Gross Regional Domestic Product of Sumatera Barat by Expenditure Quarterly I 2016

Gross Regional Domestic Product (GDP) is one of the economic data that can be used to evaluate the performance of economic development of a region (province and regency/municipality). This data set can also be used for the benefit and other purposes, such as the basis for the development of economic models in order to formulate policies, an accelerating rate of money supply (velocity of money), the deepening of the financial sector (financial deepening), tax assessment, assessment of export and import and so on. According to macroeconomic theory, the calculation of the GDP can be done through three approaches, namely: approach the production / provision (GRDP by Industrial Origin/industry), expenditure approach / final demand (GDP according to the expenditure / expenditure) and the income approach (GRDP by revenue / income) , The third approach is the theoretical calculation will produce the GDP numbers are the same.