What is the economic growth rate of Central Sulawesi?

Economics & Macro

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02/10/2018 08:19 WIB

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Central Sulawesi's economic growth reached 6.24% in the first half of 2018.

Economic Growth of Central Sulawesi (2010-First Half of 2018)

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What is the economic growth rate of Central Sulawesi?

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Economic Growth of Central Sulawesi (2010-First Half of 2018)

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The earthquake and tsunami that struck Donggala and Palu will undoubtedly impact the Central Sulawesi Province's economy in 2018. Furthermore, looting in several areas will exacerbate the economic recovery in this province, which covers an area of 61,841 square kilometers.

Central Sulawesi's Central Bureau of Statistics recorded the province's economic growth at 6.24% in the first half of 2018. This figure is higher than the national economic growth, which was only 5.17%. In fact, in 2015, the Gross Regional Domestic Product (GRDP) grew by over 15%. The Palu tsunami is expected to hinder Central Sulawesi's economic growth.

Central Sulawesi's GRDP at current prices in the first half of 2018 reached Rp 134.24 trillion. Meanwhile, the GRDP at constant prices amounted to Rp 97.55 trillion, and the GRDP per capita was Rp 44,590. The agricultural and mining sectors were the main contributors to the GRDP of this province with a population of 2.97 million, contributing 28.9% and 12.83% respectively last year.

"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."