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 | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18.027 | -0.12 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Apr) | 112,29 | +0.43 |