Gross Regional Domestic Product of Merangin Regency by Expenditure 2017-2021

According to macroeconomic theory, the calculation of GRDP can be done through three approaches, namely: the production/supply approach (GDP by business/industry), the final expenditure/demand approach (GRDP by expenditure/expenditure) and the income approach (GRDP by income/income). . The three calculation approaches will theoretically produce the same GRDP figure. This publication specifically discusses GRDP according to the final expenditure/demand approach. This approach is broken down into several components, namely: Household Consumption Expenditure, Consumption Expenditure for Non-Profit Institutions Serving Households, Government Consumption Expenditure, Investment (Gross Fixed Capital Formation and Changes in Inventory), Foreign Exports, Foreign Imports, and Net Exports Between Regions (exports between regions minus imports between regions). The 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.