Supported by Mining, Papua's Economy Grew 13.14% in Q2 2021
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Based on data from the Central Statistics Agency (BPS), Papua's economy, supported by the mining and quarrying sector, grew by 13.14% year-on-year (yoy) in April-June 2021. This growth is higher than in the second quarter of 2020, which reached 4.06%.
However, growth slowed compared to the previous quarter. In January-March 2021, Papua's economy, including mining and quarrying, increased by 14.27% (yoy).
The high economic growth of Papua, including mining and quarrying, is due to the significant increase in this sector in the second quarter of 2021. The growth of the mining and quarrying sector in Papua was recorded at 34.44% (yoy).
Furthermore, the mining and quarrying sector has a significant contribution to Papua's economic growth. Its percentage reached 35.61%, far exceeding other business fields.
Without mining and quarrying, Papua's economy only grew by 2.81% (yoy) in the second quarter of 2021. Although lower, Papua's economy has successfully emerged from the contraction that occurred since the second quarter of 2020.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."