Java Island Contributed 57.04% to Indonesia's Economy in Q2 2024
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The Central Statistics Agency (BPS) reported that Indonesia's Gross Domestic Product (GDP) at current prices reached Rp5,536.5 trillion in the second quarter of 2024.
At constant prices, the value was equivalent to Rp3,231 trillion, representing a 5.05% year-on-year (yoy) growth compared to the second quarter of the previous year.
In the second quarter of this year, Indonesia's economy remained centered on Java Island, which contributed 57.04% to the national GDP.
The next largest contributors were Sumatra Island (22.08%), followed by Kalimantan (8.18%), Sulawesi (7.16%), Bali and Nusa Tenggara (2.84%), and Maluku and Papua (2.84%).
BPS Deputy for Balance and Statistical Analysis, Moh. Edy Mahmud, stated that spatially, the economy continued to grow throughout the country.
Maluku and Papua recorded the highest economic growth rate, reaching 8.45% (yoy) in the second quarter of 2024.
This was followed by Bali and Nusa Tenggara at 6.84% (yoy) and Sulawesi at 6.07% (yoy).
"Economic growth in Maluku and Papua, and Sulawesi, was primarily driven by the manufacturing industry. Meanwhile, growth in Bali and Nusa Tenggara was driven by growth in the mining and quarrying sector," said Edy in an online press conference on Monday (August 5, 2024).
Following these were Kalimantan with a growth rate of 5.22% (yoy), Java at 4.92% (yoy), and Sumatra with the lowest growth rate at 4.48% (yoy).
"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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