Main Economic Drivers in Cirebon Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 15/11/2024 08:15 WIB

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The manufacturing industry sector in Cirebon Regency is a mainstay and contributed the largest share to the GRDP in 2023, reaching Rp12.45 trillion.

Poverty Rate Based on the ADHB (Average Daily Household Expenditure) in Cirebon Regency by Sector in 2023

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Poverty Rate Based on the ADHB (Average Daily Household Expenditure) in Cirebon Regency by Sector in 2023

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Cirebon Regency's 2023 Gross Regional Domestic Product (GRDP) at current prices reached Rp61.31 trillion. This represents a 4.85% increase compared to the previous year's Rp56.65 trillion.

Compared to the COVID-19 pandemic in 2020, the region's economic growth is significantly higher. At the end of 2020, post-COVID, growth recorded a decrease of 1.08%.

According to BPS (Statistics Indonesia) publications, with a total population of 2.42 million, the GRDP per capita in the region is recorded at Rp25,970,000/capita/year. Nationally, this ranks 436th.

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

The manufacturing industry in Cirebon Regency is a mainstay sector, contributing the largest share to the 2023 GRDP with a value of Rp12.45 trillion. This represents a 5.38% growth compared to the previous year's Rp11.67 trillion.

Second is the agriculture, forestry, and fisheries sector, which experienced negative growth of -2.13%, reaching Rp9.16 trillion. The wholesale and retail trade, repair of motor vehicles and motorcycles sector grew by 2.02% to Rp8.33 trillion.

Finally, rounding out the top five GRDP sectors in Cirebon Regency is transportation and warehousing, valued at Rp6.26 trillion. According to BPS, this sector achieved 16.88% growth over the past year, up from Rp4.99 trillion.

Distribution of GRDP in Cirebon Regency in 2023

By distribution level, the main sector contributing the largest growth to Cirebon Regency's GRDP is the manufacturing industry, with a contribution of 20.69%. Other top five sectors include wholesale and retail trade, repair of motor vehicles and motorcycles; agriculture, forestry, and fisheries; construction; and transportation and warehousing.

Sectors with the smallest distribution include Health and Social Services; Mining and Quarrying; Business Services; 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."

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Main Economic Drivers in Cirebon Regency in 2023

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