Main Economic Drivers in Langkat Regency in 2023

Agus Dwi Darmawan 29/01/2025 17:12 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 Household Asset Index (ADHB) in Langkat Regency by Sector in 2023

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Poverty Rate Based on the Household Asset Index (ADHB) in Langkat Regency by Sector in 2023

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The 2023 Gross Regional Domestic Product (GRDP) at current prices in Langkat Regency reached Rp56.19 trillion. This represents a 4.93% growth compared to the previous year's Rp51.41 trillion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. At the end of 2020, post-COVID growth was recorded at a decrease of 0.86%.

According to BPS (Statistics Indonesia) publications, with a total population of 1.1 million, the GRDP per capita in this region is recorded at Rp52,680,000 per capita per year. Nationally, this ranks 212th.

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

The agriculture, forestry, and fisheries sector ranks first. In 2023, this sector contributed the largest GRDP, reaching Rp23.87 trillion, with a growth of 4.65%.

The second largest GRDP contributor in Langkat Regency is the manufacturing industry sector, which grew by 2.96% to Rp8.2 trillion, followed by the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 4.79% to Rp5.99 trillion.

Other sectors contributing to the top five are construction, with a GRDP of Rp4.34 trillion.

Distribution of GRDP in Langkat Regency in 2023

According to its distribution, the main sector contributing the largest growth to the GRDP in Langkat Regency is the agriculture, forestry, and fisheries sector, with a contribution of 44.54%. Other sectors in the top five are the manufacturing industry, mining and quarrying, wholesale and retail trade, repair of motor vehicles and motorcycles, and construction.

Sectors with the smallest distribution are Corporate Services, Health and Social Activities Services, Other Services, Electricity and Gas Supply, and Water Supply, Waste Management, Waste 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."