Main Economic Drivers in Tabalong Regency in 2023

Agus Dwi Darmawan 04/01/2025 14:18 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, mining and quarrying are the leading sectors.

Poverty Rate Based on the ADHB (Indeks Desa Berkualitas/Village Quality Index) in Tabalong Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Indeks Desa Berkualitas/Village Quality Index) in Tabalong Regency by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of Tabalong Regency reached Rp31.02 trillion. This represents a 4.9% growth compared to the previous year's Rp29.17 trillion.

Compared to the COVID-19 pandemic in 2020, the economic growth in this region is significantly higher. At the end of 2020, post-COVID, growth was recorded at a decrease of 2.5%.

According to BPS (Statistics Indonesia) publications, with a total population of 260,560, the GRDP per capita in this region is recorded at Rp117.75 million/capita/year. Nationally, this ranks 57th.

Of the 17 sectors driving economic activity in this regency, mining and quarrying is the leading sector.

Mining and quarrying is the top-performing sector. In 2023, this sector contributed the largest amount to the GRDP, reaching Rp17.71 trillion, with a growth of 4.76%.

Second is the agriculture, forestry, and fisheries sector, which grew by 2.51% to Rp2.39 trillion, followed by the wholesale and retail trade, repair of motor vehicles and motorcycles sector with a GRDP of Rp2.33 trillion (7.61%).

Finally, completing the top five GRDP contributors in Tabalong Regency is the construction sector with a value of Rp1.51 trillion. According to BPS, this sector grew by 7.93% over the past year from the previous achievement of Rp1.35 trillion.

Distribution of GRDP in Tabalong Regency in 2023

In terms of distribution, the main sector contributing the most to GRDP growth in Tabalong Regency is mining and quarrying, with a contribution of 48.7%. Other sectors in the top five include agriculture, forestry, and fisheries; wholesale and retail trade, repair of motor vehicles and motorcycles; manufacturing; and construction.

Sectors with the smallest distribution include Other Services; Health and Social Activities Services; Business Services; Water Supply; Waste Management, Waste and Recycling; and Electricity and Gas Supply.

"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."