Sulawesi's Economic Growth Highest in Indonesia in Q3 2022

Cindy Mutia Annur 08/11/2022 17:00 WIB

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Sulawesi recorded the highest economic growth in Indonesia in the third quarter of 2022, reaching 8.24% (year-on-year).

Economic Growth by Island (Quarter III-2022)

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Sulawesi's Economic Growth Highest in Indonesia in Q3 2022

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Economic Growth by Island (Quarter III-2022)

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The Central Statistics Agency (BPS) reported that Indonesia's economy grew by 5.72% year-on-year (yoy) in the third quarter of 2022.

Sulawesi recorded the highest economic growth in Indonesia during the third quarter of 2022, reaching 8.24% (yoy). However, the region's contribution to the national GDP was only 7.11%.

According to BPS, the main drivers of Sulawesi's economic growth were the manufacturing, mining, and quarrying industries.

Maluku and Papua experienced the second-highest economic growth at 7.51% (yoy), contributing 2.43% to the GDP. Bali and Nusa Tenggara recorded economic growth of 6.69% (yoy), contributing 2.74% to the national economy.

Furthermore, Java's economic growth was 5.76% (yoy), with a GDP contribution of 56.3%. Kalimantan's economy grew by 5.67% (yoy), contributing 9.42% to the GDP.

Sumatra's economy had the lowest growth, at only 4.71% (yoy), with a contribution of 22% to the national GDP.

Editor : Annissa Mutia

"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."