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Main Economic Drivers in Sukabumi City in 2023

Agus Dwi Darmawan 07/01/2025 08:21 WIB

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Other sectors in the top five are finance and insurance, transportation and warehousing, construction, and information and communication.

Poverty Rate Based on the ADHB (Indonesian acronym for a poverty measurement method, likely referring to a specific poverty line) in Sukabumi City by Sector in 2023

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Poverty Rate Based on the ADHB (Indonesian acronym for a poverty measurement method, likely referring to a specific poverty line) in Sukabumi City by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of Sukabumi City was recorded at Rp15.35 trillion. The GRDP in this regency/city grew by 5.12% compared to the previous year's Rp14.19 trillion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Previously, growth at the end of 2020 post-COVID was recorded at a decrease of 1.49%.

According to BPS publications, with a total population of 361,580, the GRDP per capita in this region is recorded at Rp42,560,000/capita/year. Nationally, this GRDP per capita ranks 279th.

Of the 17 sectors driving economic activity in this regency/city, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading sector.

The wholesale and retail trade, repair of motor vehicles and motorcycles sector in Sukabumi City in 2023 recorded a value of Rp5.77 trillion. This GRDP is ranked first compared to the other 17 sectors. This sector grew by 3.8% compared to the previous year's figure of Rp5.41 trillion.

The second largest GRDP sector in Sukabumi City is the transportation and warehousing sector, which grew by 9.08% to Rp1.76 trillion, followed by the financial and insurance services sector with a GRDP of Rp1.72 trillion (3.33%).

In addition, other sectors contributing to the top five are the manufacturing industry with a GRDP of Rp752.55 billion.

Distribution of GRDP in Sukabumi City in 2023

According to its distribution level, the main sector contributing to the largest GRDP growth in Sukabumi City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 39.9%. Other sectors in the top five are the financial and insurance services sector, the transportation and warehousing sector, the construction sector, and the information and communication sector.

The sectors with the smallest distribution are the Corporate Services Sector, the Real Estate Sector, the Electricity and Gas Supply Sector, the Water Supply Sector, Waste Management, Waste and Recycling Sector, and the Mining and Quarrying Sector.

"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 Sukabumi City in 2023

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