Gross Regional Domestic Product of Sumatera Utara Province by Expenditure 2015-2019

Gross Regional Domestic Product (GRDP) is one of economic indicator that can be used to evaluate the performance of economic development. This indicator can be used as a basis for developing various policy formulations in the economic field. Sumatera Utara”s GRDP calculation is done through two approaches, namely in terms of business field (industry) and expenditure.“Gross Regional Domestic Product of Sumatera Utara Province by Expenditure 2015-2019” is an annual publication. This publication specifically addresses the GRDP according to the final expenditure / demand approach. This approach is broken down into several components, namely: Household Consumption Expenditures, ConsumptionExp enditures of Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Changes in Inventory), Exports and Imports.