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

Gross Regional Domestic Product (PDRB) is an economic data set that can be used to evaluate the performance of economic development in a region (province and district / city). This data set can also be used for other purposes and purposes, such as the basis for developing economic models in order to formulate policies, velocity of money, financial sector deepening, tax determination, export studies and imports and so on. According to macroeconomic theory, the calculation of GRDP can be done through three approaches, namely: the production / supply approach (PDRB according to business / industry), the final expenditure / demand approach (GDP according to expenditure) and the income approach (PDRB according to income). . The three calculation approaches will theoretically produce the same GRDP figure.