City of Perth

Gross product

The City of Perth's Gross Regional Product was $51,785m in 2023/24.
The Gross Regional Product of an area is the equivalent of Gross Domestic Product, but for a smaller area. It is the amount of the nation’s wealth which is generated by businesses, organisations and individuals working in the area. This dataset is derived from the National Economics microsimulation model, and is a broad indicator of the growth or decline of the local economy over time. Data are presented for each year back to 2001.
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Gross Regional Product (GRP)
City of PerthWestern Australia
Year (ending June 30)GRP $m% change from previous yearCumulative changeGRP $m% change from previous yearCumulative changeCity of Perth as a % of Western Australia
202451,785+0.39289+444,221.65-0.41+236.7211.66
202351,581+3.80288+446,068.13+3.67+237.7111.56
202249,695+9.88277+430,294.71+2.51+229.3011.55
202145,225+10.79252+419,775.86+3.35+223.7010.77
202040,819+2.78228+406,182.04+1.32+216.4510.05
201939,713+2.57222+400,900.68+1.70+213.649.91
201838,718+7.15216+394,200.72+2.26+210.079.82
201736,136-5.67202+385,477.76-0.94+205.429.37
201638,308-4.10214+389,136.33+1.10+207.379.84
201539,944-3.83223+384,890.03+2.30+205.1110.38
201441,534+1.96232+376,225.20+5.68+200.4911.04
201340,735+5.29227+356,003.30+5.95+189.7111.44
201238,689+11.78216+336,010.22+8.18+179.0611.51
201134,613+7.48193+310,606.85+4.66+165.5211.14
201032,203+2.63180+296,783.60+5.90+158.1510.85
200931,380+1.77175+280,260.69+2.37+149.3511.20
200830,835+10.40172+273,767.81+5.12+145.8911.26
200727,930+7.53156+260,436.87+6.49+138.7910.72
200625,973+8.17145+244,562.44+4.80+130.3310.62
200524,012+3.23134+233,352.43+3.66+124.3510.29
200423,260+9.68130+225,109.31+7.12+119.9610.33
200321,207+5.98118+210,145.56+5.13+111.9910.09
200220,011+11.64112+199,893.64+6.52+106.5210.01
200117,925--100+187,654.30--+100.009.55

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Note: All $ values are expressed in 2022/23 base year dollar terms.

Please refer to specific data notes for more information

City of Perth

economic profile