Gross Regional Domestic Product of Sumatera Utara Province by Expenditure 2020-2024

Catalog Number	:	9302002.12
Publication Number	:	12000.25014
ISSN/ISBN	:	2356-122x
Publishing Frequency	:	Annually
Release Date	:	April 11, 2025
Language	:	Indonesian and English
File Size	:	8.42 MB

Abstract

Economic growth is an increase in the ability of an economy to produce goods and services. In other words, economic growth refers more to quantitative changes and is usually measured using regional gross domestic product data or per capita output income. Economic growth is derived from the Gross Regional Domestic Product (GRDP). This indicator can also be used as a basis for formulating policies in the economic sector. Until now, the calculation of GRDP by the BPS-Statistics of Sumatera Utara Province has been carried out through two approaches, namely by industry and by expenditure.The publication of GRDP of Sumatera Utara Province by Expenditure 2020–2024 is a publication published annually. This publication specifically discusses GRDP according to the expenditure approach through final consumption activities and real investment. This approach is broken down into several components, namely: Household Consumption Expenditures, Consumption Expenditures for Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investment (Gross Fixed Capital Formation and Inventory Changes), Exports and Imports.

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BPS-Statistics Indonesia

Badan Pusat Statistik Provinsi Sumatera Utara (Statistics of Sumatera Utara Province)

Jl. Asrama No. 179 Medan 20123 Indonesia

Telp (62-61) 8452343

Faks (62-61) 8452773

Mailbox : pst1200@bps.go.id

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