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Tablelands

Gross Regional Product

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

You may notice some changes to current and past data. Learn more about these changes.

Tablelands’s Gross Regional Product was $1.20 billion in the year ending June 2017, growing 1.4% 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
20171,195+1.47327900.93
20161,179-2.87888390.94
20151,212-2.48398830.95
20141,243-1.98819110.97
20131,267-1.49329430.99
20121,285-0.49489401.01
20111,289-5.99479331.01
20101,370+2.99569261.03
20091,331+7.89589441.01
20081,235+3.49129031.01
20071,194+5.48698551.02
20061,133+6.98178031.02
20051,059+8.47397261.02
2004977+3.16646551.01
2003948+0.16226111.02
2002947+1.46466301.03
2001934--6185981.03

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

Tablelands - Gross Regional Product
Tablelands - Gross Regional Product 2001, Resident GRP: 598 million 2002, Resident GRP: 630 million 2003, Resident GRP: 611 million 2004, Resident GRP: 655 million 2005, Resident GRP: 726 million 2006, Resident GRP: 803 million 2007, Resident GRP: 855 million 2008, Resident GRP: 903 million 2009, Resident GRP: 944 million 2010, Resident GRP: 926 million 2011, Resident GRP: 933 million 2012, Resident GRP: 940 million 2013, Resident GRP: 943 million 2014, Resident GRP: 911 million 2015, Resident GRP: 883 million 2016, Resident GRP: 839 million 2017, Resident GRP: 790 million 2001, Industry GRP: 618 million 2002, Industry GRP: 646 million 2003, Industry GRP: 622 million 2004, Industry GRP: 664 million 2005, Industry GRP: 739 million 2006, Industry GRP: 817 million 2007, Industry GRP: 869 million 2008, Industry GRP: 912 million 2009, Industry GRP: 958 million 2010, Industry GRP: 956 million 2011, Industry GRP: 947 million 2012, Industry GRP: 948 million 2013, Industry GRP: 932 million 2014, Industry GRP: 881 million 2015, Industry GRP: 839 million 2016, Industry GRP: 788 million 2017, Industry GRP: 732 million 2001, Headline GRP: 934 million 2002, Headline GRP: 947 million 2003, Headline GRP: 948 million 2004, Headline GRP: 977 million 2005, Headline GRP: 1,059 million 2006, Headline GRP: 1,133 million 2007, Headline GRP: 1,194 million 2008, Headline GRP: 1,235 million 2009, Headline GRP: 1,331 million 2010, Headline GRP: 1,370 million 2011, Headline GRP: 1,289 million 2012, Headline GRP: 1,285 million 2013, Headline GRP: 1,267 million 2014, Headline GRP: 1,243 million 2015, Headline GRP: 1,212 million 2016, Headline GRP: 1,179 million 2017, Headline GRP: 1,195 million
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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