Gross Regional Domestic Product of Tolikara Regency by Expenditure 2014-2018

Gross Regional Domestic Product (GRDP) is the gross value added of all goods and services that are created or produced in the domestic territory of a country arising from various economic activities in a given period regardless of whether the production factor is owned by residents or non-residents. According to economic 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), and the income approach (GRDP according to Income / income) . All three approaches in calculation will theoretically produce the same GRDP figures.