Gross Regional Domestic Product of Pakpak Bharat Regency by Expenditures 2020 – 2024

Economic growth is an increase in the ability of an economy to produce goods and services. In other words, economic growth refers more to quantitative changes and is usually measured using regional gross domestic product data or per capita output income. Economic growth is derived from the Gross Regional Domestic Product (GRDP). This indicator can also be used as a basis for formulating policies in the economic sector. Until now, the calculation of GRDP by the BPS-Statistics of Pakpak Bharat Regencyhas been carried out through two approaches, namely by industry and by expenditure. The publication of GRDP of Pakpak Bharat Regency by Expenditure 2020–2024 is a publication published annually. This publication specifically discusses GRDP according to the expenditure approach through final consumption activities and real investment. This approach is broken down into several components, namely: Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Inventory Changes), Exports and Imports.