Indonesian economy still concentrated on Java Island: BPS Head

Indonesia’s economy in the second quarter of 2022 is still concentrated on Java Island, according to Head of Indonesia Statistics (BPS) Margo Yuwono .

This is apparent from the fact that provinces in the island dominate in terms of contribution to the gross domestic product (GDP).

“Java Island contributes 56.55 percent to the GDP,” he said during the 2022 Second Quarter Economic Growth Announcement observed online on Friday

This contribution came from Java Island’s economic growth, clocked at 5.66 percent, during the second quarter of this year as compared to the same period in the previous year (year-on-year).

The major driver of Java Island’s economic growth is the industry sector, at 1.9 percent, and trade, at 0.94 percent.

After Java Island, the domestic economic structure is spatially dominated by Sumatra Island, at 22.03 percent, as a result of the island’s economic growth of 4.95 percent (yoy).

This growth is driven by the trade sector, with contribution that reached 1.45 percent and agriculture, 0.86 percent.

Kalimantan Island contributed 9.09 percent to Indonesia’s GDP, with 4.25 percent (yoy) growth, primarily as a result of the mining sector, with 1.46 percent, and trade, 0.86 percent.

Meanwhile, Sulawesi Island managed to contribute 7.1 percent to the national GDP, with 6.47-percent (yoy) growth owing to the industry sector, with 2.29 percent, and trade, 1.18 percent.

Bali and Nusa Tenggara contributed 2.73 percent, with 3.94-percent (yoy) growth, driven by the mining sector, with 1.24 percent, as well as accommodation, food, and beverage, 0.73 percent.

Maluku and Papua Island contributed 2.51 percent, with 13.01-percent (yoy) growth supported by the mining industry, with 7.38 percent, and industry, 2.66 percent.

“However, Maluku and Papua recorded the highest growth during the second quarter of this year as compared to the other islands,” Yuwono pointed out.

Source: Antara News