Payakumbuh City's 2024 Gross Regional Domestic Product (GRDP) at current prices reached Rp9.42 million. This represents a 4.53% growth compared to the previous year's Rp8.98 million.
Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Post-COVID growth at the end of 2021 was recorded at 3.58%.
According to BPS publications, with a total population of 147,960, the GRDP per capita in this region is recorded at Rp64,206,000/capita/year. Nationally, this ranks 171.5.
Of the 17 sectors driving economic activity in this city, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading contributor.
The wholesale and retail trade, repair of motor vehicles and motorcycles sector in Payakumbuh City in 2024 recorded a value of Rp2.36 million million. This is the highest among the 17 sectors. This sector grew by 4.49% compared to the previous year's figure of Rp2.25 million million.
Following this, the construction sector grew by 3.69% to Rp1.29 million million, and the transportation and warehousing sector grew by 4.11% to Rp1.11 million million.
The final sector contributing to the top five is government administration, defense, and mandatory social security, with a GRDP of Rp682 thousand million. This sector recorded an 8.31% growth compared to the previous year's figure of Rp628.95 thousand million.
**Distribution of GRDP in Payakumbuh City in 2024**
According to its distribution, the main sector contributing the largest growth to the GRDP in Payakumbuh City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 24.08%. Other sectors in the top five are transportation and warehousing, construction, information and communication, and government administration, defense, and mandatory social security.
The sectors with the smallest distribution are Health and Social Services, Mining and Quarrying, Business Services, Water Supply, Waste Management, Waste and Recycling, and Electricity and Gas Supply.