Indonesia's Industrial Sector Became the Biggest Economic Prop in Q2 2022

Economics & Macro

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Viva Budy Kusnandar 05/08/2022 15:10 WIB

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The industrial sector contributed 17.84% to national economic growth in the second quarter of 2022.

Contribution of Economic Growth by Sector (Second Quarter 2022)

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Indonesia's Industrial Sector Became the Biggest Economic Prop in Q2 2022

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Contribution of Economic Growth by Sector (Second Quarter 2022)

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The industrial sector remained the biggest contributor to Indonesia's economy until the second quarter of 2022.

Based on data from the Central Statistics Agency (BPS), the Gross Domestic Product (GDP) at current prices (ADHB) of the industrial sector reached Rp877.8 trillion in the second quarter of 2022.

Thus, the industrial sector contributed 17.84% to the national GDP, which totaled Rp4.92 quadrillion in the same period.

The industrial sector was also the largest source of economic growth in the second quarter of 2022, namely 0.82% of the 5.44% year-on-year (yoy) growth. However, this figure is lower than its contribution in the first quarter of 2022, which reached 1.06% of the 5.01% year-on-year (yoy) growth.

Other sectors with the largest contributions were mining at 13.06%, followed by agriculture at 12.98%, trade at 12.71%, and construction at 9.14%.

Transportation and warehousing contributed 4.79% to the economy in the second quarter of this year. This was followed by the financial services sector at 4.4%, the information and communication sector at 4.1%, the government administration sector at 3.14%, and the education services sector at 2.84%.

Editor : Adi Ahdiat

"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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Indonesia's Industrial Sector Became the Biggest Economic Prop in Q2 2022

Indonesia's Industrial Sector Became the Biggest Economic Prop in Q2 2022

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Indonesia's Industrial Sector Became the Biggest Economic Prop in Q2 2022

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