Not Java, This Island Has the Highest Economic Growth in Q3 2021

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Dwi Hadya Jayani 05/11/2021 14:50 WIB
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The Central Statistics Agency (BPS) reports that economic growth in Indonesia's eastern region was the highest among other islands. The economy in Maluku and Papua grew by 9.15% year-on-year (yoy) in the third quarter of 2021.

The next highest growth was in Sulawesi Island at 4.58% (yoy). BPS recorded Kalimantan Island's growth at 4.52% (yoy) and Sumatra Island at 3.78% (yoy).

Meanwhile, Java Island had the second-lowest economic growth at 3.03% (yoy). The lowest economic growth was recorded in Bali and Nusa Tenggara, experiencing a contraction of 0.09% (yoy).

Overall, Indonesia's economic growth was 3.51% year-on-year (yoy) in the third quarter of 2021. Indonesia's economy slowed from 7.07% (yoy) in the previous quarter. However, it was higher than the third quarter of 2020, which experienced a contraction of 3.49% (yoy).

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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