Gross Domestic Regional Bruto of Belitung Regency by Expenditure 2019-2023

Gross Regional Domestic Product (GRDP) is a set of economic data that can be used to evaluate the economic development performance of a region (province or district/city) in a certain period of time. The calculation of GRDP is carried out through three approaches, namely: the production/supply approach (GDP by business/industry), the final expenditure/demand approach (GRDP by expenditure/expenditure), and the income approach (GRDP by income/income). This publication specifically discusses regarding GRDP with the final expenditure/demand approach. This approach is broken down into several components, namely: Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions serving Households, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Changes in Inventory), Foreign Exports, Foreign Imports, and Net Exports Between Regions (exports between regions minus imports between regions). GRDP data in this publication uses the base year 2010 and has implemented the 2008 System of National Accounts concept according to the recommendations of the United Nations.