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Tablelands

Gross Regional Product

Tablelands’s Gross Regional Product was $1.32 billion in the year ending June 2018, growing 3.2% 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 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
20181,317+3.27567990.95
20171,276+3.97467970.94
20161,228-1.07928410.94
20151,240-0.68418830.95
20141,248+0.38799100.97
20131,245+0.59199320.99
20121,238+1.19369281.01
20111,225-3.19449311.01
20101,265+0.19288901.04
20091,264+2.59439281.02
20081,234+3.99109131.00
20071,187+4.88608621.00
20061,132+7.18178131.00
20051,057+8.57427381.00
2004974+4.76626611.00
2003931-0.86166121.01
2002938+4.06476341.02
2001903--6055901.02

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

Tablelands - Gross Regional Product
Tablelands - Gross Regional Product 2001, Resident GRP: 590 million 2002, Resident GRP: 634 million 2003, Resident GRP: 612 million 2004, Resident GRP: 661 million 2005, Resident GRP: 738 million 2006, Resident GRP: 813 million 2007, Resident GRP: 862 million 2008, Resident GRP: 913 million 2009, Resident GRP: 928 million 2010, Resident GRP: 890 million 2011, Resident GRP: 931 million 2012, Resident GRP: 928 million 2013, Resident GRP: 932 million 2014, Resident GRP: 910 million 2015, Resident GRP: 883 million 2016, Resident GRP: 841 million 2017, Resident GRP: 797 million 2018, Resident GRP: 799 million 2001, Industry GRP: 605 million 2002, Industry GRP: 647 million 2003, Industry GRP: 616 million 2004, Industry GRP: 662 million 2005, Industry GRP: 742 million 2006, Industry GRP: 817 million 2007, Industry GRP: 860 million 2008, Industry GRP: 910 million 2009, Industry GRP: 943 million 2010, Industry GRP: 928 million 2011, Industry GRP: 944 million 2012, Industry GRP: 936 million 2013, Industry GRP: 919 million 2014, Industry GRP: 879 million 2015, Industry GRP: 841 million 2016, Industry GRP: 792 million 2017, Industry GRP: 746 million 2018, Industry GRP: 756 million 2001, Headline GRP: 903 million 2002, Headline GRP: 938 million 2003, Headline GRP: 931 million 2004, Headline GRP: 974 million 2005, Headline GRP: 1,057 million 2006, Headline GRP: 1,132 million 2007, Headline GRP: 1,187 million 2008, Headline GRP: 1,234 million 2009, Headline GRP: 1,264 million 2010, Headline GRP: 1,265 million 2011, Headline GRP: 1,225 million 2012, Headline GRP: 1,238 million 2013, Headline GRP: 1,245 million 2014, Headline GRP: 1,248 million 2015, Headline GRP: 1,240 million 2016, Headline GRP: 1,228 million 2017, Headline GRP: 1,276 million 2018, Headline GRP: 1,317 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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