Gross Regional Domestic Product of Central Lampung Regency according to Expenditure 2019-2023

One important indicator to determine the economic conditions in a region/region in a certain period is Gross Regional Domestic Product (GRDP) data, both on the basis of current prices and on the basis of constant prices. GRDP is basically the amount of added value produced by all business units in a particular country, or the total value of final goods and services produced by all economic units.GRDP at current prices describes the added value of goods and services calculated using prices in effect each year. Meanwhile, GRDP based on constant prices shows the added value of goods and services which is calculated using prices existing in a particular year as a basis. GRDP based on current prices can be used to see shifts and economic structure. GRDP at constant prices is used to determine economic growth from period to period (year to year or quarter to quarter). In this publication the base year used is 2010 and this will reflect the current economic structure.