2015-08-18 Planning and Organisation Committee Attachment 1 to Item 8 AEC Noosa Economic Profile Final Report

Noosa Economic Profile
Final



3.        Economic
3.1       Gross Regional Product
           Gross Regional Product (GRP) in Noosa Shire was just under $2.6 billion in 2013-14.
           Growth of GRP in Noosa Shire over 2013-14 was 5.6%, compared to 1.8% and 2.3% for
            the SEQ Region and State respectively.
           Over the last five years GRP growth in Noosa Shire has averaged 2.4% per annum
            compared to 2.2% per annum for SEQ and 2.1% for Queensland as a whole.

          Figure 3.1: Noosa Shire Historical GRP and Growth Rate

                       $3,000                                                                                6.0%


                                                                                                             5.0%
                       $2,500


                                                                                                             4.0%
                       $2,000

                                                                                                             3.0%




                                                                                                                     % Growth
            GRP ($M)




                       $1,500
                                                                                                             2.0%

                       $1,000
                                                                                                             1.0%


                        $500
                                                                                                             0.0%


                          $0                                                                                 -1.0%
                                 2008-09        2009-10    2010-11       2011-12    2012-13      2013-14
                           Noosa LGA GRP ($M)       Noosa LGA % Growth      SEQ % Growth      Queens land % Growth

          Source: AEC (unpublished)




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