Gross Regional Domestic Product of Surakarta Municipality by Expenditure 2016-2020

Gross Regional Domestic Product (GRDP) is an economic data set that can be used to evaluate the economic development performance of a region. GRDP can also be used as a basis for developing economic models in formulating policy formulations, velocity of money, financial deepening, tax determination, export and import studies, and so on. In this publication, the Expenditure GRDP is shown which is calculated using the expenditure approach. Through this approach, GRDP is broken down according to expenditure components, namely Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions Serving Households, Government Consumption Expenditures, Gross Fixed Capital Formation, Inventory Changes and Import Exports. Besides presenting the GRDP figure of Surakarta City according to expenditure, this publication also reviews a little of the global and national economic conditions, especially those related to Expenditure GRDP. We hope that this publication will be of benefit to all parties for the benefit of the economic development of the city of Surakarta in particular, both those developed by the government and the business community and society.