Gross Regional Domestic Product of Ogan Komering Ilir Regency by Expenditure 2020–2024

Gross Regional Domestic Product (GRDP) is one of the economic data tools that can be used to evaluate the development performance of a region (province or district/city). This data tool can also be used for various other purposes and interests, such as the development of economic models for policy formulation, analysis of money circulation speed (velocity of money), financial sector deepening (financial deepening), tax setting, export and import analysis, and so on.This publication specifically discusses GRDP based on the expenditure/aggregate demand approach. This approach is broken down into several components, namely Household Consumption Expenditures, Consumption Expenditures of Non-Profit Institutions Serving Households, Government Consumption Expenditures, Investments (Gross Fixed Capital Formation and Changes in Inventories), Exports and Imports. The GRDP data in this publication and subsequent publications uses the 2010 base year and has adopted the System of National Accounts 2008 concept as recommended by the United Nations.To all parties who have contributed to the realization of this publication, the highest appreciation is extended. The same goes to government institutions and private companies/agencies that have provided supporting data for the preparation of this publication — our sincere gratitude is conveyed. It is hoped that the cooperation that has been established so far can continue and be further improved in the future. It is acknowledged that the data and information presented in this publication still require refinement. Therefore, any constructive feedback is highly welcomed to improve the content of future publications. Ultimately, we hope this publication will be beneficial to all relevant parties.