Gross Regional Domestic Product of Pekalongan Municipality by Expenditure 2019-2023

This publication presents GRDP data according to expenditure from 2019 to 2023. This approach is broken down into several components, namely Household Consumption Expenditure, Consumption Expenditure of Non-Profit Institutions Serving Households, Government Consumption Expenditure, Investment (Gross Fixed Capital Formation and Changes in Inventories), Exports, Imports, and Inter-Regional Net Exports (inter-regional exports minus inter-regional imports). GRDP data in this publication uses the 2010 base year, already applying the 2008 System of National Accounts concept as recommended by the United Nations. Gross Regional Domestic Product (GRDP) is one of the economic data sets that can be used to evaluate the economic development performance of a region (province or regency/municipality). In addition, these data can be used as a basis for developing economic models in the context of formulating policies, accelerating rates of money supply (velocity of money), financial deepening, tax forecasts, studies of exports and imports and so on.