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Main Economic Drivers in North Minahasa Regency in 2023

Agus Dwi Darmawan 15/11/2024 17:17 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, agriculture, forestry, and fisheries are the leading sectors.

Poverty Rate Based on the ADHB (Average Daily Household Expenditure) in North Minahasa Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Average Daily Household Expenditure) in North Minahasa Regency by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of North Minahasa Regency reached Rp18.73 trillion. This represents a 5.41% growth compared to the previous year's Rp17.23 trillion.

Compared to the COVID-19 pandemic period in 2020, the economic growth in this region is significantly higher. At the end of 2020, post-COVID, growth recorded a decrease of 0.9%.

According to BPS (Statistics Indonesia) publications, with a total population of 224,820, the GRDP per capita in this region is recorded at Rp80,980,000/capita/year. Nationally, this ranks 103rd.

Of the 17 sectors driving economic activity in this regency, the agriculture, forestry, and fisheries sector is the leading contributor.

In 2023, the agriculture, forestry, and fisheries sector in North Minahasa Regency recorded a value of Rp5.26 trillion, ranking first among the 17 sectors. This sector grew by 6.13% compared to the previous year's figure of Rp4.8 trillion.

Following in second place is the manufacturing industry, which grew by 7.61% to Rp2.73 trillion, and the construction sector with a GRDP of Rp2.42 trillion (4.33% growth).

Other sectors contributing to the top five include wholesale and retail trade, repair of motor vehicles and motorcycles, with a GRDP of Rp1.8 trillion.

Distribution of GRDP in North Minahasa Regency in 2023

In terms of distribution, the main sector contributing the largest growth to the GRDP in North Minahasa Regency is the agriculture, forestry, and fisheries sector, with a contribution of 25.96%. Other sectors in the top five include the manufacturing industry, construction, mining and quarrying, and wholesale and retail trade, repair of motor vehicles and motorcycles.

The sectors with the smallest distribution are Financial and Insurance Services, Other Service Sectors, Electricity and Gas Supply, Water Supply, Waste Management, Waste and Recycling, and Business Service Sectors.

"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."

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Main Economic Drivers in North Minahasa Regency in 2023

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