Fujian - Gross Regional Product by Expenditure

32,182 (100 Million Yuan) in 2017

In 2017, GRP by expenditure for Fujian was 32,182 100 million yuan. Between 2003 and 2017, GRP by expenditure of Fujian grew substantially from 4,984 to 32,182 100 million yuan rising at an increasing annual rate that reached a maximum of 22.73% in 2008 and then decreased to 11.70% 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 Fujian GRP by expenditure?