The Central Statistics Agency (BPS) reported that Indonesia's economy, based on the Gross Domestic Product (GDP) at current prices, reached Rp16.97 quadrillion in 2021.
Meanwhile, based on the GDP at constant prices, the national economy grew by 3.69% in 2021 compared to the previous year, reaching Rp11.12 quadrillion.
Maluku-Papua Records Highest Growth
Spatially, the region recording the highest cumulative economic growth (c-to-c) in 2021 was Maluku and Papua, with growth of 10.09%.
Next was Sulawesi with 5.67% growth, Java 3.66%, Sumatra 3.18%, and Kalimantan 3.18%.
Bali and Nusa Tenggara recorded the lowest growth, at 0.07% in 2021. According to BPS, growth in this region was low because its economy heavily relies on the tourism sector, which was still significantly impacted by the Covid-19 pandemic.
Java's Largest Contribution, Maluku-Papua's Smallest
In terms of contribution to GDP, Java Island still dominated Indonesia's economic structure in 2021, contributing 57.89%.
The next largest contribution came from Sumatra at 21.70%, followed by Kalimantan at 8.25%, and Sulawesi at 6.89%.
Bali and Nusa Tenggara only contributed 2.78% in 2021, not much different from the contribution of Maluku and Papua, which was 2.49%.
The government is optimistic that Indonesia's economy will continue to grow in early 2022.
"We are optimistic that even though 2022 began with Omicron in January and February, we now see very good developments. We still see quite strong economic growth in the first quarter of 2022, around 5%," said the Head of the Fiscal Policy Agency (BKF), Febrio Kacaribu, in a press conference for the *APBN KiTA March 2022 edition*, as reported by *Katadata.co.id* on Monday (March 28).
(See also: Indonesia's Economic Ranking in the G20)