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#gross_regional_domestic_product

Gross regional domestic product

Statistics that measures the size of a region's economy

Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer units in the region, and analogous to national gross domestic product. The GRDP includes regional estimates on the three major sectors including their sub-sectors, namely:Raw material sector: Agriculture, animal husbandry, fishery, and forestry. Industry sector: Construction, electricity, manufacturing, mining, quarrying, and water. Service sector: Communication, finance, private government services, property management, real estate sales, storage, trade, and transport.

Tue 21st

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