Main Economic Drivers in Banjar City in 2023

Economics & Macro

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Agus Dwi Darmawan 25/03/2025 08:34 WIB

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The other sectors in the top five are agriculture, forestry, and fisheries; manufacturing; construction; and information and communication.

Poverty Rate Based on the ADHB (Indonesian acronym for a poverty measurement likely referring to a specific poverty line or method) in Banjar City by Sector in 2023

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Poverty Rate Based on the ADHB (Indonesian acronym for a poverty measurement likely referring to a specific poverty line or method) in Banjar City by Sector in 2023

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Banjar City's 2023 Gross Regional Domestic Product (GRDP) at current prices (ADHB) reached Rp5,246.65 billion. This represents a 4.63% growth compared to the previous year's Rp4,929.38 billion.

Compared to the COVID-19 pandemic year of 2020, the region's economic growth is significantly higher. Post-COVID growth at the end of 2020 was recorded at only 0.94%.

According to BPS (Statistics Indonesia) publications, with a total population of 208,130, the GRDP per capita in this region is recorded at Rp25,280,000/capita/year. Nationally, this ranks 443rd.

Of the 17 sectors driving the region's economy, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading contributor.

This sector, ranked first, contributed the largest amount to the GRDP in 2023, reaching Rp1.31 trillion (Note: The original text uses "jutajuta" which is likely a typographical error and should be interpreted as trillion). This represents a 3.68% growth.

The second largest contributor is the agriculture, forestry, and fisheries sector, which grew by 3.18% to Rp697.15 billion. The manufacturing sector grew by 4.35% to Rp533.71 billion.

Rounding out the top five is the education services sector, with a GRDP of Rp413.11 billion. This sector showed a 4.35% growth compared to the previous year's Rp388.91 billion.

Distribution of GRDP in Banjar City in 2023

In terms of distribution, the main sector contributing to GRDP growth in Banjar City is wholesale and retail trade, repair of motor vehicles and motorcycles, with a contribution of 26.22%. Other sectors in the top five include agriculture, forestry, and fisheries; manufacturing; construction; and information and communication.

Sectors with the smallest distribution include corporate services; other services; mining and quarrying; water supply; waste management, waste and recycling; 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."