West Java's Economic Growth Highest in Java in 2022

Economics & Macro

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Adi Ahdiat 07/02/2023 14:40 WIB

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According to the BPS report, West Java's economic growth rate reached 5.45% in 2022, the highest among other provinces on Java Island.

Economic Growth Rate of Provinces in Java (2022)

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West Java's Economic Growth Highest in Java in 2022

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Economic Growth Rate of Provinces in Java (2022)

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According to the Central Statistics Agency (BPS) report, the economy of West Java grew by 5.45% in 2022.

This growth is measured from the Gross Regional Domestic Product (GRDP) at constant prices in West Java, which increased from Rp1,507.7 trillion in 2021 to Rp1,589.9 trillion in 2022.

This growth rate was the highest on Java Island, surpassing DKI Jakarta, Central Java, East Java, Banten, and Yogyakarta, as shown in the graph.

However, in terms of GRDP value, DKI Jakarta is still far superior, while West Java ranks second.

Here is a breakdown of the constant price GRDP values of provinces on Java Island in 2022, sorted from highest to lowest:

1. DKI Jakarta: Rp1,953.5 trillion
2. West Java: Rp1,589.9 trillion
3. Central Java: Rp1,050.3 trillion
4. East Java: Rp1,757.8 trillion
5. Banten: Rp484.1 trillion
6. Yogyakarta: Rp112.9 trillion

Overall, Indonesia's economic growth rate reached 5.31% in 2022, with a constant price Gross Domestic Product (GDP) of Rp11,710.4 trillion.

Indonesia's economy in 2022 was mainly supported by five economic sectors: manufacturing; wholesale and retail trade, repair of motor vehicles and motorcycles; agriculture, forestry, and fisheries; mining and quarrying; and construction.

"The role of these five economic sectors in Indonesia's economy reached 65.58%," said BPS in its report, *Indonesia's Economic Growth Q4-2022*, released on Monday (6/2/2023).

Editor : Adi Ahdiat

"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."