Gross Regional Domestic Product of Puncak Jaya Regency by Expenditures 2020-2024

The Gross Regional Domestic Product (GRDP) of Puncak Jaya Regency by Business Field for the Years 2020–2024 is a continuation of previous publications that are regularly released by BPS Puncak Jaya Regency in an effort to meet various data needs, particularly for planning and evaluating development outcomes in Puncak Jaya Regency. GRDP calculation can be carried out through three approaches: the production approach, the expenditure approach, and the income approach. The GRDP figures presented in this publication are calculated using the expenditure/final demand approach. This approach is broken down into several components: Household Consumption Expenditure, Consumption Expenditure of Non-Profit Institutions Serving Households, Government Consumption Expenditure, Gross Fixed Capital Formation, Changes in Inventories, Exports to Foreign Countries, Imports from Foreign Countries, and Net Inter-Regional Exports (inter-regional exports minus inter-regional imports). The GRDP data in this publication and subsequent ones use the 2010 base year and have adopted the 2008 System of National Accounts (SNA) concept as recommended by the United Nations (UN).