Economic Growth of Bali Greater than National
By : Herry Barus And Aldi Firhand. A | Tuesday, May 08 2018 - 21:06 IWST
![Port, illustration of loading and unloading of goods](https://eagle.industry.co.id/uploads/berita/detail/1175.jpg)
Port, illustration of loading and unloading of goods
INDUSTRY.co.id - Denpasar- The economic growth of Bali during the first quarter-2018 reached 5.68 percent, 0.62 percent greater than the national economic growth in the same quarter was recorded at 5.06 percent.
"However, the growth in Bali compared to Q1 / 2017 (y-on-y) slowed, as the previous growth reached 6.24 percent," said Head of Bali Provincial Central Statistics Agency Adi Nugroho in Denpasar on Monday (8 / 5/2018)
He said the highest growth was recorded in health services business and social activities by 9.29 percent. On the expenditure side of the Consumer Expenditure Development Index (LNPRT) and gross fixed capital growth (PMTB) were high growth components of 12.18 percent and 6.98 percent, respectively.
However, Bali's economic growth compared to the previous quarter (q-to-q) grew by 0.09 percent. In terms of business field, the highest growth was achieved by mining and quarrying by 6.79 percent.
In terms of expenditure, the highest growth was achieved by exports and invowent changes with growth of 7.62 percent and 2.26 percent, respectively.
Adi Nugroho added that the economic structure of Bali in the first quarter of 2018 still dominated the field of accommodation and drinking food business with distribution of 23.26 percent, following the field of agricultural, forestry and fishery business by 14.28 percent.
While the largest distribution in the first quarter-2018 and expenditure component components ie export components (57.53 percent), followed by household consumption 46.37 percent. Meanwhile, the contribution of imported components as component of reducer was recorded at 44.87 percent.
Adi Nugroho explained, the total of Bali's economy in the first quarter-2018 measured based on gross regional domestic product (GRDP) at current prices (ADHB) of Rp56.33 trillion. Meanwhile, based on constant price (ADHK), it was recorded at Rp36.92 trillion. (Ant)
Read Also
Experts gather in Nanning to support high-quality development of…
Indonesian Humanitarian Aid for Palestine arrives in Egypt
Focusing on Profit Improvement, ASSA Successfully Increased Net Profit…
CMA CGM announces the creation of the Asia Pacific Hub of ZEBOX,…
ASSA Books 15% YoY Revenue Increase and Nearly IDR 1 Trillion Cash…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment