https://indianpedia.org/index.php?action=history&feed=atom&title=Gross_regional_domestic_productGross regional domestic product - Revision history2026-08-01T12:11:10ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Gross_regional_domestic_product&diff=418267&oldid=prevAjay Kumar at 17:32, 24 August 20232023-08-24T17:32:58Z<p></p>
<p><b>New page</b></p><div>{{Short description|Statistics that measures the size of a region's economy}}<br />
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'''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:<br />
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* [[Primary sector of the economy|Raw material sector]]: [[Agriculture]], [[animal husbandry]], [[fishery]], and [[forestry]].<br />
* [[Secondary sector of the economy|Industry sector]]: [[Construction]], [[electricity]], [[manufacturing]], [[mining]], [[quarry]]ing, and [[water]].<br />
* [[Tertiary sector of the economy|Service sector]]: [[Communication]], [[finance]], [[government contractor|private government services]], [[property management]], [[real estate business|real estate sales]], [[warehouse|storage]], [[trade]], and [[transport]].<ref>{{Cite web |url=http://www.nscb.gov.ph/technotes/grdp_tech.asp |title=NSCB - Technical Notes - Gross Regional Domestic Product (GRDP)<!-- Bot generated title --> |access-date=2008-01-09 |archive-url=https://web.archive.org/web/20080105104945/http://www.nscb.gov.ph/technotes/grdp_tech.asp |archive-date=2008-01-05 |url-status=dead }}</ref><br />
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"The GRDP is usually presented in [[real versus nominal value (economics)|nominal]] and real terms. Nominal GRDP measures the value of the outputs of the economy at current prices. Real GRDP referred to as GRDP at constant prices, measures the value of an economy's output using the prices of a fixed base year. The real GRDP is useful in capturing real output growth since inflationary effects have been removed. It is, therefore, the most widely used measure of real income."<ref>{{Cite web|url=http://neda8.evis.net.ph/stat/grdp.htm|archive-url=https://web.archive.org/web/20080707032019/http://neda8.evis.net.ph/stat/grdp.htm|archive-date=2008-07-07|title=Evis.net.ph - evis Resources and Information}}</ref><br />
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==See also==<br />
* [[Gross metropolitan product]]<br />
* [[Gross regional product]]<br />
* [[List of Chinese administrative divisions by GDP]]<br />
* [[List of Chinese administrative divisions by GDP per capita]]<br />
* [[List of cities by GDP]]<br />
* [[List of EU metropolitan areas by GDP]]<br />
* [[List of European Union regions by GDP]]<br />
* [[List of German states by GRP]]<br />
* [[List of Indonesian provinces by GDP]]<br />
* [[List of Indonesian provinces by GRP per capita]]<br />
* [[List of NUTS regions in the European Union by GDP]]<br />
* [[List of Russian federal subjects by GRP]]<br />
* [[List of U.S. metropolitan areas by GDP]]<br />
* [[List of U.S. metropolitan areas by GDP per capita]]<br />
* [[List of U.S. states and territories by GDP]]<br />
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==References==<br />
{{reflist}}<br />
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==External links==<br />
* [http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/GDP_at_regional_level Eurostat – Statistics Explained: GDP at regional level] (European regions at NUTS 2 level)<br />
* UNSTATS (2010) [http://unstats.un.org/unsd/economic_stat/China/background_paper_on_GRP.pdf Gross regional product (GRP): an introduction]<br />
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[[Category:Gross domestic product]]<br />
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{{Macroeconomics-stub}}</div>Ajay Kumar