Gross Regional Domestic Product of Kepulauan Bangka Belitung Province by Expenditure 2016-2020

Gross Regional Domestic Product (GRDP) is an economic indicator that can be used to evaluate the economic development performance of a region (province and district / city) in a certain time period. This data can also be used as a basis for developing economic models in order to formulate policy, velocity of money, financial sector deepening, physical investment development (ICOR), export and import studies, and so on. .The calculation of GRDP is carried out through three approaches, namely: the production / supply approach (PDRB according to business / industry), the final expenditure / demand approach (PDRB according to expenditure), and the income approach (PDRB according to income).This publication specifically discusses GRDP with the final expenditure / demand approach. This approach is broken down into several components, namely: Household Consumption Expenditures, Consumption Expenditures for Nonprofit Institutions serving Households, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Inventory Changes), Foreign Exports, Foreign Imports, and Inter-Net Exports. Regions (exports between regions reduced by imports between regions). The GRDP data in this publication uses the 2010 base year and has implemented the 2008 System of National Accounts concept as recommended by the United Nations.