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Wagga Wagga City

Gross Regional Product

Wagga Wagga City’s Gross Regional Product was $3.75 billion in the year ending June 2017, declining -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 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
20173,753-1.43,0433,0381.00
20163,807+1.23,0793,0451.01
20153,763+1.23,0313,0031.01
20143,720-0.32,9692,9321.01
20133,732+0.12,9642,9211.01
20123,728-0.52,9982,9631.01
20113,745+2.82,9532,9181.01
20103,644+2.92,7952,7521.02
20093,540+3.32,7292,6781.02
20083,426+1.02,7122,6611.02
20073,394-0.92,5792,5361.02
20063,423+0.52,4802,4471.01
20053,406+2.22,4162,3821.01
20043,333+5.52,2712,2411.01
20033,159+2.02,1372,1181.01
20023,096+1.02,1252,1151.00
20013,065--2,1152,1081.00

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

Wagga Wagga City - Gross Regional Product
Wagga Wagga City - Gross Regional Product 2001, Resident GRP: 2,108 million 2002, Resident GRP: 2,115 million 2003, Resident GRP: 2,118 million 2004, Resident GRP: 2,241 million 2005, Resident GRP: 2,382 million 2006, Resident GRP: 2,447 million 2007, Resident GRP: 2,536 million 2008, Resident GRP: 2,661 million 2009, Resident GRP: 2,678 million 2010, Resident GRP: 2,752 million 2011, Resident GRP: 2,918 million 2012, Resident GRP: 2,963 million 2013, Resident GRP: 2,921 million 2014, Resident GRP: 2,932 million 2015, Resident GRP: 3,003 million 2016, Resident GRP: 3,045 million 2017, Resident GRP: 3,038 million 2001, Industry GRP: 2,115 million 2002, Industry GRP: 2,125 million 2003, Industry GRP: 2,137 million 2004, Industry GRP: 2,271 million 2005, Industry GRP: 2,416 million 2006, Industry GRP: 2,480 million 2007, Industry GRP: 2,579 million 2008, Industry GRP: 2,712 million 2009, Industry GRP: 2,729 million 2010, Industry GRP: 2,795 million 2011, Industry GRP: 2,953 million 2012, Industry GRP: 2,998 million 2013, Industry GRP: 2,964 million 2014, Industry GRP: 2,969 million 2015, Industry GRP: 3,031 million 2016, Industry GRP: 3,079 million 2017, Industry GRP: 3,043 million 2001, Headline GRP: 3,065 million 2002, Headline GRP: 3,096 million 2003, Headline GRP: 3,159 million 2004, Headline GRP: 3,333 million 2005, Headline GRP: 3,406 million 2006, Headline GRP: 3,423 million 2007, Headline GRP: 3,394 million 2008, Headline GRP: 3,426 million 2009, Headline GRP: 3,540 million 2010, Headline GRP: 3,644 million 2011, Headline GRP: 3,745 million 2012, Headline GRP: 3,728 million 2013, Headline GRP: 3,732 million 2014, Headline GRP: 3,720 million 2015, Headline GRP: 3,763 million 2016, Headline GRP: 3,807 million 2017, Headline GRP: 3,753 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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