Gross Regional Dpmestic Product of Sukabumi Municipality by Expenditures 2017-2021

Gross Regional Domestic Product is one of the economic data sets that can be used to evaluate the performance of economic development in an area (province or district/city). This data set can also be used for other purposes, such as as a basis for developing economic models in the context of formulating policies, accelerating the velocity of money (velocity of money), financial deepening, tax determination, export studies and imports and so on. This publication specifically discusses GRDP according to the final expenditure/demand approach in Sukabumi Municipality. This approach is broken down into several components, namely Household Consumption Expenditure, Government Consumption Expenditure, Investment (Gross Fixed Capital Formation and Changes in Inventory), and Net Exports/Imports. GRDP data in this publication and subsequent publications have used the 2010 base year, and have applied the 2008 System Of National Accounts concept as recommended by the United Nations.