Gross Regional Domestic Product of Payakumbuh Municipality by Expenditure 2020-2024

Gross Regional Domestic Product (GRDP) is one of the economic data tools that can be usedto evaluate the performance of the economic development of a region (province and regency/municipality). This data set can also be used for other purposes, such as the development ofbasic economic models in order to formulate policies, money supply rate acceleration (velocityof money), financial deepening, tax assessment, assessment of export and import and someother things.The Gross Regional Domestic Product of Payakumbuh Municipality Province by Expenditurepublication specifically addresses the GRDP by expenditure approach/final demand. Thisapproach is broken down into several components, namely: Household ConsumptionExpenditure, Consumption Expenditures of Non-Profit Institutions Serving Households,Government Consumption, Investment (Gross Fixed Capital Formation and Changes inInventory), Export, Import, as well as Inter-regional Net Exports (inter-regional exports minusimports among regions). GRDP data in this publication and subsequent publications using thebase year 2010, and has implemented the concept of the System of National Accounts 2008 asrecommended by the United Nations.