The 2023 current price Gross Regional Domestic Product (GRDP) of Banyuasin Regency was recorded at Rp37.44 trillion. This represents a 5.06% growth compared to the previous year's Rp34.44 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 was recorded at only 0.13%.
According to BPS (Statistics Indonesia) publications, with a total population of 844,110, the GRDP per capita in this region is recorded at Rp42,830,000/capita/year. Nationally, this ranks 276th.
Of the 17 sectors driving the economy in this regency, agriculture, forestry, and fisheries are the leading sectors.
Agriculture, forestry, and fisheries are ranked first. In 2023, this sector contributed the largest GRDP, reaching Rp11.67 trillion, with a growth of 2.21%.
The second largest GRDP contributor in Banyuasin Regency is the manufacturing industry, which grew by 7.06% to Rp10.04 trillion. Third is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a GRDP of Rp5.59 trillion (9.12% growth).
Finally, rounding out the top five GRDP contributors in Banyuasin Regency is mining and quarrying, with a value of Rp1.91 trillion. According to BPS, this sector grew by 1.31% over the past year from the previous achievement of Rp1.97 trillion.
Distribution of GRDP in Banyuasin Regency in 2023
In terms of distribution, the main sector contributing the most to GRDP growth in Banyuasin Regency is agriculture, forestry, and fisheries, with a contribution of 33.01%. Other sectors in the top five are manufacturing, construction, wholesale and retail trade, repair of motor vehicles and motorcycles, and mining and quarrying.
The sectors with the smallest distribution are Other Services, Financial and Insurance Services, Electricity and Gas Supply, Water Supply, Waste Management, Waste and Recycling, and Corporate Services.