The 2023 Gross Regional Domestic Product (GRDP) at current prices (ADHB) in Tebing Tinggi City reached Rp7,428.29 billion. The GRDP in this regency/city grew by 3.98% compared to the previous year's Rp6,931.27 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 0.7%.
According to BPS publications, with a total population of 178,520, the GRDP per capita in this region is recorded at Rp41,520,000/capita/year. Nationally, this GRDP per capita ranks 288th.
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.
Ranked first is the wholesale and retail trade, repair of motor vehicles and motorcycles sector. In 2023, this sector contributed the largest GRDP with a value reaching Rp1.85 trillion. This nominal value grew by 4.2%.
Second is the construction sector, growing by 2.84% to Rp1.09 trillion, while the manufacturing industry sector, now in third place, experienced negative growth of -0.53% to Rp853.69 billion.
Finally, in the top five GRDP sectors in Tebing Tinggi City is transportation and warehousing, with a value of Rp625.59 billion. According to BPS, this sector grew by 6.07% over the past year from the previous achievement of Rp566.28 billion.
Distribution of GRDP in Tebing Tinggi City in 2023
According to its distribution level, the main sector contributing the largest growth to the GRDP in Tebing Tinggi City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 24.12%. Other sectors in the top five are the construction sector, the manufacturing industry sector, the government administration, defense and compulsory social security sector, and the transportation and warehousing sector.
The sectors with the smallest distribution are Other Services, Company Services, Water Supply, Waste Management, Waste and Recycling, Mining and Quarrying, and Electricity and Gas Supply.