Gross Regional Domestic Product of Luwu Utara Regency by Expenditures 2019-2023

Gross Regional Domestic Product according to expenditure (GRDP Expenditure) is one form of displaying economic data for a region, in addition to other forms of display such as GRDP by business field, Input-Output Table, Socio-Economic Balance System, and Fund Flow Balance. In a region's economic data framework system, GRDP Expenditure is a basic measure that describes the use of goods and services (products) produced through production activities. In this context, GRDP expenditure describes the "final" results of the production process that takes place within the territorial boundaries of a region. These various types of final goods and services will be used to meet final demand by domestic economic actors as well as economic actors from outside the region and even from abroad. Several important aggregates can be derived from GRDP Expenditure, such as the Final Consumption Expenditure variable, gross fixed capital formation or physical investment, as well as exports and imports.