The 2023 current price Gross Regional Domestic Product (GRDP) of Balangan Regency was recorded at Rp20.88 trillion. This represents a 4.17% growth compared to the previous year's Rp19.85 trillion.
Compared to the COVID-19 pandemic period in 2020, the economic growth in this region is significantly higher. At the end of 2020, post-COVID, growth was recorded at a decrease of 2.47%.
According to BPS (Statistics Indonesia) publications, with a total population of 134,850, the GRDP per capita in this region was recorded at Rp153.37 million/capita/year. Nationally, this ranks 37th.
Of the 17 sectors driving the economy in this regency, the mining and quarrying sector is the leading contributor.
The mining and quarrying sector in Balangan Regency is the mainstay sector and contributed the largest share to the 2023 GRDP, reaching Rp15.39 trillion. This represents a 3.62% increase compared to the previous year's Rp14.87 trillion.
The agriculture, forestry, and fisheries sector grew by 3.99% to Rp1.6 trillion, while the wholesale and retail trade, repair of motor vehicles and motorcycles sector grew by 6.67% to Rp867.76 billion.
The final sector in the top five contributors is government administration, defense, and compulsory social security, with a GRDP of Rp627.29 billion. This sector grew by 5.48% compared to the previous year's Rp572.28 billion.
Distribution of GRDP in Balangan Regency in 2023
In terms of distribution, the main sector contributing the largest growth to the GRDP in Balangan Regency is mining and quarrying, with a contribution of 67.56%. Other sectors in the top five include agriculture, forestry, and fisheries; wholesale and retail trade, repair of motor vehicles and motorcycles; construction; and government administration, defense, and compulsory social security.
The sectors with the smallest distribution are accommodation and food services; financial and insurance services; water supply, waste management, waste and recycling; business services; and electricity and gas supply.