2017, Household Consumption Expenditure Rp 7,626 Trillion

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05/03/2018 17:17 WIB

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Household consumption expenditure contributed Rp 7.627.9 trillion, or 56.13%, to the national GDP.

Household Consumption Expenditure Database (2017)

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Household Consumption Expenditure Database (2017)

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Household consumption is the main driver of Indonesia's economic growth. Data from the Central Bureau of Statistics (BPS) recorded that Household (RT) consumption, based on current prices in 2017, reached Rp 7,627.9 trillion, or 56.13% of the total national Gross Domestic Product (GDP) valued at Rp 13,588.9 trillion. Based on expenditure sources, household consumption contributed 2.69% to the total national GDP growth of 5.07% last year.

The largest contributor to household expenditure is the food and beverage (non-restaurant) sub-sector, amounting to Rp 2,980.4 trillion. This figure represents 39.08% of total household expenditure or 21.93% of the total national GDP.

The second largest household expenditure is the transportation and communication sub-sector, contributing 23.06% to household expenditure or 12.94% of Indonesia's total GDP. Meanwhile, the housing and household equipment sub-sector is the third largest contributor, reaching 12.84% of household expenditure or 7.21% of national GDP.

(Read Databoks: Household Consumption Growth Lowest Since 2011)

"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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2017, Household Consumption Expenditure Rp 7,626 Trillion

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2017, Household Consumption Expenditure Rp 7,626 Trillion

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