Waverley Local Government Area (LGA)Economic profile
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Waverley Council area

Gross Regional Product

Waverley Council area’s Gross Regional Product was $4.81 billion in the year ending June 2018, growing 3.0% 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 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

Waverley Council area - Gross Regional Product measures
Year ending JuneHeadline GRP $m% change from previous yearLocal industry GRP $mLocal residents GRP $mLocal industry to residents ratio
20184,808+3.05,0407,6140.66
20174,669+1.64,8477,3410.66
20164,595+3.84,7207,1430.66
20154,426+4.94,5936,9390.66
20144,219+5.04,3416,6350.65
20134,018+1.84,1006,2850.65
20123,948-0.34,1556,3930.65
20113,962+2.44,1836,2930.66
20103,870+2.83,9685,9580.67
20093,765-1.13,9255,9110.66
20083,808+4.33,9725,9310.67
20073,652+1.63,6855,5570.66
20063,596+0.13,5475,2920.67
20053,593+3.23,5765,1380.70
20043,483+5.03,3154,7280.70
20033,317+3.93,0714,4970.68
20023,192+0.72,9354,3860.67
20013,169--3,0054,4910.67

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

Waverley Council area - Gross Regional Product
Waverley Council area - Gross Regional Product 2001, Resident GRP: 4,491 million 2002, Resident GRP: 4,386 million 2003, Resident GRP: 4,497 million 2004, Resident GRP: 4,728 million 2005, Resident GRP: 5,138 million 2006, Resident GRP: 5,292 million 2007, Resident GRP: 5,557 million 2008, Resident GRP: 5,931 million 2009, Resident GRP: 5,911 million 2010, Resident GRP: 5,958 million 2011, Resident GRP: 6,293 million 2012, Resident GRP: 6,393 million 2013, Resident GRP: 6,285 million 2014, Resident GRP: 6,635 million 2015, Resident GRP: 6,939 million 2016, Resident GRP: 7,143 million 2017, Resident GRP: 7,341 million 2018, Resident GRP: 7,614 million 2001, Industry GRP: 3,005 million 2002, Industry GRP: 2,935 million 2003, Industry GRP: 3,071 million 2004, Industry GRP: 3,315 million 2005, Industry GRP: 3,576 million 2006, Industry GRP: 3,547 million 2007, Industry GRP: 3,685 million 2008, Industry GRP: 3,972 million 2009, Industry GRP: 3,925 million 2010, Industry GRP: 3,968 million 2011, Industry GRP: 4,183 million 2012, Industry GRP: 4,155 million 2013, Industry GRP: 4,100 million 2014, Industry GRP: 4,341 million 2015, Industry GRP: 4,593 million 2016, Industry GRP: 4,720 million 2017, Industry GRP: 4,847 million 2018, Industry GRP: 5,040 million 2001, Headline GRP: 3,169 million 2002, Headline GRP: 3,192 million 2003, Headline GRP: 3,317 million 2004, Headline GRP: 3,483 million 2005, Headline GRP: 3,593 million 2006, Headline GRP: 3,596 million 2007, Headline GRP: 3,652 million 2008, Headline GRP: 3,808 million 2009, Headline GRP: 3,765 million 2010, Headline GRP: 3,870 million 2011, Headline GRP: 3,962 million 2012, Headline GRP: 3,948 million 2013, Headline GRP: 4,018 million 2014, Headline GRP: 4,219 million 2015, Headline GRP: 4,426 million 2016, Headline GRP: 4,595 million 2017, Headline GRP: 4,669 million 2018, Headline GRP: 4,808 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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