Gross Regional Domestic Product of Sikka Regency by Expenditures 2020–2024

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. According to macroeconomic theory, the calculation of GRDP can be carried out through three approaches, namely: the production/supply approach (GRDP by Business Sector), the expenditure/final demand approach (GRDP by Expenditure), and the income approach (GRDP by Income). Theoretically, all three calculation approaches will yield the same GRDP figure. This publication specifically discusses GRDP according to the expenditure/final demand approach. The GRDP data in this publication, as well as in subsequent publications, uses the base year 2010, and has applied the System of National Accounts 2008 concept as recommended by the United Nations.