The 2023 current price Gross Regional Domestic Product (GRDP) of Musi Banyuasin Regency reached Rp85.77 trillion. This represents a 4.51% growth compared to the previous year's Rp82.43 trillion.
Compared to the COVID-19 pandemic year of 2020, the region's economic growth is significantly higher. At the end of 2020, post-COVID, growth was recorded at a decrease of 0.04%.
According to BPS (Statistics Indonesia) publications, with a total population of 695,470, the GRDP per capita in this region is recorded at Rp133.11 million/capita/year. Nationally, this ranks 46th.
Of the 17 sectors driving the regency's economy, mining and quarrying is the leading sector.
In 2023, the mining and quarrying sector in Musi Banyuasin Regency recorded a value of Rp43.68 trillion. This is the highest among the 17 sectors. The sector grew by 1.9% compared to the previous year's figure of Rp45.09 trillion.
The second largest GRDP contributor is the manufacturing industry, growing by 9.61% to Rp10.4 trillion, followed by agriculture, forestry, and fisheries, which grew by 6.87% to Rp10.32 trillion.
The final sector in the top five is wholesale and retail trade, repair of motor vehicles and motorcycles, with a GRDP of Rp4.77 trillion. This sector grew by 10.57% compared to the previous year's figure of Rp4.12 trillion.
Distribution of GRDP in Musi Banyuasin Regency in 2023
In terms of distribution, the main sector contributing the most to GRDP growth in Musi Banyuasin Regency is mining and quarrying, with a contribution of 56.39%. Other sectors in the top five are agriculture, forestry, and fisheries; manufacturing; construction; and wholesale and retail trade, repair of motor vehicles and motorcycles.
Sectors with the smallest distribution are transportation and warehousing; accommodation and food service activities; electricity and gas supply; corporate services; and water supply, waste management, waste disposal and recycling.