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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| Inflasi yoy (Jul) | 2,88% | -0.46 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.715 | -0.12 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jun) | -450,50 | -72.02 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jun) | 4,56 | +0.96 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jun) | 25,91 | +4.41 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jul) | 116,16 | +1.32 |
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