Gross Regional Domestic Product of Sulawesi Selatan Province by Expenditure 2015-2019

Gross Regional Domestic Product (GRDP) is one of the economic data tools that can be used to evaluate the economic development performance of a region (provincial or district / city). This data set can also be used for other purposes and purposes, such as the basis for developing economic models in order to formulate policy formulations, the velocity of money (velocity of money), financial deepening, tax determination, export studies and import and so on. According to macroeconomic theory, the calculation of GRDP can be done through three approaches, namely: the production / supply approach (GRDP according to Industry / Industry), the final expenditure / demand approach (GRDP according to Expenditure / expenditure) as well as the income approach (GRDP according to income) . All three approaches in calculation will theoretically produce the same GRDP figures.