Here are 10 Key Sectors Supporting Indonesia's Economy in 2023: Manufacturing is the Largest

Based on a report by the Central Bureau of Statistics (BPS), Indonesia's economic value, based on the Gross Domestic Product (GDP) at current prices (ADHB), reached Rp 20,892.4 trillion in 2023.

The GDP at current prices (ADHB) reflects the total value added of goods and services produced in Indonesia, calculated using the prices prevailing in a given year. This indicator is used to observe the structure of the national economy.

The manufacturing industry was the largest contributor to Indonesia's economy throughout 2023, accounting for 18.67% of Indonesia's GDP last year.

The trade, agriculture, mining, and construction sectors followed, as shown in the chart above.

Below is a complete list of the GDP at current prices in the 10 largest business sectors and their contributions in 2023:

1. Manufacturing Industry: Rp 3,900.1 trillion (18.67% contribution to total GDP)
2. Wholesale and retail trade, repair of motor vehicles and motorcycles: Rp 2,702.4 trillion (12.94%)
3. Agriculture, forestry, and fisheries: Rp 2,617.7 trillion (12.53%)
4. Mining and quarrying: Rp 2,198.08 trillion (10.52%)
5. Construction: Rp 2,072.4 trillion (9.92%)
6. Transportation and warehousing: Rp 1,231.2 trillion (5.89%)
7. Information and communication: Rp 883.68 trillion (4.23%)
8. Financial and insurance services: Rp 869.2 trillion (4.16%)
9. Government administration, defense, and social security: Rp 616.4 trillion (2.95%)
10. Education services: Rp 583.6 trillion (2.79%)

In total, these 10 business sectors contributed 84.6% to Indonesia's total GDP in 2023.