Gross Domestic Regional Product Pegunungan Bintang Regency by Expenditure 2012-2016

Gross Regional Domestic Product (GRDP) is the aggregate of value added of goods and services produced by whole economic activities in a region. There are three types of approches in estimating GRDP: production/industry approach, income approach, and expenditure approach. This approach estimates the value of goods and services used by various groups of society for consumption of households, governmeent and non profit institutions, capital formation, and export import. GRDP at current price of Pegunungan Bintang Regency in 2016 amounted to 1.478.030,21 million rupiah while GRDP at constant price amounted to 1.228.453,64 milion rupiah increased from 2015. Growth rate of GRDP at constant price amounted to 8,25 percent. This rate increased from 2015 (6,12 percent). This Increasing points that economy of Pegunungan Bintang Regency is better than previous years.