The 2023 current price Gross Regional Domestic Product (GRDP) of Sula Islands Regency reached Rp3,044.54 billion. This represents a 2.57% growth compared to the previous year's Rp2,875.03 billion.
Compared to the COVID-19 pandemic year of 2020, the region's economic growth is significantly higher. Post-COVID growth at the end of 2020 was recorded at only 0.1%.
According to BPS (Statistics Indonesia) publications, with a total population of 104,910, the GRDP per capita in this region is recorded at Rp28,200,000/capita/year. Nationally, this ranks 417th.
Of the 17 sectors driving the regency's economy, agriculture, forestry, and fisheries are the leading sectors.
Agriculture, forestry, and fisheries contributed the largest share to the GRDP in 2023, reaching Rp1.34 trillion (Rp1,340,000,000,000) with a growth of 2.91%.
The second largest contributor was the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 3.26% to Rp432.4 billion (Rp432,400,000,000). The administration, defense, and compulsory social security sector ranked third with a GRDP of Rp420.35 billion (Rp420,350,000,000) (0.37% growth).
Rounding out the top five was the manufacturing industry with a GRDP of Rp137.3 billion (Rp137,300,000,000), showing a 3.06% growth compared to the previous year's Rp125.79 billion (Rp125,790,000,000).
GRDP Distribution in Sula Islands Regency in 2023
In terms of distribution, the agriculture, forestry, and fisheries sector contributed the most to GRDP growth in Sula Islands Regency, accounting for 40.73%. Other top five sectors include wholesale and retail trade, repair of motor vehicles and motorcycles; public administration, defense, and compulsory social security; construction; and manufacturing.
Sectors with the smallest distribution include corporate services; mining and quarrying; electricity and gas supply; real estate; and water supply, waste management, waste disposal, and recycling.