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Main Economic Drivers in Fakfak Regency in 2023

Agus Dwi Darmawan 17/12/2024 14:31 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the construction sector is the leading one.

Poverty Rate Based on the ADHB (Average Daily Household Expenditure) in Fakfak Regency in 2023 by Sector

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Poverty Rate Based on the ADHB (Average Daily Household Expenditure) in Fakfak Regency in 2023 by Sector

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Fakfak Regency's 2023 Gross Regional Domestic Product (GRDP) at current prices reached Rp5,811.46 billion. This represents a 1.63% growth compared to the previous year's Rp5,590.52 billion.

Compared to the COVID-19 pandemic year of 2020, the region's economic growth is significantly higher. At the end of 2020, post-COVID, growth recorded a decline of 2.95%.

According to BPS (Statistics Indonesia) publications, with a total population of 90,286, the GRDP per capita in this region is recorded at Rp65.38 million/capita/year. Nationally, this ranks 140th.

Of the 17 sectors driving the economy in this regency, the construction sector is the leading contributor.

The construction sector ranks first. In 2023, this sector contributed the largest share to the GRDP, reaching Rp1.53 trillion, although it experienced negative growth of -2.22%.

Second is the public administration, defense, and compulsory social security sector, which grew by 6.32% to Rp1.14 trillion. The agriculture, forestry, and fisheries sector experienced negative growth of -0.77%, reaching Rp907.01 billion.

The final sector in the top five is transportation and warehousing, with a GRDP of Rp345.02 billion. This sector grew by 1.18% compared to the previous year's Rp324.84 billion.

GRDP Distribution in Fakfak Regency in 2023

Based on its distribution, the main sector contributing the most to GRDP growth in Fakfak Regency is construction, with a contribution of 24.08%. Other sectors in the top five include public administration, defense, and compulsory social security; agriculture, forestry, and fisheries; wholesale and retail trade, repair of motor vehicles and motorcycles; and education services.

The sectors with the smallest distribution are mining and quarrying; other service sectors; corporate services; water supply; waste management, waste disposal, 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."

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Main Economic Drivers in Fakfak Regency in 2023

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