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

Gross Regional Domestic Product (GDP) is one of the economic data tools that can be used to evaluate economic development performance of a region (provinces and districts/cities). This data device can also be used for other purposes, such as basis for the development of economic models in order to develop policy formulations, level of money supply acceleration (velocity of money), financial sector deepening (financial deepening), tax determination, export and import studies and so on. This publication specifically discusses GDP according to the spending approach. This approach is detailed into several components, namely: Household Consumption Expenditure, Consumption Expenditure of Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investment (Establishment of Gross Fixed Capital and Inventory Changes), and Net Exports (Export-Import). GDP data in this publication as well as subsequent publications using 2010 base year, and has implemented the concept of System of National Accounts 2008 as recommended by the United Nations.