Indonesian PDB Shows an Upward Trend in the Last Two Decades

Indonesia's Gross Domestic Product (GDP) has shown an upward trend over the last two decades. Only in 2020 did Indonesia's GDP decline, coinciding with the global COVID-19 pandemic, which also affected Indonesia.

The Central Statistics Agency (BPS) reported that the national GDP at current prices reached Rp 16.97 quadrillion, equivalent to US$ 1.19 trillion (using an exchange rate of Rp 14,269 per US$), in 2021. This figure is higher than the previous year's Rp 15.4 quadrillion.

National GDP Distribution by Sector in 2021:

1. Manufacturing contributed 19.25%
2. Agriculture contributed 13.28%
3. Wholesale & Retail Trade contributed 12.97%
4. Construction contributed 10.44%
5. Mining & Quarrying contributed 8.98%
6. Information & Communication contributed 4.41%
7. Financial Services & Insurance contributed 4.34%
8. Transportation & Warehousing contributed 4.24%
9. Government Administration contributed 3.44%
10. Education Services contributed 3.28%
11. Real Estate contributed 2.76%
12. Accommodation Services contributed 2.43%
13. Other Services contributed 1.84%
14. Corporate Services contributed 1.77%
15. Health & Social Services contributed 1.34%
16. Electricity and Gas contributed 1.12%
17. Water Supply & Waste Management contributed 0.07%

Meanwhile, based on constant 2010 prices, the Indonesian economy grew by 3.69% in 2021. This achievement is better than the previous year's contraction of 2.07%. However, this achievement is still below the growth rate before the COVID-19 pandemic.

Almost all sectors recorded growth throughout last year, except for the government administration, defense, and mandatory social security sector, which experienced a contraction of 0.33% compared to the previous year.

Indonesia's GDP Growth by Sector in 2021:

1. Health & Social Activities grew by 10.46%
2. Information & Communication grew by 6.81%
3. Electricity & Gas Supply grew by 5.55%
4. Water Supply & Waste Management grew by 4.97%
5. Wholesale & Retail Trade grew by 4.65%
6. Mining & Quarrying grew by 4.00%
7. Accommodation & Food Services grew by 3.89%
8. Manufacturing grew by 3.39%
9. Transportation & Warehousing grew by 3.24%
10. Construction grew by 2.81%
11. Real Estate grew by 2.78%
12. Other Services grew by 2.12%
13. Agriculture grew by 1.84%
14. Financial Services & Insurance grew by 1.56%
15. Corporate Services grew by 0.73%
16. Education Services grew by 0.11%
17. Government Administration grew by -0.33%