Gross Domestic Regional Product of Lampung Tengah Regency by Expenditure , 2014-2018 - BPS-Statistics Indonesia Lampung Tengah Regency

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Gross Domestic Regional Product of Lampung Tengah Regency by Expenditure , 2014-2018

Catalog Number : 9302009.1805
Publication Number : 18050.1904
ISSN/ISBN : 978-623-7059-05-9
Publishing Frequency : Annualy
Release Date : September 6, 2019
Language : Indonesian and English
File Size : 3.34 MB

Abstract

Gross Regional Domestic Product (GRDP) is one of the economic data tools that can be used to evaluate the economic development performance of a district / city area. This data set can also be used for other purposes and purposes, such as the basis for developing economic models in order to formulate policy formulations, the velocity of money (velocity of money), financial deepening, tax determination, export studies and import and so on. According to macroeconomic theory, the calculation of GRDP can be done through three approaches, namely: the production / supply approach (GRDP according to Industry / Industry), the final expenditure / demand approach (GRDP according to Expenditure / expenditure) and the income approach (GRDP by income). All three approaches in calculation will theoretically produce the same GRDP figures. This publication specifically addresses the GRDP according to the final expenditure / demand approach. This approach is broken down into several components, namely: Household Consumption Expenditures, Consumption Expenditures of 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. GRDP data in this publication and subsequent publications using the 2010 base year, and have applied the concept of the System of National Accounts 2008 as recommended by the United Nations.
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