Bali's Economy Grew by Only 0.51% in the Fourth Quarter of 2021
- A Small
- A Medium
- A Bigger
Bali's economic growth only reached 0.51% year-on-year (yoy) in Q4 2021. Five sectors contributed to this low economic growth in Bali during the last quarter.
Transportation and warehousing contracted by 10.73% (yoy). Furthermore, the main driver of Bali's economic growth, accommodation and food services, contracted by 5.92% (yoy). This is despite the fact that the accommodation and food services sector contributed 16.49% to Bali's total regional gross domestic product (PDRB) in Q4 2021.
The next lowest growth came from the financial and insurance services sector, which only grew by -2% (yoy). Company services grew by only -1.08% (yoy). Finally, other services contracted by 0.18% (yoy).
Meanwhile, the three sectors with the highest growth were electricity and gas supply, manufacturing, and service activities. The electricity and gas supply sector grew by 10.62% (yoy).
This was followed by the manufacturing industry, which grew by 8.68% (yoy). Then, health and social services grew by 7% (yoy).
Nevertheless, Bali's economy surged compared to the previous quarter. Previously, Bali's economy experienced a contraction. Bali's economy grew by -2.93% (yoy) in Q3 2021. Compared to the same quarter of the previous year, it grew by -12.36% (yoy).
"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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| Name | Value | % | |
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| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.818 | +0.19 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| NTP (Mei) | 113,79 | +1.34 |
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