Mining Tax Revenue Grows 286% in the First Half of 2022

Economics & Macro

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Dzulfiqar Fathur Rahman 29/07/2022 18:40 WIB

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Tax revenue from all business sectors showed positive growth in the first half of 2022. The mining sector recorded the most rapid growth.

Annual Tax Revenue Growth by Business Sector (Semester I 2022)

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Mining Tax Revenue Grows 286% in the First Half of 2022

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Annual Tax Revenue Growth by Business Sector (Semester I 2022)

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According to the Ministry of Finance, tax revenue from all business sectors showed positive growth in the first half of 2022.

The most rapid growth was recorded in the mining sector, which increased by 286.8% (year-on-year/yoy), reversing the 8.2% (yoy) annual contraction seen in the first half of last year.

Tax revenue from the manufacturing sector, the largest contributor, then grew by 45.1% (yoy) in the first half of 2022, significantly faster than the 6.2% (yoy) growth in the previous year.

Overall, tax revenue grew by 55.7% (yoy) to Rp868.3 trillion in the first half of 2022, reaching 58.5% of this year's tax revenue target.

Editor : Adi Ahdiat

"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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Mining Tax Revenue Grows 286% in the First Half of 2022

Mining Tax Revenue Grows 286% in the First Half of 2022

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Mining Tax Revenue Grows 286% in the First Half of 2022

Mining Tax Revenue Grows 286% in the First Half of 2022

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