Economics & Macro

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Main Economic Drivers in South Tangerang City in 2023

Agus Dwi Darmawan 09/04/2025 14:14 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the real estate sector is the leading one.

Poverty Rate Based on the Tangerang Selatan City Household Asset Index (ADHB) by Sector in 2023

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Poverty Rate Based on the Tangerang Selatan City Household Asset Index (ADHB) by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of South Tangerang City reached Rp104.39 trillion. This represents a 5.36% growth compared to the previous year's Rp96.14 trillion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. At the end of 2020, post-COVID growth was recorded at a decrease of 1.01%.

According to BPS publications, with a total population of 1.4 million, the GRDP per capita in this region is recorded at Rp75,010,000/capita/year. Nationally, this ranks 114th.

Of the 17 sectors driving economic activity in this regency/city, the real estate sector is the leading contributor.

The real estate sector ranks first. In 2023, this sector contributed the largest GRDP value, reaching Rp18.18 trillion, with a growth of 3.99%. The construction sector followed, growing by 1.99% to Rp18.15 trillion, followed by the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 3.84% to Rp17.43 trillion.

Other sectors contributing to the top five include the education services sector with a GRDP of Rp8.36 trillion.

Distribution of GRDP in South Tangerang City in 2023

In terms of distribution, the main sector contributing the largest growth to the GRDP in South Tangerang City is the information and communication sector, with a contribution of 18.8%. Other top five sectors include real estate, wholesale and retail trade, repair of motor vehicles and motorcycles, construction, and manufacturing.

The sectors with the smallest distribution are: Public Administration, Defense and Mandatory Social Security; Agriculture, Forestry and Fisheries; Electricity and Gas Supply; Water Supply; Waste Management, Waste and Recycling; and Mining and Quarrying.

"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 South Tangerang City in 2023

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Main Economic Drivers in South Tangerang City in 2023

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