Parepare City's 2023 Gross Regional Domestic Product (GRDP) at current prices (ADHB) was recorded at Rp9,311.6 billion. The GRDP in this regency/city grew by 3.88% compared to the previous year's Rp8,697.28 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 0.08%.
According to BPS publications, with a total population of 158,600, the GRDP per capita in this region is recorded at Rp58,780,000/capita/year. Nationally, this GRDP per capita ranks 171st.
Of the 17 sectors driving economic activity in this regency/city, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading sector.
The wholesale and retail trade, repair of motor vehicles and motorcycles sector in Parepare City in 2023 recorded a value of Rp1.58 trillion. This GRDP is ranked first compared to the other 17 sectors. This sector grew by 5.26% compared to the previous year's figure of Rp1.45 trillion.
The second largest GRDP sector in Parepare City is the construction sector, which grew by 4.22% to Rp1.43 trillion, followed by the real estate sector, which grew by 4.67% to Rp859.88 billion.
Finally, the top five GRDP sectors in Parepare City include financial and insurance services, with a value of Rp721.6 billion. According to BPS, this sector grew by -5.17% over the past year from the previous achievement of Rp745.51 billion.
Distribution of GRDP in Parepare City in 2023
According to its distribution level, the main sector contributing the largest growth to the GRDP in Parepare City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 17.44%. Other sectors in the top five are the construction sector, the real estate sector, the government administration, defense and mandatory social security sector, and the information and communication sector.
The sectors with the smallest distribution are the Manufacturing Industry Sector, the Water Supply, Waste Management, Waste and Recycling Sector, the Mining and Quarrying Sector, the Corporate Services Sector, and the Electricity and Gas Supply Sector.