Gross Regional Domestic Product of Lubuklinggau Municipality by Expenditure 2015-2019

Gross Regional Domestic Product (GRDP) is one data set economics that can be used to evaluate the performance of an economic development region (provincial and district / city). This data device can also be used for other interests and objectives, such as the basis for developing economic models in the context of formulating policy formulations, the velocity of money supply (velocity of money), financial deepening, taxation, export studies and import, and so on. According to macroeconomic theory, GDP calculation can be done through three approaches, namely: production / supply approach (GDP according to business / industry), final expenditure / demand approach (GDP according to expenditure), as well as income approach (GDP by income). Third approach to counting in theory it will produce the same GDP number. This publication specifically addresses the GRDP according to the approach final expenditure / request. This approach is broken down into several components, namely: Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investment (Capital Formation Fixed Gross and Inventory Changes), Exports and Imports. GRDP data in this publication as well subsequent publications used the base year 2010, and have applied the concept System of National Accounts 2008 as recommended by the United Nations.