Gross Regional Domestic Product of Sragen Regency by Expenditures 2019 - 2023

Gross Regional Domestic Product (GRDP) is one of the economic data that can be used to evaluate the economic development performance of a region. This data can also be used for other purposes and interests, such as a basis for developing economic models in the framework of formulating policies, the rate of acceleration of the money supply (velocity of money), financial deepening, tax setting, export and import studies. etc. This publication specifically discusses GRDP according to the expenditure approach. GRDP expenditure is broken down into several components, namely Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions Serving Households, Government Consumption Expenditures, Gross Fixed Capital Formation, Changes in Inventories and NetExports of Goods and Services. GRDP data in this publication uses the 2010 base year, and has implemented the 2008 System of National Accounts (SNA) concept as recommended by the United Nations.