Boyolali's Economy Reaches Rp 29 Trillion

Economics & Macro

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03/11/2018 20:46 WIB

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Boyolali Regency's 2017 Regional Gross Domestic Product (RGDP), based on current prices, reached Rp 28.5 trillion, ranking 15th out of 35 regencies/cities in Central Java Province.

Poverty Rate and Poverty Figures in Boyolali (2010-2017)

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Poverty Rate and Poverty Figures in Boyolali (2010-2017)

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A video clip of presidential candidate number two, Prabowo Subianto's, speech went viral on social media. In the speech, Prabowo depicted the less-than-prosperous condition of Boyolali residents, claiming they would be evicted from hotels. “Your faces don’t look like those of rich people. Your faces are the faces of Boyolali people, right?” Prabowo said to his supporters.

Based on data from the Central Bureau of Statistics, Boyolali Regency's 2017 Regional Gross Domestic Product (RGDP) at current prices reached Rp 28.5 trillion. This ranks 15th out of 35 regencies/cities in Central Java Province. Therefore, this regency, with an area of 1,015.5 square kilometers, is not among the poorest in Central Java. Based on the 2012 constant price RGDP, Boyolali's economy grew by 5.52% in 2017 compared to the previous year.

Boyolali's poverty rate in 2017 was 11.96% of the total population of 975,000. This is the lowest rate since the 1998 financial crisis. According to expenditure categories, 14% of Boyolali's population has monthly expenditures exceeding Rp 1 million.

"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."