Main Economic Drivers in Palangkaraya City in 2023

Economics & Macro

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Agus Dwi Darmawan 01/03/2025 14:30 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the administration, defense, and social security sectors must be prioritized.

Poverty Rate Based on Household Consumption Expenditure (ADHB) in Palangkaraya City by Sector in 2023

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Poverty Rate Based on Household Consumption Expenditure (ADHB) in Palangkaraya City by Sector in 2023

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Palangkaraya City's 2023 current price Gross Regional Domestic Product (GRDP) reached Rp24.18 trillion. This represents a 6.57% increase compared to the previous year's Rp21.95 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 recorded a decrease of 2.85%.

According to BPS (Statistics Indonesia) publications, with a total population of 302,310, the GRDP per capita in this region is recorded at Rp79,060,000 per capita per year. Nationally, this ranks 108th.

Of the 17 sectors driving the region's economy, the administration, defense, and mandatory social security sector is the leading contributor.

In 2023, the administration, defense, and mandatory social security sector in Palangkaraya City recorded a value of Rp4.6 trillion. This is the highest among the 17 sectors, showing a 5.82% growth compared to the previous year's Rp4.21 trillion.

Following this is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 6.48% to Rp4.34 trillion, and the construction sector, which grew by 8.44% to Rp2.86 trillion.

Other sectors contributing to the top five include the manufacturing industry with a GRDP of Rp2.15 trillion.

Distribution of GRDP in Palangkaraya City in 2023

In terms of distribution, the main sector contributing to the largest GRDP growth in Palangkaraya City is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, with a contribution of 19.79%. Other top five sectors include administration, defense, and mandatory social security; construction; transportation and warehousing; and manufacturing.

The sectors with the smallest distribution are mining and quarrying; other services; electricity and gas supply; water supply; waste management, waste and recycling; and corporate services.

"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 Palangkaraya City in 2023

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