Jayapura Regency Gross Regional Domestic Product by Expenditure 2015-2019

One important indicator to know the economic conditions in a region / region in a given period is the Gross Regional Domestic Product (GRDP) data, both at current prices and at constant prices. GRDP is basically the amount of added value produced by all business units in a particular country, or is the total value of goods and final services produced by all economic units. GRDP at current prices illustrates the added value of goods and services calculated using prices that apply each year. Whereas the GRDP at constant prices shows the added value of goods and services calculated using prices for a given year as a basis. GRDP at current prices can be used to see shifts and economic structures. GRDP at constant prices is used to determine economic growth in a period to period (year to year or quarter to quarter). In this publication the base year used is 2010 and this will naturally reflect the current economic structure.