Q1 2018: Information and Telecommunications Sector Shows Highest Growth

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07/05/2018 17:08 WIB

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The information and communication sector grew by 8.69% in Q1 2018 compared to Q1 2017 (YoY).

Economic Structure and Growth by Business Sector (Q1 2018)

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Economic Structure and Growth by Business Sector (Q1 2018)

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The information and communication sector led economic growth in the first quarter of 2018. Data from the Central Bureau of Statistics recorded that the Gross Domestic Product (GDP) by industry at constant 2010 prices for the information and communication sector in Q1 2018 grew by 8.69% year-on-year (YoY) compared to Q1 2017. This achievement was the highest compared to the growth rate of other sectors' GDP.

The GDP of the information and telecommunications sector at current prices in the first quarter of this year reached Rp 134.6 trillion. Meanwhile, at constant 2010 prices, it amounted to Rp 131.4 trillion. The highest GDP growth rate at constant prices by industry was recorded by the transportation and warehousing sector, at 8.59%, followed by the other services sector at 8.42% in third place.

Based on its structure, the industrial sector remained the leader, contributing 20.27% to Indonesia's total GDP in Q1 2018, valued at Rp 3,505.3 trillion. The agricultural sector was second, contributing 13.26% to national GDP, followed by the trade sector at 13.26%.

"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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Q1 2018: Information and Telecommunications Sector Shows Highest Growth

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