The 2023 current price Gross Regional Domestic Product (GRDP) of North Padang Lawas Regency was recorded at Rp15.82 trillion. The GRDP in this regency grew by 4.92% compared to the previous year's Rp14.38 trillion.
Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. The growth at the end of 2020, post-COVID, was recorded at 1.14%.
According to BPS (Statistics Indonesia) publications, with a total population of 271,150, the GRDP per capita in this region is recorded at Rp57,440,000/capita/year. Nationally, this GRDP per capita ranks 178th.
Of the 17 sectors driving the economy in this regency, the agriculture, forestry, and fisheries sector is the leading sector.
The agriculture, forestry, and fisheries sector in North Padang Lawas Regency is the mainstay sector and contributed the largest share to the GRDP in 2023, reaching Rp6.5 billion. This GRDP grew by 4.72% compared to the previous year's Rp5.75 billion.
Second is the manufacturing industry sector, which grew by 3.8% to Rp3.1 billion, followed by the construction sector, which grew by 6.92% to Rp2.1 billion.
Finally, in the top five GRDP sectors of North Padang Lawas Regency is real estate, valued at Rp726.66 million. According to BPS, this sector grew by 3.87% over the past year from the previous achievement of Rp693.59 million.
Distribution of GRDP in North Padang Lawas Regency in 2023
According to its distribution level, the main sector contributing the largest growth to the GRDP in North Padang Lawas Regency is the agriculture, forestry, and fisheries sector, with a contribution of 46.48%. Other sectors in the top five are the manufacturing industry sector, the construction sector, the wholesale and retail trade, repair of motor vehicles and motorcycles sector, and the real estate sector.
The sectors with the smallest distribution are Mining and Quarrying, Electricity and Gas Supply, Corporate Services, Water Supply, Waste Management, Waste and Recycling, and Other Service Sectors.