Q2 2017, Which Sector Grew the Most?

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07/08/2017 14:30 WIB

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Sectoral Growth Rate by Business Field, Second Quarter 2017 (YoY)

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Q2 2017, Which Sector Grew the Most?

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Sectoral Growth Rate by Business Field, Second Quarter 2017 (YoY)

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Based on business sector, the information and communication sector recorded the highest growth. A release from the Central Statistics Agency (BPS) shows that the information and communication sector in the second quarter of 2017 grew by 10.88 percent compared to the second quarter of the previous year. The proliferation of online trade and transportation, and social media in the country, along with the growth of internet users, has made this sector grow the highest compared to other sectors.

Second highest was the transportation and warehousing sector, which grew by 8.37 percent in the second quarter of this year. This was followed by the corporate services sector in third place with growth of 8.14 percent compared to the second quarter of the previous year. Meanwhile, the government administration sector, and electricity and gas supply experienced a decline.

The Gross Domestic Product (GDP) by business sector at constant 2010 prices in the second quarter of 2017 grew by 5.01 percent to Rp 2,472.8 trillion from Rp 2,377.6 trillion in the same quarter of the previous year.

"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."