Main Economic Drivers in Bantul Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 22/11/2024 14:33 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, the manufacturing industry is the leading sector.

Poverty Rate Based on the Indonesian Household Expenditure Survey (Susenas) in Bantul Regency by Sector in 2023

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Poverty Rate Based on the Indonesian Household Expenditure Survey (Susenas) in Bantul Regency by Sector in 2023

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Bantul Regency's 2023 Gross Regional Domestic Product (GRDP) at current prices reached Rp34.01 trillion. This represents a 5.06% growth compared to the previous year's Rp31.18 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 decrease of 1.65%.

According to BPS (Statistics Indonesia) data, with a total population of 968,240, the GRDP per capita in the region is recorded at Rp33,690,000/capita/year. Nationally, this ranks 360th.

Of the 17 sectors driving the regency's economy, the manufacturing industry is the leading sector.

In 2023, the manufacturing sector contributed the largest share to the GRDP, reaching Rp4.8 trillion, a 4.44% increase.

Second is the agriculture, forestry, and fisheries sector, which grew by 0.92% to Rp4.69 trillion, followed by the accommodation and food service sector, which grew by 8.53% to Rp4.18 trillion.

Rounding out the top five is the construction sector with a value of Rp2.87 trillion. According to BPS, this sector grew by 5.13% over the past year from its previous record of Rp2.77 trillion.

Distribution of GRDP in Bantul Regency in 2023

In terms of distribution, the information and communication sector contributed the largest share to GRDP growth in Bantul Regency at 13.88%. Other top five sectors include manufacturing, accommodation and food services, agriculture, forestry and fisheries, and construction.

Sectors with the smallest distribution include Other Services, Corporate Services, Mining and Quarrying, Electricity and Gas Supply, and Water Supply, Waste Management, Waste and Recycling.

"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."