After a Near-Death Experience, 10 Business Sectors in Bali Begin to Revive
- A Small
- A Medium
- A Bigger
After a period of dormancy due to the Covid-19 pandemic, Bali's economy began to recover in 2021. This is recorded in the report *Survey of Business Activities During the Covid-19 Pandemic, Bali Province 2021*, released by the Central Statistics Agency (BPS).
The survey was conducted from October 8-24, 2021, involving 594 respondents covering almost all business sectors in Bali, except the government sector.
The survey revealed that 37.5% of educational service companies in Bali had resumed operations.
Further recovery came from other service sectors, with 34.04% of companies resuming operations, followed by transportation companies at 28.57%, and accommodation and food and beverage companies at 26.74%.
The accommodation and food and beverage sector is the backbone of Bali's economy. However, this sector only contributed 16.49% to Bali's total regional gross domestic product (PDRB) in the fourth quarter of 2021.
Overall, Bali's economic growth in 2021 remained low, growing only 0.51% in the fourth quarter of 2021 (year on year).
Nevertheless, this growth is considered good compared to the previous quarter's growth of -2.93% in the third quarter of 2021 (year on year).
"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."
Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.745 | +0.32 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |