These are the Business Sectors Contributing to Indonesia's Economic Growth in Q2 2023

The Central Statistics Agency (BPS) recorded that Indonesia's economy in Q2 2023 grew by 5.17% (year-on-year/yoy) compared to Q2 2022. Compared to Q1 2023, it grew by 3.86% (quarter-to-quarter/qtq).

Measured by Gross Domestic Product (GDP) at current prices, its value reached Rp5,226.7 trillion in Q2 2023. This is an increase from Rp5,072.4 trillion in Q1 2023.

Meanwhile, at constant 2010 prices, it reached Rp3,075.7 trillion, up from Rp2,961.6 trillion in Q1 2023.

This increase in total GDP was contributed by various economic sectors.

In terms of nominal GDP value at current prices, the largest contribution came from the manufacturing industry, reaching Rp953.9 trillion in Q2 2023. This is a 0.47% (qtq) increase from Rp941.6 trillion in the previous quarter.

The next largest contributing sector was agriculture, forestry, and fisheries, reaching Rp697 trillion, a significant 15.32% (qtq) increase from Rp597.5 trillion.

Following this was wholesale and retail trade; repair of motor vehicles and motorcycles, reaching Rp671.5 trillion, a 2.50% (qtq) increase from Rp657 trillion.

BPS stated that in terms of production, the highest growth occurred in the sector of government administration, defense, and compulsory social security, reaching 15.80%. This figure is calculated based on Q2 compared to Q1 2023 (qtq).

(See also: [Growth of Indonesian Economy Reaches 5.17% in Q2 2023](https://databoks.katadata.co.id/datapublish/2023/08/07/pertumbuhan-ekonomi-indonesia-capai-517-pada-kuartal-ii-2023))

GDP is the calculation of the market value of all goods and services produced by a country in a specific period. GDP is one method of calculating national income.

GDP at current prices is calculated based on the added value of goods and services using prices prevailing in the current period. GDP at constant prices uses the base year 2010 prices.

Here is a breakdown of GDP values at current prices by economic sector in Q2 2023:

* Manufacturing Industry
Q1 2023 Rp941.6 trillion
Q2 2023 Rp953.9 trillion
* Agriculture, Forestry, and Fisheries
Q1 2023 Rp597.5 trillion
Q2 2023 Rp697.6 trillion
* Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles
Q1 2023 Rp657.0 trillion
Q2 2023 Rp671.5 trillion
* Mining and Quarrying
Q1 2023 Rp600.9 trillion
Q2 2023 Rp547.9 trillion
* Construction
Q1 2023 Rp501.2 trillion
Q2 2023 Rp492.8 trillion
* Transportation and Warehousing
Q1 2023 Rp281.8 trillion
Q2 2023 Rp306.7 trillion
* Information and Communication
Q1 2023 Rp212.3 trillion
Q2 2023 Rp220.0 trillion
* Financial and Insurance Services
Q1 2023 Rp218.4 trillion
Q2 2023 Rp214.4 trillion
* Government Administration, Defense, and Compulsory Social Security
Q1 2023 Rp144.9 trillion
Q2 2023 Rp172.5 trillion
* Education Services
Q1 2023 Rp133.1 trillion
Q2 2023 Rp151.5 trillion
* Accommodation and Food Service Activities
Q1 2023 Rp124.9 trillion
Q2 2023 Rp129.6 trillion
* Real Estate
Q1 2023 Rp124.9 trillion
Q2 2023 Rp125.6 trillion
* Business Services
Q1 2023 Rp90.7 trillion
Q2 2023 Rp96.3 trillion
* Health and Social Work Activities
Q1 2023 Rp56.4 trillion
Q2 2023 Rp62.6 trillion
* Electricity and Gas Supply
Q1 2023 Rp52.7 trillion
Q2 2023 Rp53.2 trillion
* Water Supply, Waste Management, Waste and Recycling
Q1 2023 Rp3.2 trillion
Q2 2023 Rp3.3 trillion
* Other Services
Q1 2023 Rp96.9 trillion
Q2 2023 Rp101.3 trillion

(See also: [Household Consumption Supports Indonesian Economy in Q2 2023, Here are the Driving Factors](https://databoks.katadata.co.id/datapublish/2023/08/07/konsumsi-rumah-tangga-jadi-penopang-ekonomi-ri-kuartal-ii-2023-ini-faktor-pendorongnya))