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Wagga Wagga City

Gross Regional Product

Wagga Wagga City’s Gross Regional Product was $3.81 billion in the year ending June 2018, declining -0.2% 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 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

Wagga Wagga City - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20183,810-0.23,2303,0751.05
20173,819-0.53,1263,0611.02
20163,840-2.23,1293,0931.01
20153,925+3.23,1323,0871.01
20143,805+1.13,0513,0121.01
20133,765+0.93,0162,9831.01
20123,732-0.43,0433,0201.01
20113,748+2.82,9902,9611.01
20103,647+1.22,8082,7771.01
20093,604+2.82,7802,7611.01
20083,506+1.12,7872,7691.01
20073,467+1.22,6522,6231.01
20063,425+0.32,5042,4701.01
20053,416+2.82,4282,3911.02
20043,322+3.32,2692,2471.01
20033,217+2.02,1562,1471.00
20023,153+2.52,1582,1601.00
20013,076--2,1182,1151.00

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

Wagga Wagga City - Gross Regional Product
Wagga Wagga City - Gross Regional Product 2001, Resident GRP: 2,115 million 2002, Resident GRP: 2,160 million 2003, Resident GRP: 2,147 million 2004, Resident GRP: 2,247 million 2005, Resident GRP: 2,391 million 2006, Resident GRP: 2,470 million 2007, Resident GRP: 2,623 million 2008, Resident GRP: 2,769 million 2009, Resident GRP: 2,761 million 2010, Resident GRP: 2,777 million 2011, Resident GRP: 2,961 million 2012, Resident GRP: 3,020 million 2013, Resident GRP: 2,983 million 2014, Resident GRP: 3,012 million 2015, Resident GRP: 3,087 million 2016, Resident GRP: 3,093 million 2017, Resident GRP: 3,061 million 2018, Resident GRP: 3,075 million 2001, Industry GRP: 2,118 million 2002, Industry GRP: 2,158 million 2003, Industry GRP: 2,156 million 2004, Industry GRP: 2,269 million 2005, Industry GRP: 2,428 million 2006, Industry GRP: 2,504 million 2007, Industry GRP: 2,652 million 2008, Industry GRP: 2,787 million 2009, Industry GRP: 2,780 million 2010, Industry GRP: 2,808 million 2011, Industry GRP: 2,990 million 2012, Industry GRP: 3,043 million 2013, Industry GRP: 3,016 million 2014, Industry GRP: 3,051 million 2015, Industry GRP: 3,132 million 2016, Industry GRP: 3,129 million 2017, Industry GRP: 3,126 million 2018, Industry GRP: 3,230 million 2001, Headline GRP: 3,076 million 2002, Headline GRP: 3,153 million 2003, Headline GRP: 3,217 million 2004, Headline GRP: 3,322 million 2005, Headline GRP: 3,416 million 2006, Headline GRP: 3,425 million 2007, Headline GRP: 3,467 million 2008, Headline GRP: 3,506 million 2009, Headline GRP: 3,604 million 2010, Headline GRP: 3,647 million 2011, Headline GRP: 3,748 million 2012, Headline GRP: 3,732 million 2013, Headline GRP: 3,765 million 2014, Headline GRP: 3,805 million 2015, Headline GRP: 3,925 million 2016, Headline GRP: 3,840 million 2017, Headline GRP: 3,819 million 2018, Headline GRP: 3,810 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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