Indonesia's Timber Resources Monetary Value Increases Through 2023

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Erlina Fury Santika 30/12/2024 17:09 WIB

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BPS data shows that the monetary value of Indonesia's timber resources stock continues to increase. The latest data in 2023 reached Rp1,410.98 trillion.

Monetary Value of Indonesia's Final Stock of Timber Resources (2019-2023)

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Monetary Value of Indonesia's Final Stock of Timber Resources (2019-2023)

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The Central Statistics Agency (BPS) recorded a continuous increase in the monetary value of Indonesia's timber stock from 2019 to 2023. This is included in the report *Integrated System of Indonesian Environmental and Economic Accounts 2019-2023*.

In 2019, the monetary value reached Rp818.19 trillion. A year later, the value increased by 16.46% to Rp952.91 trillion.

Then in 2021, the monetary value increased by 15.44% to Rp1,100.09 trillion or Rp1.1 quadrillion.

An increase also occurred in 2022 by 6.85% to Rp1,175.51 trillion.

The latest data in 2023 shows a significant increase in monetary value of 20.03% to Rp1,410.98 trillion.

However, the increase in monetary value is inversely proportional to the volume of Indonesia's timber stock, which has been continuously decreasing during the same period.

In 2023, the volume decreased by 4.75% to 3.65 billion cubic meters. This is the highest stock decline in the last five years.

This timber resource data was processed by BPS from internal sources, Perum Perhutani, the Ministry of Environment and Forestry (KLHK), and the Ministry of Finance.

(See also: Indonesia's Timber Stock Continues to Decline for the Last 5 Years)

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 Timber Resources Monetary Value Increases Through 2023

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