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

Economics & Macro

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Agus Dwi Darmawan 16/12/2024 17:17 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the administration, defense, and social security sectors must be prioritized.

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

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

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The 2023 current price Gross Regional Domestic Product (GRDP) of Puncak Regency was recorded at Rp1,669.26 billion. The GRDP in this district grew by 2.34% compared to the previous year's Rp1,612.81 billion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Post-COVID growth at the end of 2020 was recorded at only 0.08%.

Of the 17 sectors driving economic activity in this district, the administration, defense, and mandatory social security sector is the leading contributor.

This sector, ranked first, contributed the largest GRDP in 2023, reaching Rp634.04 billion, with a growth of 11.19%.

Second is the construction sector, which grew by 2.96% to Rp607.03 billion, followed by the agriculture, forestry, and fisheries sector, which grew by 1.19% to Rp229.4 billion.

Rounding out the top five is the real estate sector, with a GRDP of Rp29.63 billion. This sector recorded an 8.06% growth compared to the previous year's Rp26.81 billion.

GRDP Distribution in Puncak Regency in 2023

In terms of distribution, the main sector contributing to the largest GRDP growth in Puncak Regency is the administration, defense, and mandatory social security sector, with a contribution of 36.68%. Other sectors in the top five include construction, agriculture, forestry and fisheries, wholesale and retail trade, repair of motor vehicles and motorcycles, and real estate.

The sectors with the smallest distribution are mining and quarrying, financial and insurance services, manufacturing, electricity and gas supply, and water supply, waste management, waste disposal and recycling.

"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."