Aceh's Economy Grew by 2.79% in 2021

The Central Statistics Agency (BPS) recorded that Aceh's economy, based on the nominal Gross Regional Domestic Product (GRDP), amounted to Rp184.98 trillion in 2021.

Measured based on the 2010 constant price GRDP, Aceh's economy grew by 2.79% to Rp135.25 trillion in 2021 compared to the previous year. In 2020, Aceh's economy experienced a contraction of 0.37%.

Although it improved compared to 2020, Aceh's 2021 achievement was still lower than before the Covid-19 pandemic, where the "Veranda of Mecca" economy grew above 4% in 2019.

The agricultural sector remained the largest contributor to Aceh's economy in 2021, with a contribution of 30.06%. Other sectors with significant contributions were wholesale and retail trade (14.3%), and government administration (10.3%).

The transportation and warehousing sector experienced the highest growth at 19.51%, followed by the health and social services sector (9.71%), and the information and communication sector (7.57%) throughout last year.

From the expenditure side, household consumption expenditure remained the main pillar of Aceh's GRDP, contributing 57.52% throughout 2021. Household expenditure in the province grew by 1.16%, while foreign exports also recorded growth of 48.19% in 2021.

(See Also: 10 Provinces with the Smallest Economic Contributions Nationally in 2021)