Statistics Indonesia: Maluku, Papua See Highest Growth Rate in Q2 2022
Translator
Editor
5 August 2022 15:18 WIB
TEMPO.CO, Jakarta - Statistics Indonesia or BPS reported that Maluku and Papua recorded the highest economic growth rate of 13.01 percent year-on-year (yoy) in the second quarter of 2022.
BPS Head Margo Yuwono said that, however, the two province’s contribution to national economic growth was still small.
“The highest growth rate is recorded in Maluku and Papua at 13.01 percent, but their shares to the national economy are only 2.51 percent,” said Margo at today’s press conference, August 5, 2022.
Margo explained the mining sector contributed the largest to the economic development of the two provinces with 7.83 percent.
Nationally, the Indonesian economy in the second quarter of 2022 was still highly supported by Java Island, which recorded a growth rate of 5.66 percent, and its contribution to GDP amounted to 56.55 percent.
“The main source of Java’s economic growth is the industrial sector at 1.90 percent, followed by the trade sector with a share of 0.94 percent,” Margo informed.
Meanwhile, Bali and Nusa Tenggara recorded the lowest economic growth rate of 3.94 percent in the second quarter of 2022. “The source of growth is the mining sector with a share of 1.24 percent, followed by accommodation and food and beverages sectors at 0.73 percent,” he said.
BISNIS.COM
Click here to get the latest news updates from Tempo on Google News