After a Near-Death Experience, 10 Business Sectors in Bali Begin to Revive
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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."