East Nusa Tenggara's economy in 2023 will grow by 3.52 percent - BPS-Statistics Indonesia Nusa Tenggara Timur Province

For information service and data consultation, kindly contact us on 082247291975 (whatsapp only) or through email pst5300@bps.go.id 

Did you feel our service is bad? Report us in here

| do you like writing? Submit your scientific work in the Journal of Applied Statistics (JSTAR) BPS NTT Province via the link jstar.id

East Nusa Tenggara's economy in 2023 will grow by 3.52 percent

Release Date : February 5, 2024
File Size : 1.82 MB

Abstract

  • The economy of East Nusa Tenggara (NTT) based on the Gross Regional Domestic Product (GRDP) at current prices in 2023 reached IDR 128.52 trillion and at constant prices in 2010 it reached IDR 75.26 trillion.
  • NTT's economy in 2023 will grow by 3.52 percent (c-to-c). From a business perspective, the highest economic growth was achieved by the Electricity and Gas Procurement sector, namely 12.15 percent. Meanwhile, from the expenditure side, the Goods and Services Export Component experienced the highest growth of 20.09 percent.
  • NTT's economy in the fourth quarter of 2023 grew by 4.14 percent compared to the same period in 2022 (y-on-y). In terms of the business sector, the highest economic growth was achieved by the Electricity and Gas Procurement sector, namely 16.39 percent. Meanwhile, in terms of expenditure, the Goods and Services Export Component experienced the highest growth, namely 50.99 percent.
  • When compared with the previous quarter (q-to-q), the NTT economy in quarter IV-2023 experienced growth of 4.63 percent. From a business perspective, the highest growth occurred in the Government Administration, Defense and Mandatory Social Security business sector at 15.66 percent. Meanwhile, in terms of expenditure, the Government Consumption Expenditure Component experienced the highest growth of 42.50 percent.
  • NTT's economic structure in 2023 will still be dominated by agriculture, forestry and fisheries with a contribution of 29.32 percent. Meanwhile, the expenditure side is still dominated by household consumption expenditure, namely 67.48 percent.
Badan Pusat Statistik

BPS-Statistics Indonesia

Badan Pusat Statistik Provinsi Nusa Tenggara Timur (Statistics of Nusa Tenggara Timur Province)Jl. R. Suprapto No. 5 Kupang - 85111

Telp (0380) 826289

821755

Faks (0380) 833124

Mailbox : pst5300@bps[dot]go[dot]id

bps5300@bps[dot]go[dot]id

logo_footer

Manual

ToU

Links

Copyright © 2023 BPS-Statistics Indonesia