Gross Regional Domestic Product of Surakarta Municipality by Expenditure 2020–2024

Publication of Gross Regional Domestic Product (GRDP) According to Expenditure is a routine publication of BPS Surakarta City which contains one of the economic data tools and can be used to evaluate the performance of economic development of a region and is calculated using the expenditure approach. Through this approach, GRDP is detailed according to expenditure components, namely Household Consumption Expenditure, Consumption Expenditure of Non-Profit Institutions Serving Households (LNPRT), Government Consumption Expenditure (PKP), Gross Fixed Capital Formation (PMTB), Changes in Inventory and Net Exports. GRDP can also be used as a basis for developing economic models in order to formulate policies, the rate of acceleration of money in circulation (velocity of money), financial deepening, tax determination, export and import studies, and so on.