Main Economic Drivers in Paniai Regency in 2023

Agus Dwi Darmawan 10/03/2025 14:36 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, mining and quarrying are the leading sectors.

Poverty Rate Based on the ADHB (Adjusted Headcount Ratio) in Paniai Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Adjusted Headcount Ratio) in Paniai Regency by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of Paniai Regency was recorded at Rp5,013.91 billion. The GRDP in this district grew by 2.43% compared to the previous year's Rp4,705.23 billion.

Compared to the COVID-19 pandemic period in 2020, economic growth in this region is significantly higher. The growth at the end of 2020 post-COVID was recorded at only 0.46%.

Of the 17 sectors driving economic activity in this district, mining and quarrying is the leading sector.

The mining and quarrying sector in Paniai Regency in 2023 recorded a value of Rp1.69 trillion. This GRDP is ranked first among the 17 other sectors. This sector grew by -0.69% compared to the previous year's figure of Rp1.59 trillion.

Following this, the construction sector grew by 6.14% to Rp1.54 trillion, the government administration, defense, and mandatory social security sector grew by 2.5% to Rp598.05 billion.

Finally, the top five GRDP sectors in Paniai Regency are wholesale and retail trade, repair of motor vehicles and motorcycles, with a value of Rp192.75 billion. According to BPS (Statistics Indonesia), this sector grew by 7.59% over the past year from the previous achievement of Rp168.21 billion.

GRDP Distribution in Paniai Regency in 2023

According to its distribution level, the main sector contributing the largest growth to the GRDP in Paniai Regency is the mining and quarrying sector, with a contribution of 39.86%. Other sectors in the top five are construction, government administration, defense and mandatory social security, agriculture, forestry and fisheries, and wholesale and retail trade, repair of motor vehicles and motorcycles.

The sectors with the smallest distribution are Corporate Services, Accommodation and Food Services, Financial and Insurance Services, Water Supply, Waste Management, Waste and Recycling, 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."