Surabaya's 2023 current price Gross Regional Domestic Product (GRDP) reached Rp715.29 trillion. This represents a 5.7% increase compared to the previous year's Rp655.62 trillion.
Compared to the COVID-19 pandemic year of 2020, the region's economic growth is significantly higher. At the end of 2020, post-COVID, growth recorded a 4.85% decline.
According to BPS (Statistics Indonesia) publications, with a total population of 3 million, the GRDP per capita in the region is recorded at Rp245.68 million/capita/year. Nationally, this ranks 17th.
Of the 17 sectors driving the region's economy, the wholesale and retail trade, repair of motor vehicles and motorcycles sector is the leading contributor.
This sector, ranked first, contributed the largest GRDP in 2023, reaching Rp201.43 billion (Note: The original text appears to have a typographical error, likely intended to be billion, not million). This represents a 5.48% growth.
Following this is the manufacturing industry, which grew by 3.34% to Rp135.43 billion (Note: Again, likely a typographical error in the original, intended to be billion). The accommodation and food service sector, ranked third, grew by 7.84% to Rp114.63 billion (Note: Likely a typographical error in the original, intended to be billion).
Finally, rounding out Surabaya's top five GRDP sectors is transportation and warehousing, valued at Rp42.83 billion (Note: Likely a typographical error in the original, intended to be billion). According to BPS, this sector grew by 11.16% year-on-year from the previous year's Rp36.26 billion (Note: Likely a typographical error in the original, intended to be billion).
Distribution of GRDP in Surabaya in 2023
In terms of distribution, the main sector contributing the most to GRDP growth in Surabaya is wholesale and retail trade, repair of motor vehicles and motorcycles, with a contribution of 28.06%. Other sectors in the top five include manufacturing, accommodation and food services, construction, and information and communication.
The sectors with the smallest distribution are Health and Social Services; Electricity and Gas Supply; Agriculture, Forestry and Fisheries; Water Supply, Waste Management, Waste and Recycling; and Mining and Quarrying.