Indonesia's Mining and Quarrying Contribution to GDP until 2024

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Erlina Fury Santika 14/01/2025 15:08 WIB

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The Indonesian Central Statistics Agency (BPS) calculated the contribution of mining and quarrying to Indonesia's GDP from 2022 to 2024, showing a decreasing trend towards 2024.

Contribution Percentage of the Mining and Quarrying Subsector to Indonesia's GDP (Quarter III 2022-Quarter II 2024)

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Contribution Percentage of the Mining and Quarrying Subsector to Indonesia's GDP (Quarter III 2022-Quarter II 2024)

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The Central Statistics Agency (BPS) report shows that the mining and quarrying sector grew by 3.17% in the second quarter of 2024 compared to the same period the previous year (year-on-year/YoY). BPS stated that this was due to increased production of mining commodities, especially copper ore.

BPS added that the growth in mining and quarrying during this period was also driven by increased domestic and export demand for quarried commodities, such as ornamental stone; lime and dolomite; gravel; natural sand; clay; and other chemical minerals.

Of the four sub-sectors in this industry, coal and lignite mining contributed the most each quarter, as shown in the graph.

The details for the second quarter of 2024 show that coal and lignite accounted for 3.48% of the total contribution to the Gross Domestic Product (GDP). This was followed by oil, gas, and geothermal energy at 2.42%; metal ore at 1.57%; and other mining and quarrying at 1.31%.

However, growth in the second quarter compared to the first quarter of 2024 (quarter-to-quarter/QtQ) contracted by 2.17%. A decline was also seen in the four sub-sectors of the mining and quarrying industry historically since the third quarter of 2022.

"This is due to the Eid al-Fitr holiday period, resulting in lower average production. In addition, there was a decrease in demand from Indonesia's trading partners such as India and China," wrote BPS in its report, *Indonesia's Quarterly Gross Domestic Product 2020-2024*, explaining the decline in the second quarter of 2024.

During the first half of 2024, the mining and quarrying sector grew by 6.18%, supported by growth in the subcategories of metal ore mining, other mining and quarrying, and coal and lignite mining.

Meanwhile, the oil, gas, and geothermal energy mining subcategory experienced a contraction of 1.85% (cumulative-to-cumulative/CTC).

(See also: [Trend of Tax Payments Deposited by Freeport Indonesia since 2010](https://databoks.katadata.co.id/korporasi/statistik/6784ca25c933f/tren-nilai-pajak-yang-disetorkan-freeport-indonesia-sejak-2010))

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Mining and Quarrying Contribution to GDP until 2024

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