Main Economic Drivers in Polewali Mandar Regency in 2023

Economics & Macro

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Agus Dwi Darmawan 30/11/2024 14:22 WIB

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Of the 17 sectors driving economic growth in these regencies/cities, agriculture, forestry, and fisheries are the leading sectors.

Poverty Rate Based on the Household Assets Index (ADHB) in Polewali Mandar Regency by Sector in 2023

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Poverty Rate Based on the Household Assets Index (ADHB) in Polewali Mandar Regency by Sector in 2023

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The 2023 current price Gross Regional Domestic Product (GRDP) of Polewali Mandar Regency was recorded at Rp16 trillion. This represents a 4.58% growth compared to the previous year's Rp14.84 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 1.58%.

According to BPS publications, with a total population of 491,010, the GRDP per capita in this region is recorded at Rp32.3 million/capita/year. Nationally, this ranks 380th.

Of the 17 sectors driving economic activity in this regency, the agriculture, forestry, and fisheries sector is the leading contributor.

In 2023, the agriculture, forestry, and fisheries sector in Polewali Mandar Regency recorded a value of Rp6.86 trillion, ranking first among the 17 sectors. This sector grew by 5.14% compared to the previous year's figure of Rp6.23 trillion.

Second is the wholesale and retail trade, repair of motor vehicles and motorcycles sector, which grew by 4.99% to Rp2.5 trillion, followed by the construction sector, which grew by 3.16% to Rp1.07 trillion.

Rounding out the top five contributing sectors is government administration, defense, and mandatory social security, with a GRDP of Rp853.45 billion. This sector recorded negative growth of -0.47% compared to the previous year's figure of Rp839.92 billion.

Distribution of GRDP in Polewali Mandar Regency in 2023

Based on its distribution, the main sector contributing the most to GRDP growth in Polewali Mandar Regency is the agriculture, forestry, and fisheries sector, with a contribution of 38.98%. Other sectors in the top five include wholesale and retail trade, repair of motor vehicles and motorcycles; the manufacturing industry; the construction sector; and the information and communication sector.

The sectors with the smallest distribution are Transportation and Warehousing; Accommodation and Food Services; Water Supply; Waste Management, Waste and Recycling; Business Services; and Electricity and Gas Supply.

"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."