The 2023 nominal Gross Regional Domestic Product (GRDP) of Pematang Siantar City was recorded at Rp16.23 trillion. This represents a 4.22% growth compared to the previous year's Rp15.21 trillion.
Compared to the COVID-19 pandemic year of 2020, the economic growth in this region is significantly higher. At the end of 2020, post-COVID, growth was recorded at a decrease of 1.89%.
According to BPS (Statistics Indonesia) publications, with a total population of 275,190, the GRDP per capita in this region is recorded at Rp59,050,000/capita/year. Nationally, this ranks 170th.
Of the 17 sectors driving the economy in this city, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading contributor.
In 2023, the wholesale and retail trade, repair of motor vehicles and motorcycles sector in Pematang Siantar City recorded a value of Rp4.37 trillion. This ranks first among the 17 sectors. This sector grew by 4.99% compared to the previous year's figure of Rp4.07 trillion.
Following this, the manufacturing industry sector experienced negative growth of -0.98%, reaching Rp3.13 trillion, while the construction sector grew by 7.04% to Rp1.72 trillion.
The final sector contributing to the top five is real estate, with a GRDP of Rp1.16 trillion. This sector recorded growth of 4.16% compared to the previous year's figure of Rp1.1 trillion.
Distribution of GRDP in Pematang Siantar City in 2023
In terms of distribution, the main sector contributing the largest growth to the GRDP in Pematang Siantar City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 28.11%. Other sectors in the top five are the manufacturing industry, construction, education services, and transportation and warehousing sectors.
The sectors with the smallest distribution are Corporate Services, Other Services, Electricity and Gas Supply, Water Supply, Waste Management, Waste and Recycling, and Mining and Quarrying.