333-3.59589491.01
20101,381+1.29699311.04
20091,365+5.39389201.02
20081,297+6.38728721.00
20071,220+5.48238171.01
20061,157+4.27787731.01
20051,111+6.27317221.01
20041,046+5.06776691.01
2003996+0.96356261.01
2002987+4.26606481.02
2001947--6045891.03

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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

Tablelands - Gross Regional Product
Tablelands - Gross Regional Product 2001, Resident GRP: 589 million 2002, Resident GRP: 648 million 2003, Resident GRP: 626 million 2004, Resident GRP: 669 million 2005, Resident GRP: 722 million 2006, Resident GRP: 773 million 2007, Resident GRP: 817 million 2008, Resident GRP: 872 million 2009, Resident GRP: 920 million 2010, Resident GRP: 931 million 2011, Resident GRP: 949 million 2012, Resident GRP: 934 million 2013, Resident GRP: 955 million 2014, Resident GRP: 966 million 2015, Resident GRP: 993 million 2016, Resident GRP: 999 million 2017, Resident GRP: 1,003 million 2018, Resident GRP: 1,010 million 2019, Resident GRP: 1,026 million 2001, Industry GRP: 604 million 2002, Industry GRP: 660 million 2003, Industry GRP: 635 million 2004, Industry GRP: 677 million 2005, Industry GRP: 731 million 2006, Industry GRP: 778 million 2007, Industry GRP: 823 million 2008, Industry GRP: 872 million 2009, Industry GRP: 938 million 2010, Industry GRP: 969 million 2011, Industry GRP: 958 million 2012, Industry GRP: 944 million 2013, Industry GRP: 945 million 2014, Industry GRP: 936 million 2015, Industry GRP: 949 million 2016, Industry GRP: 947 million 2017, Industry GRP: 954 million 2018, Industry GRP: 950 million 2019, Industry GRP: 969 million 2001, Headline GRP: 947 million 2002, Headline GRP: 987 million 2003, Headline GRP: 996 million 2004, Headline GRP: 1,046 million 2005, Headline GRP: 1,111 million 2006, Headline GRP: 1,157 million 2007, Headline GRP: 1,220 million 2008, Headline GRP: 1,297 million 2009, Headline GRP: 1,365 million 2010, Headline GRP: 1,381 million 2011, Headline GRP: 1,333 million 2012, Headline GRP: 1,344 million 2013, Headline GRP: 1,343 million 2014, Headline GRP: 1,320 million 2015, Headline GRP: 1,312 million 2016, Headline GRP: 1,306 million 2017, Headline GRP: 1,350 million 2018, Headline GRP: 1,376 million 2019, Headline GRP: 1,389 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

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