Gross Regional Domestic Product of Lombok Barat Regency by Industrial 2014-2018

Economic development planning, requiring a variety of data in determining the policy strategy, so the goals of development can be achieved with the right. Evaluated and monitored should be done to the Strategies and policies that have been taken during the past need. Various quantitative statistical data needed to provide an overview of the situation in the past and present, as well as targeted objectives to be achieved in the future.Gross Regional Domestic Product (GRDP) is the gross value added of all goods and services that are created or produced in the domestic territory of a country that arise from a variety of economic activities in a given period regardless of whether the factors of production are owned by resident or non-resident. The measurement of GRDP can be done by applying 3 (three) approaches: production approach, expenditure approach, and income approach are presented based on current prices and constant prices. GRDP at current prices, known as nominal GRDP is based on the prices at current year period of calculation, and aims to look at the structure of the economy. While the GDP at constant prices is based on the price in the base year and aims to look at economic growth.