Agriculture Remains the Mainstay of NTB's Economy in 2021

Economics & Macro

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Viva Budy Kusnandar 17/03/2022 11:30 WIB

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More than one-fifth of NTB's GRDP comes from the agricultural sector.

Poverty Rate by Sub-District in West Nusa Tenggara by Sector (2021)

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Agriculture Remains the Mainstay of NTB's Economy in 2021

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Poverty Rate by Sub-District in West Nusa Tenggara by Sector (2021)

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Agriculture remains the biggest pillar of the West Nusa Tenggara (NTB) economy. More than one-fifth of NTB's regional gross domestic product (RGDP) comes from the agricultural sector.

The Central Statistics Agency (BPS) reported that the NTB economy, based on current prices, reached Rp140.15 trillion in 2021. Of this amount, Rp31.96 trillion (22.8%) was contributed by the agricultural sector. This contribution from the agricultural sector is the largest compared to other sectors.

The next largest contributing sector was mining, with a value of Rp24.28 trillion (17.33%), followed by wholesale and retail trade at Rp19.6 trillion (13.98%).

Then, the construction sector had an RGDP of Rp13.67 trillion. This contributed 9.75% to NTB's RGDP last year. The ongoing infrastructure development in NTB supported the construction sector's growth of 8.94% last year compared to the previous year.

For information, the government undertook the construction of a 17.31 km bypass road for Lombok-Mandalika International Airport. The Mandalika MotoGP circuit is also nearing completion.

As a result, the construction sector contributed 0.86% to the growth of NTB's RGDP. This contribution is the largest compared to other sectors from the average growth of NTB's RGDP of 2.3% last year.

Editor : Annissa Mutia

"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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Agriculture Remains the Mainstay of NTB's Economy in 2021

Agriculture Remains the Mainstay of NTB's Economy in 2021

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Agriculture Remains the Mainstay of NTB's Economy in 2021

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