Maluku and Papua's Economic Growth Highest in Q1 2021

Economics & Macro

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Andrea Lidwina 05/05/2021 13:30 WIB

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Maluku and Papua recorded annual economic growth of 8.97% in the first quarter of 2021. This figure surpassed Sulawesi's 1.2%, making it the highest in Indonesia.

Economic Growth by Region in Indonesia (Quarter I-2021)

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Maluku and Papua's Economic Growth Highest in Q1 2021

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Economic Growth by Region in Indonesia (Quarter I-2021)

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Maluku and Papua recorded 8.97% year-on-year (yoy) economic growth in the first quarter of 2021. This figure surpasses Sulawesi's 1.2% growth and is the highest in Indonesia.

Meanwhile, the economy in most regions of Indonesia remained negative. Java, for example, experienced -0.83% economic growth in the first quarter of 2021.

Sumatra's economic growth was recorded at -0.86% in January-March 2021. Kalimantan's gross domestic product (GDP) also contracted by 2.23%. Even Bali and Nusa Tenggara experienced a deeper decline of 5.16%.

The national economy grew by -0.74% throughout the first three months of this year. Although still contracting, the figure is better than previous quarters in 2020.

Editor : Dimas Jarot Bayu

"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."