Gross Regional Domestic Product of Bima Municipality by Expenditures 2020 - 2024

Gross Regional Domestic Product (GRDP) is one of the economic data tools that can be used to evaluate the performance of a region's economic development. This data tool can also be used for other interests and purposes, such as as a basis for developing economic models in order to formulate policies, determine taxes, economic studies and so on.
According to macroeconomic theory, GRDP calculation can be done through three approaches, namely: the production/supply approach (GRDP by Business Field/industry), the final expenditure/demand approach (GRDP by Expenditure) and the income approach (GRDP by income). The three calculation approaches will theoretically produce the same GDP figure.