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Main Economic Drivers in Hulu Sungai Tengah Regency in 2023

Agus Dwi Darmawan 11/10/2024 10:34 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, agriculture, forestry, and fisheries are the leading sectors.

Poverty Rate Based on the ADHB (Indonesian standard for poverty measurement) in Hulu Sungai Tengah Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Indonesian standard for poverty measurement) in Hulu Sungai Tengah Regency by Sector in 2023

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Central Hulu Sungai Regency's 2023 current price Gross Regional Domestic Product (GRDP) reached Rp8,594.03 billion. The GRDP in this regency grew by 4.11% compared to the previous year's Rp7,947.59 billion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Previously, growth at the end of 2020 post-COVID was recorded at a decrease of 1.01%.

According to BPS publications, with a total population of 266,790, the GRDP per capita in this region is recorded at Rp32,280,000/capita/year. Nationally, this GRDP per capita ranks 381st.

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

The agriculture, forestry, and fisheries sector in Central Hulu Sungai Regency in 2023 recorded a value of Rp1.98 trillion. This GRDP is ranked first compared to the other 17 sectors. This sector grew by 2.14% compared to the previous year's figure of Rp1.84 trillion.

Next in second place is the manufacturing industry sector, growing by 0.57% to Rp1.1 trillion, followed by the wholesale and retail trade, repair of motor vehicles and motorcycles sector, growing by 4.7% to Rp1.1 trillion.

The last sector contributing to the top five is construction, with a GRDP of Rp745.75 billion. This sector recorded growth of 6.53% compared to the previous year's achievement of Rp668.87 billion.

Distribution of GRDP in Central Hulu Sungai Regency in 2023

According to its distribution level, the main sector contributing the largest growth to the GRDP in Central Hulu Sungai Regency is the agriculture, forestry, and fisheries sector, with a contribution of 23.64%. Other sectors in the top five are the manufacturing industry sector, the wholesale and retail trade, repair of motor vehicles and motorcycles sector, the public administration, defense, and compulsory social security sector, and the construction sector.

The sectors with the smallest distribution are Other Services, Mining and Quarrying, Water Supply, Waste Management, Waste and Recycling, Company 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."

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Main Economic Drivers in Hulu Sungai Tengah Regency in 2023

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