The Central Statistics Agency (BPS) announced Indonesia’s economic growth data for the second quarter of 2022. The result is in line with expectations, and the country’s economy is growing high. In the midst of global inflationary pressures and economic recession, Indonesia grew impressively by 5.44% in the second quarter of 2022, which indicates that the trend of economic recovery is continuing and strengthening. Indonesia’s Gross Domestic Product (GDP) grew 3.72% compared to the previous quarter (QoQ), Gross Domestic Product (GDP) at the current price of IDR 4,919.9 Trillion.
GDP growth by business sector (YoY), still led by Transportation and Warehousing with 21.27%, ETC 5.79%, Trade and Repair 4.42%, Mining and Processing industry with 4.01 and Agriculture 1.37 respectively %. Meanwhile, Gross Domestic Product (GDP) by Expenditure (YoY), led by exports at 19.74%, imports at 12.34%, household consumption at 5.51%, LNPRT consumption on 5.04%, PMTB at 3.07%, and government consumption down to -5.24%.
GRDP growth was still led by Java Island at 56.55%, followed by Sumatra at 22.03%, Bali and Nusa Tenggara at 9.09%, and Kalimantan at 9.09%. The contribution of GRDP by region is led by Maluku and Papua 13.1%, Sulawesi 6.47%, Java 5.66%, and Sumatra 4.95%.
August 5, 2022, CNBC Indonesia
(https://www.cnbcindonesia.com/news/20220805190813-16-361543/jauh-dari-resesi-ekonomi-indonesia-tumbuh-544)