Sichuan - Gross Regional Product by Expenditure

36,980 (100 Million Yuan) in 2017

In 2017, GRP by expenditure for Sichuan was 36,980 100 million yuan. Between 2003 and 2017, GRP by expenditure of Sichuan grew substantially from 5,333 to 36,980 100 million yuan rising at an increasing annual rate that reached a maximum of 22.35% in 2011 and then decreased to 12.28% in 2017.

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What is GRP by expenditure?

GDP by Expenditure Approach refers to the method of measuring the final results of production activities of a country (region) during a given period from the perspective of final uses. It includes final consumption expenditure, gross capital formation, and net export of goods and services. The formula for computation is.:GDP by expenditure approach = final consumption expenditure + gross capital formation + net export of goods and services

What is Sichuan GRP by expenditure?