Main Economic Drivers in South Sorong Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 29/11/2024 17:39 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, construction is the leading sector.

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

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

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The 2023 current price Gross Regional Domestic Product (GRDP) of South Sorong Regency reached Rp2,251.44 billion. This represents a 4.39% growth compared to the previous year's Rp2,104.57 billion.

Compared to the COVID-19 pandemic in 2020, the region's economic growth is significantly higher. At the end of 2020, post-COVID growth recorded a 3.67% decline.

Of the 17 sectors driving the regency's economic growth, the construction sector is the leading contributor.

The construction sector contributed the largest share to the GRDP in 2023, reaching Rp563.96 billion, with a growth of 1.49%.

Following in second place is the agriculture, forestry, and fisheries sector, which experienced negative growth, reaching Rp546.47 billion. Third is the public administration, defense, and mandatory social security sector, showing a 5.36% growth to Rp505.6 billion.

Rounding out the top five is the education services sector, with a GRDP of Rp105.15 billion, representing a 4.11% growth from the previous year's Rp99.8 billion.

GRDP Distribution in South Sorong Regency in 2023

In terms of distribution, the construction sector contributed the most to GRDP growth in South Sorong Regency, accounting for 25.92%. Other sectors in the top five include agriculture, forestry, and fisheries; public administration, defense, and mandatory social security; wholesale and retail trade, repair of motor vehicles and motorcycles; and education services.

Sectors with the smallest distribution include accommodation and food services; other services; electricity and gas supply; water supply; waste management, waste disposal and recycling; and business services.

"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."