Guangxi - Gross Regional Product by Expenditure

18,523 (100 Million Yuan) in 2017

In 2017, GRP by expenditure for Guangxi was 18,523 100 million yuan. GRP by expenditure of Guangxi increased from 2,821 100 million yuan in 2003 to 18,523 100 million yuan in 2017 growing at an average annual rate of 14.59%.

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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 Guangxi GRP by expenditure?