Gross Regional Domestic Product of Manggarai Timur Regency by Expenditure 2018-2022

Gross Regional Domestic Product (GRDP) is one of the economic data sets that can be used to evaluate the economic development performance of a region, both provincial and district/city. This data set can also be used for other purposes and interests, such as as a basis for developing economic models in the framework of formulating policies, accelerating the rate of money supply (velocity of money), financial deepening, tax determination, export studies and import and so on.
According to macroeconomic theory, the calculation of GRDP can be carried out through three approaches, namely: the production/supply approach (GDP according to Business Field/industry), the expenditure/final demand approach (GDP according to expenditure) and the income approach (GDP according to income/income). . All three approachesthese calculations would theoretically produce the same GDP figure.
This publication specifically discusses GRDP according to the expenditure/final demand approach. This approach is broken down into several components, namely:Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions Serving Households, Government Consumption Expenditure, Investment (Gross Fixed Capital Formation and Changes in Inventory), Foreign Exports, Foreign Imports, and Inter-Regional Net Exports (exports between regions minus imports) between regions). GRDP data in this publication and subsequent publications uses the 2010 base year, and has implemented the 2008 System of National Accounts concept as recommended by the United Nations.