Despite Improvement, Jakarta's Economy Still Negative 1.65% in Q1 2021

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Dwi Hadya Jayani 06/05/2021 14:30 WIB
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Jakarta's Year-on-Year (YoY) Economic Growth Rate
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Jakarta's economy still recorded a year-on-year (YoY) growth of -1.65% in Q1 2021. This marks four consecutive quarters of economic contraction in Jakarta since Q2 2020.

However, the economic contraction in the capital city has gradually recovered, as the contraction rate has lessened compared to the previous quarter. This is driven by the Covid-19 vaccination program, which has boosted optimism in conducting economic activities.

Based on the business sector, health services and social activities showed the highest growth in Jakarta in Q1 2021, namely 14.96%. This was followed by the information and communication sector and water supply, which grew by 7.9% and 2.77% respectively.

Meanwhile, the accommodation and food service sector experienced the highest contraction at -10.37%. The lowest growth was also experienced by other service sectors and financial services at -9.59% and -7.35% respectively.

"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."

Market Data

Macro update by
07 August 2026
Macro
Exchange Rates
Commodities
Employment
Name Value %
Inflasi yoy (Jul) 2,88% -0.46
Inflasi mom (Jul) -0,14% -0.58
Economic growth 5,11% +0.08
Pertumbuhan ekonomi (yoy) (Q1) 5,61% +4.08
Persentase kemiskinan (Mar) 8,07% -0.18
Gini rasio (Sem2) 0,38 0.00
Nilai Tukar USDIDR 17.916 +0.01
PDB ADHK (Q1) 3.447,70 -0.77
Neraca perdagangan (Jun) -450,50 -72.02
Ekspor Migas (Jun) 1,07 +40.52
Impor Migas (Jun) 4,56 +0.96
Ekspor (Jun) 25,46 +9.72
Impor (Jun) 25,91 +4.41
Kunjungan Wisman (Mei) 1,38 +10.69
NTP (Jul) 116,16 +1.32

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