Batam's 2023 current price Gross Regional Domestic Product (GRDP) reached Rp216.1 trillion. This represents a 7.04% increase compared to the previous year's Rp194.84 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 2.55%.
According to BPS (Statistics Indonesia) publications, with a total population of 1.24 million, the GRDP per capita in this region is recorded at Rp171.97 million/capita/year. Nationally, this ranks 32nd.
Of the 17 sectors driving the region's economy, the manufacturing industry is the leading sector.
The manufacturing sector holds the top position. In 2023, it contributed the largest share to the GRDP, reaching Rp121.83 billion (Note: The original text appears to have a typographical error, likely intending "billion" instead of "jutajuta"). This represents a 4.49% growth.
Following in second place is the construction sector, growing by 9.86% to Rp46.13 billion (Note: The original text appears to have a typographical error, likely intending "billion" instead of "jutajuta"). The wholesale and retail trade, repair of motor vehicles and motorcycles sector contributed Rp13.17 billion (9.5%).
Rounding out the top five is the information and communication sector with a GRDP of Rp6.16 billion. This sector recorded an 18.5% growth compared to the previous year's Rp5.1 billion.
Distribution of GRDP in Batam City in 2023
In terms of distribution, the manufacturing sector contributed the largest share to Batam City's GRDP growth at 56.62%. Other sectors in the top five include construction, wholesale and retail trade, repair of motor vehicles and motorcycles, information and communication, and financial and insurance services.
The sectors with the smallest distribution are Health and Social Services, Other Services, Water Supply, Waste Management, Waste and Recycling, Mining and Quarrying, and Business Services.