Main Economic Drivers in Pidie Jaya Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 21/12/2024 08:16 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, agriculture, forestry, and fisheries are the leading sectors.

Poverty Rate Based on the ADHB (Indonesian standard for poverty measurement) in Pidie Jaya Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Indonesian standard for poverty measurement) in Pidie Jaya Regency by Sector in 2023

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The 2023 Gross Regional Domestic Product (GRDP) at current prices in Pidie Jaya Regency was recorded at Rp4,349.09 billion. The GRDP in this district grew by 4.24% compared to the previous year's Rp3,980.18 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 0.79%.

According to BPS publications, with a total population of 161,710, the GRDP per capita in this region is recorded at Rp26,460,000/capita/year. Nationally, this GRDP per capita ranks 429th.

Of the 17 sectors driving economic activity in this district, the agriculture, forestry, and fisheries sector is the leading sector.

The agriculture, forestry, and fisheries sector in Pidie Jaya Regency in 2023 recorded a value of Rp2.02 trillion. This GRDP is ranked first compared to the other 17 sectors. This sector grew by 3.9% compared to the previous year's figure of Rp1.85 trillion.

The second largest GRDP sector in Pidie Jaya Regency is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 8.16% to Rp508.47 billion. The public administration, defense, and compulsory social security sector grew by 1.79% to Rp460.8 billion.

Finally, rounding out the top five largest GRDP sectors in Pidie Jaya Regency is transportation and warehousing, with a value of Rp194.96 billion. According to BPS, this sector grew by 9.97% over the past year from the previous achievement of Rp157.7 billion.

Distribution of GRDP in Pidie Jaya Regency in 2023

According to its distribution level, the main sector contributing the largest growth to the GRDP in Pidie Jaya Regency is the agriculture, forestry, and fisheries sector, with a contribution of 44.65%. Other sectors in the top five are wholesale and retail trade, repair of motor vehicles and motorcycles; public administration, defense and compulsory social security; construction; and transportation and warehousing.

The sectors with the smallest distribution are Other Services, Financial and Insurance Services, Corporate Services, Electricity and Gas Supply, and Water Supply, Waste Management, Waste and Recycling.

"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 Pidie Jaya Regency in 2023

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