The Industrial Sector Contributes 20% to the National Economy

Economics & Macro

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08/02/2019 15:33 WIB

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The industrial sector contributed Rp 2,947.3 trillion, or 19.82%, to the national GDP.

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The Industrial Sector Contributes 20% to the National Economy

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Sectoral Contribution to GDP (2018)

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The industrial sector remains the largest contributor to Indonesia's economy. Based on 2018 data from the Central Statistics Agency's Gross Domestic Product (GDP), the industrial sector contributed Rp 2,947.3 trillion, or 19.82%, to the national GDP of Rp 14,837 trillion.

The second largest contributor was the trade sector, with a value of Rp 1,932 trillion, or 13% of the GDP, followed by the construction sector at Rp 1,562 trillion, or 11% of the GDP, as shown in the graph below.

For information, the national economy grew by 5.17% in 2018. Meanwhile, the industrial sector grew by only 4.25%, trade by 4.39%, and construction by 5.58%. The sector recording the highest growth was other services, reaching 9.08%.

"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."