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Main Economic Drivers in Banggai Kepulauan Regency in 2023

Agus Dwi Darmawan 27/12/2024 17:39 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, agriculture, forestry, and fisheries are the leading sectors.

Poverty Rate Based on the ADHB (Indeks Desa Tertinggal Berbasis Aspirasi) in Banggai Kepulauan Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Indeks Desa Tertinggal Berbasis Aspirasi) in Banggai Kepulauan Regency by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of Banggai Kepulauan Regency reached Rp4,925.53 billion. The GRDP in this regency grew by 3.94% compared to the previous year's Rp4,568.79 billion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. Previously, at the end of 2020, post-COVID growth recorded a decline of 2.36%.

According to BPS publications, with a total population of 126,040, the GRDP per capita in this region is recorded at Rp39,910,000/capita/year. Nationally, this GRDP per capita ranks 306th.

Of the 17 sectors driving economic activity in this regency, the agriculture, forestry, and fisheries sector is the leading sector.

The agriculture, forestry, and fisheries sector in Banggai Kepulauan Regency is the mainstay sector and contributed the largest share to the GRDP in 2023, reaching Rp2.36 trillion. This nominal value grew by 3.08% compared to the previous year's Rp2.19 trillion.

Next in second place is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 5.91% to Rp997.05 billion; followed by the public administration, defense, and compulsory social security sector, which grew by 1.91% to Rp256.34 billion.

In addition, other sectors contributing to the top five are information and communication, with a GRDP of Rp159.5 billion.

Distribution of GRDP in Banggai Kepulauan Regency in 2023

According to its distribution level, the main sector contributing the largest growth to the GRDP in Banggai Kepulauan Regency is the agriculture, forestry, and fisheries sector, with a contribution of 47.76%. Other sectors in the top five are wholesale and retail trade, repair of motor vehicles and motorcycles, education services, public administration, defense and compulsory social security, and information and communication.

The sectors with the smallest distribution are Mining and Quarrying, Accommodation and Food Service Activities, Water Supply, Waste Management, Waste and Recycling, Business Services, and Electricity and Gas Supply.

"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 Banggai Kepulauan Regency in 2023

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