The 2023 current price Gross Regional Domestic Product (GRDP) of Banda Aceh City was recorded at Rp23.78 trillion. The GRDP in this regency/city grew by 5.06% compared to the previous year's Rp21.56 trillion.
Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Previously, at the end of 2020, post-COVID growth recorded a decline of 3.39%.
According to BPS (Statistics Indonesia) publications, with a total population of 257,310, the GRDP per capita in this region was recorded at Rp90,760,000/capita/year. Nationally, this GRDP per capita ranks 85th.
Of the 17 sectors driving economic activity in this regency/city, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading sector.
Ranked first is the wholesale and retail trade, repair of motor vehicles and motorcycles sector. In 2023, this sector contributed the largest GRDP, reaching Rp5.24 trillion. This nominal value grew by 8.16%.
Following this is the public administration, defense, and compulsory social security sector, which grew by 2.55% to Rp5.12 trillion, and the transportation and warehousing sector with a GRDP of Rp2.34 trillion (4.26%).
The last sector contributing to the top five is the education services sector with a GRDP of Rp1.7 trillion. This sector recorded a growth of 2.37% compared to the previous year's achievement of Rp1.63 trillion.
Distribution of GRDP in Banda Aceh City in 2023
According to its distribution level, the main sector contributing the largest growth to the GRDP in Banda Aceh City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 20.73%. Other sectors in the top five are public administration, defense and compulsory social security; transportation and warehousing; information and communication; and real estate.
The sectors with the smallest distribution are Manufacturing Industry; Agriculture, Forestry and Fisheries; Electricity and Gas Supply; Water Supply, Waste Management, Waste and Recycling; and Mining and Quarrying.