Main Economic Drivers in Malang Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 03/01/2025 14:25 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the manufacturing industry is the leading sector.

Poverty Rate Based on the Household Asset Index (ADHB) in Malang Regency by Sector in 2023

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Poverty Rate Based on the Household Asset Index (ADHB) in Malang Regency by Sector in 2023

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Malang Regency's 2023 Gross Regional Domestic Product (GRDP) at current prices reached Rp128.37 trillion. This represents a 5% growth compared to the previous year's Rp117.42 trillion.

Compared to the COVID-19 pandemic year of 2020, the region's economic growth is significantly higher. At the end of 2020, post-COVID, growth was recorded at a decrease of 2.68%.

According to BPS (Statistics Indonesia) publications, with a total population of 2.69 million, the GRDP per capita in the region is recorded at Rp47,270,000/capita/year. Nationally, this ranks 253rd.

Of the 17 sectors driving the region's economy, the manufacturing industry is the leading sector.

The manufacturing sector ranks first. In 2023, this sector contributed the largest share to the GRDP, reaching Rp41.61 billion (Note: The original text contains a likely typographical error; "jutajuta" likely means "billion"). This represents a 3.96% growth.

Second is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 5.72% to Rp24.88 billion (Note: The original text contains a likely typographical error; "jutajuta" likely means "billion"). Following this is the agriculture, forestry, and fisheries sector with a GRDP of Rp18.74 billion (2.63%).

Finally, rounding out the top five sectors contributing to Malang Regency's GRDP is information and communication, valued at Rp5.55 billion. According to BPS, this sector grew by 6.37% over the past year from the previous year's Rp5.19 billion.

Distribution of GRDP in Malang Regency in 2023

According to its distribution, the main sector contributing the largest growth to Malang Regency's GRDP is the manufacturing sector, with a contribution of 30.98%. Other sectors in the top five include wholesale and retail trade, repair of motor vehicles and motorcycles, agriculture, forestry and fisheries, construction, and information and communication.

The sectors with the smallest distribution are Real Estate, Health and Social Services, Business Services, Water Supply, Waste Management, Waste and Recycling, and Electricity and Gas Supply.

"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."

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Main Economic Drivers in Malang Regency in 2023

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