Main Economic Drivers in North Bolaang Mongondow Regency in 2024

The 2024 current price Gross Regional Domestic Product (GRDP) of North Bolaang Mongondow Regency reached Rp3.54 million. The GRDP in this regency grew by 5.12% compared to the previous year's Rp3.26 million.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Previously, growth at the end of 2021 post-COVID was recorded at 3.46%.

According to BPS (Statistics Indonesia) publications, with a total population of 87,627, the GRDP per capita in this region is recorded at Rp40,645,000/capita/year. Nationally, this GRDP per capita ranks 324th.

Of the 17 sectors driving economic activity in this regency, the agriculture, forestry, and fisheries sector is the leading contributor.

The agriculture, forestry, and fisheries sector in North Bolaang Mongondow Regency in 2024 recorded a value of Rp1.58 million. This GRDP is ranked first among the 17 other sectors. This sector grew by 5.52% compared to the previous year's figure of Rp1.45 million.

Following this, the construction sector grew by 4.22% to Rp517.26 million, while the wholesale and retail trade, repair of motor vehicles and motorcycles sector ranked third with a GRDP of Rp452.11 million (5.33%).

Finally, in the top five GRDP sectors of North Bolaang Mongondow Regency, the manufacturing industry ranks fifth with a value of Rp115.64 million. According to BPS, this sector grew by 1.64% over the past year from the previous achievement of Rp109.5 million.

**Distribution of GRDP in North Bolaang Mongondow Regency in 2024**

According to its distribution level, the main sector contributing the largest growth to the GRDP in North Bolaang Mongondow Regency is the agriculture, forestry, and fisheries sector, with a contribution of 43.09%. Other sectors in the top five are the construction sector, the wholesale and retail trade, repair of motor vehicles and motorcycles sector, the mining and quarrying sector, and the manufacturing industry sector.

The sectors with the smallest distribution are Information and Communication, Accommodation and Food Service Provision, Water Supply, Waste Management, Waste and Recycling, Electricity and Gas Supply, and Corporate Services.