Gross Regional Domestic Product of Jawa Tengah Province by Expenditure 2021-2025

Gross Regional Domestic Product (GRDP) is one of the key indicators used to evaluate the economic development performance of a region. In addition to reflecting the level of economic activity, GRDP data also plays a strategic role as a foundation for developing various economic analysis models to support the formulation of development policies. Information contained in GRDP can be utilized to examine economic dynamics, such as the velocity of money, financial deepening, the formulation of taxation policies, and the analysis of foreign trade performance, including exports and imports.This publication presents the Gross Regional Domestic Product (GRDP) of Central Java Province calculated using the expenditure approach. Through this approach, GRDP is broken down into several expenditure components, namely Household Consumption Expenditure, Nonprofit Institutions Serving Households Consumption Expenditure, Government Consumption Expenditure, Gross Fixed Capital Formation, Changes in Inventories, as well as Exports and Imports.