Jakarta's Economic Growth in Q1 2025 Stronger Than Last Year

According to a report by the Central Statistics Agency (BPS), Jakarta's economic growth in the first quarter of 2025 reached 4.95% (year-on-year/yoy).

This figure reflects the growth in the value of Jakarta's constant-price regional gross domestic product (PDRB), which increased from Rp528.08 trillion (Q1 2024) to Rp554.25 trillion (Q1 2025).

Jakarta's economic growth in Q1 2025 was stronger than in previous years' first quarters.

In Q1 2024, Jakarta's economy grew by 4.78% (yoy), and in Q1 2023, it grew by 4.93% (yoy), as shown in the graph.

However, Jakarta's economic growth did not occur across all business sectors.

Of the 17 main business sectors in Jakarta, 14 experienced positive growth, while 3 sectors experienced negative or weakened growth.

Here's a breakdown of Jakarta's economic growth per business sector in Q1 2025, ordered from highest to lowest growth:

* Accommodation and Food Services: 9.64% (yoy)
* Other Services: 8.98% (yoy)
* Transportation and Warehousing: 7.96% (yoy)
* Education Services: 7.19% (yoy)
* Corporate Services: 6.32% (yoy)
* Information and Communication: 5.93% (yoy)
* Financial and Insurance Services: 5.84% (yoy)
* Government Administration, Defense, and Mandatory Social Security: 4.64% (yoy)
* Health and Social Activities: 4.37% (yoy)
* Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles: 4.35% (yoy)
* Construction: 2.61% (yoy)
* Real Estate: 1.97% (yoy)
* Manufacturing Industry: 1.61% (yoy)
* Agriculture, Forestry, and Fisheries: 0.57% (yoy)
* Mining and Quarrying: -3.55% (yoy)
* Water Supply, Waste Management, Waste, and Recycling: -4.93% (yoy)
* Electricity and Gas Supply: -15.24% (yoy)

From an expenditure perspective, positive growth occurred in all groups.

Here's a breakdown of Jakarta's economic growth per expenditure group in Q1 2025, ordered from highest to lowest growth:

* Export of Goods and Services: 17.59% (yoy)
* Import of Goods and Services: 16.24% (yoy)
* Government Consumption Expenditure: 9.22% (yoy)
* Household Consumption Expenditure: 5.36% (yoy)
* Expenditure of Non-Profit Institutions Serving Households (LNPRT): 3.45% (yoy)
* Gross Fixed Capital Formation: 2.89% (yoy)