The 2023 current price Gross Regional Domestic Product (GRDP) of Palu City was recorded at Rp30.79 trillion. The GRDP in this regency/city grew by 4.96% compared to the previous year's Rp28.45 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 4.43%.
According to BPS publications, with a total population of 382,020, the GRDP per capita in this region is recorded at Rp79,450,000/capita/year. Nationally, this GRDP per capita ranks 106th.
Of the 17 sectors driving economic activity in this regency/city, the construction sector is the leading contributor.
The construction sector ranks first. In 2023, this sector contributed the largest GRDP, reaching Rp5.47 trillion. Its GRDP grew by 1.68%.
Following this is the public administration, defense, and compulsory social security sector, which grew by 1.78% to Rp4.17 trillion. Next is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a GRDP of Rp3.52 trillion (6.1%).
Other sectors contributing to the top five are transportation and warehousing, with a GRDP of Rp2.62 trillion.
GRDP Distribution in Palu City in 2023
According to its distribution level, the main sector contributing the largest growth to the GRDP in Palu City is the construction sector, with a contribution of 16.09%. Other sectors in the top five are public administration, defense and compulsory social security; information and communication; wholesale and retail trade, repair of motor vehicles and motorcycles; and education services.
The sectors with the smallest distribution are corporate services; accommodation and food service activities; other service activities; water supply; waste management, waste and recycling; and electricity and gas supply.