Main Economic Drivers in Morowali Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 26/10/2024 17:18 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the manufacturing industry is the leading sector.

Poverty Rate Based on the ADHB (Indeks Desa Berkualitas/Village Quality Index) in Morowali Regency in 2023, by Sector

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Poverty Rate Based on the ADHB (Indeks Desa Berkualitas/Village Quality Index) in Morowali Regency in 2023, by Sector

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Morowali Regency's 2023 Gross Regional Domestic Product (GRDP) at current prices reached Rp158.05 trillion. This represents a 20.34% growth compared to the previous year's Rp146.77 trillion.

However, based on historical data, the growth in this region is less impressive compared to the post-COVID-19 pandemic period, showing lower growth rates.

According to BPS (Statistics Indonesia) data, with a total population of 179,220, the GRDP per capita in this region is recorded at Rp927.23 million/capita/year, ranking first nationally.

Of the 17 sectors driving the economy in this regency, the manufacturing industry is the leading sector.

In 2023, the manufacturing sector contributed the largest share to the GRDP, reaching Rp114.93 trillion, a growth of 25.29%.

Following this, the mining and quarrying sector grew by 14.08% to Rp28.11 trillion, and the construction sector contributed Rp8.49 trillion (2.36% growth).

Rounding out the top five contributing sectors is wholesale and retail trade, repair of motor vehicles and motorcycles, with a GRDP of Rp2 trillion. This sector recorded a 5.19% growth compared to the previous year's Rp1.83 trillion.

Distribution of GRDP in Morowali Regency in 2023

In terms of distribution, the manufacturing sector contributed the most to GRDP growth in Morowali Regency, accounting for 70.13%. Other top five sectors include mining and quarrying, construction, agriculture, forestry and fisheries, and wholesale and retail trade, repair of motor vehicles and motorcycles.

The sectors with the smallest distribution are Other Services, Accommodation and Food Services, Water Supply, Waste Management, Waste and Recycling, Business Services, and Electricity and Gas Supply.

"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."