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East Kalimantan's Economic Growth Lowest in Kalimantan in 2022

Adi Ahdiat 07/02/2023 15:30 WIB

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According to BPS data, East Kalimantan's economic growth rate reached 4.48% in 2022, the lowest among other provinces on Kalimantan Island.

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East Kalimantan's Economic Growth Lowest in Kalimantan in 2022

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According to the Central Statistics Agency (BPS) report, the economy of East Kalimantan (Kaltim) grew by 4.48% in 2022.

This growth is measured from the Gross Regional Domestic Product (GRDP) at constant prices in East Kalimantan, which increased from Rp484.4 trillion in 2021 to Rp506.2 trillion in 2022.

This figure is a significant improvement compared to 2021, when East Kalimantan's economy only grew by 2.55%, or compared to 2020 when its economy contracted by 2.9%.

However, in 2022, East Kalimantan's growth rate was the lowest on Kalimantan Island, as shown in the graph.

Despite its relatively low growth, East Kalimantan's GRDP value was the largest, far exceeding that of its neighboring provinces.

In 2022, the economy of this prospective new national capital city was mainly supported by the mining and quarrying sector, which contributed approximately 46% to its total GRDP.

Here is a breakdown of the constant price GRDP values of the provinces on Kalimantan Island in 2022, sorted from highest to lowest:

1. East Kalimantan: Rp506.2 trillion
2. West Kalimantan: Rp148.4 trillion
3. Central Kalimantan: Rp109.1 trillion
4. South Kalimantan: Rp142.3 trillion
5. North Kalimantan: Rp66.5 trillion

Overall, Indonesia's economic growth reached 5.31% in 2022, with a constant price Gross Domestic Product (GDP) of Rp11,710.4 trillion.

Indonesia's economy in 2022 was mainly supported by five business fields: manufacturing; wholesale and retail trade, repair of motor vehicles and motorcycles; agriculture, forestry, and fisheries; mining and quarrying; and construction.

"The role of these five business fields in the Indonesian economy reached 65.58%," said BPS in its report, *Indonesia's Economic Growth Quarter IV-2022*, released on Monday (6/2/2023).

Editor : Adi Ahdiat

"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."