The 2023 current price Gross Regional Domestic Product (GRDP) of Solok City was recorded at Rp5,262.1 billion. The GRDP in this regency/city grew by 4.81% compared to the previous year's Rp4,793.15 billion.
Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Previously, at the end of 2020, post-COVID growth was recorded at a decrease of 1.42%.
According to BPS publications, with a total population of 79,703, the GRDP per capita in this region is recorded at Rp67,600,000/capita/year. Nationally, this GRDP per capita ranks 133rd.
Of the 17 sectors driving economic activity in this regency/city, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading sector.
The wholesale and retail trade, repair of motor vehicles and motorcycles sector in Solok City is the mainstay sector and contributed the largest share to the GRDP in 2023, reaching Rp1.34 trillion. This GRDP grew by 4.7% compared to the previous year's Rp1.22 trillion.
Following this, the transportation and warehousing sector grew by 5.54% to Rp800.87 billion, then the construction sector with a GRDP of Rp716.64 billion (6.06%).
Finally, in Solok City's top five GRDP sectors, information and communication is ranked fifth with a value of Rp375.75 billion. According to BPS, this sector grew by 7.57% over the past year from the previous achievement of Rp340.99 billion.
**Distribution of GRDP in Solok City in 2023**
According to its distribution level, the main sector contributing the largest growth to the GRDP in Solok City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 25.75%. Other sectors in the top five are transportation and warehousing, construction, information and communication, and government administration, defense and compulsory social security.
The sectors with the smallest distribution are Health and Social Services, Mining and Quarrying, Water Supply, Waste Management, Waste and Recycling, Electricity and Gas Supply, and Business Services.