The Hills Shire CouncilEconomic profile
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The Hills Shire

Gross Regional Product

The Hills Shire’s Gross Regional Product was $10.91 billion in the year ending June 2018, growing 2.5% 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 Shire. 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

The Hills Shire - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
201810,913+2.59,25112,2670.75
201710,651+7.68,77711,4830.76
20169,902+7.98,35510,9830.76
20159,176+5.18,01910,5750.76
20148,732+3.17,62910,2410.74
20138,472+5.17,2979,7880.75
20128,063+2.37,3369,7470.75
20117,879+5.17,1879,6270.75
20107,496+3.66,7079,1680.73
20097,236+1.26,5598,9690.73
20087,152+3.66,6269,0920.73
20076,906+1.06,1388,6820.71
20066,838-1.65,9518,3740.71
20056,951-1.35,9688,1420.73
20047,044+2.65,6317,6880.73
20036,866+4.15,3777,1060.76
20026,594+3.55,2126,8180.76
20016,369--5,1786,7420.77

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

The Hills Shire - Gross Regional Product
The Hills Shire - Gross Regional Product 2001, Resident GRP: 6,742 million 2002, Resident GRP: 6,818 million 2003, Resident GRP: 7,106 million 2004, Resident GRP: 7,688 million 2005, Resident GRP: 8,142 million 2006, Resident GRP: 8,374 million 2007, Resident GRP: 8,682 million 2008, Resident GRP: 9,092 million 2009, Resident GRP: 8,969 million 2010, Resident GRP: 9,168 million 2011, Resident GRP: 9,627 million 2012, Resident GRP: 9,747 million 2013, Resident GRP: 9,788 million 2014, Resident GRP: 10,241 million 2015, Resident GRP: 10,575 million 2016, Resident GRP: 10,983 million 2017, Resident GRP: 11,483 million 2018, Resident GRP: 12,267 million 2001, Industry GRP: 5,178 million 2002, Industry GRP: 5,212 million 2003, Industry GRP: 5,377 million 2004, Industry GRP: 5,631 million 2005, Industry GRP: 5,968 million 2006, Industry GRP: 5,951 million 2007, Industry GRP: 6,138 million 2008, Industry GRP: 6,626 million 2009, Industry GRP: 6,559 million 2010, Industry GRP: 6,707 million 2011, Industry GRP: 7,187 million 2012, Industry GRP: 7,336 million 2013, Industry GRP: 7,297 million 2014, Industry GRP: 7,629 million 2015, Industry GRP: 8,019 million 2016, Industry GRP: 8,355 million 2017, Industry GRP: 8,777 million 2018, Industry GRP: 9,251 million 2001, Headline GRP: 6,369 million 2002, Headline GRP: 6,594 million 2003, Headline GRP: 6,866 million 2004, Headline GRP: 7,044 million 2005, Headline GRP: 6,951 million 2006, Headline GRP: 6,838 million 2007, Headline GRP: 6,906 million 2008, Headline GRP: 7,152 million 2009, Headline GRP: 7,236 million 2010, Headline GRP: 7,496 million 2011, Headline GRP: 7,879 million 2012, Headline GRP: 8,063 million 2013, Headline GRP: 8,472 million 2014, Headline GRP: 8,732 million 2015, Headline GRP: 9,176 million 2016, Headline GRP: 9,902 million 2017, Headline GRP: 10,651 million 2018, Headline GRP: 10,913 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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