Gross Regional Domestic Product of Lubuklinggau Municipality by Expenditures 2016-2020

Gross Regional Domestic Product (GRDP) is an economic data set that can be used to evaluate the performance of economic development in a region (province and district/city). This data set can also be used for other purposes and purposes, such as the basis for developing economic models in order to formulate policies, velocity of money, financial deepening, tax determination, export studies, and imports, and so on.This publication deals specifically with GRDP according to the final expenditure/demand approach. This approach is broken down into several components namely : Household Consumption Expenditures, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Inventory Changes), Exports and Imports. GRDP data in this publication and subsequent publications use the 2010 base year, and have applied the concept ot the 2008 System of National Accounts recommended by the United Nations.