Gross Domestic Regional Product of Payakumbuh Municipality by Expenditure 2014-2018 - BPS-Statistics Indonesia Payakumbuh Municipality

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Gross Domestic Regional Product of Payakumbuh Municipality by Expenditure 2014-2018

Catalog Number : 9302020.1376
Publication Number : 13760.1903
ISSN/ISBN : 
Publishing Frequency : Annualy
Release Date : September 6, 2019
Language : Indonesian and English
File Size : 4.96 MB

Abstract

Gross Regional Domestic Product (GRDP) is one of the economic data tools that can be used to
evaluate the performance of the economic development of a region (province and district/city). This
data set can also be used for other purposes, such as the development of basic economic models in
order to formulate policies, money supply rate acceleration (velocity of money), financial deepening,
tax assessment, assessment of export and import and some other things.
According to macroeconomic theory, the GRDP’s calculation can be done through three
approaches, namely: production/supply approach (GRDP by Business Sector/Industry),
expenditure/final demand approach (GRDP by expenditure) and the income approach (GRDP by
income). Those approaches will yield the same GRDP figures theoretically.
This publication specifically addresses the GRDP by expenditure approach/final demand. This
approach is broken down into several components, namely: Household Consumption Expenditure,
Consumption Expenditures of Non-Profit Institutions Serving Households, Government Consumption,
Investment (Gross Fixed Capital Formation and Changes in Inventory), as well as Exports and Imports.
GRDP data in this publication and subsequent publications using the base year 2010, and has
implemented the concept of the System of National Accounts 2008 as recommended by the United
Nations.

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Telp (62-752) 92264

Mailbox : bps1376@bps.go.id

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