The 2023 Gross Regional Domestic Product (GRDP) at current prices in Sangihe Islands Regency reached Rp5,654.97 billion. The GRDP in this regency grew by 5.3% compared to the previous year's Rp5,223.11 billion.
Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. At the end of 2020, post-COVID growth was recorded at only 0.47%.
According to BPS (Statistics Indonesia) publications, with a total population of 137,490, the GRDP per capita in this region is recorded at Rp39,830,000/capita/year. Nationally, this GRDP per capita ranks 307th.
Of the 17 sectors driving economic activity in this regency, the agriculture, forestry, and fisheries sector is the leading contributor.
The agriculture, forestry, and fisheries sector in Sangihe Islands Regency is the mainstay sector and contributed the largest share to the 2023 GRDP, reaching Rp1.59 trillion. This figure grew by 4.76% compared to the previous year's Rp1.48 trillion.
The second largest contributor to the GRDP in Sangihe Islands Regency is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 5.82% to Rp909.77 billion. The GRDP of the public administration, defense, and compulsory social security sector grew by 0.25% to Rp597.74 billion.
The fifth largest contributing sector is transportation and warehousing, with a GRDP of Rp542.25 billion. This sector grew by 11.43% compared to the previous year's Rp447.66 billion.
Distribution of GRDP in Sangihe Islands Regency in 2023
In terms of distribution, the main sector contributing the largest growth to the GRDP in Sangihe Islands Regency is the agriculture, forestry, and fisheries sector, with a contribution of 29.18%. Other sectors in the top five include wholesale and retail trade, repair of motor vehicles and motorcycles; construction; public administration, defense, and compulsory social security; and transportation and warehousing.
The sectors with the smallest distribution are other services; accommodation and food service activities; water supply; waste management, waste and recycling; electricity and gas supply; and corporate services.