PROVINCES IN JAVA CONTRIBUTED 57.52% TO GDP

According to the Central Board of Statis­tics (BPS), Indonesia’s economic structure in quar­ter II/2012 was still dominated by provinces in Java (West, Central, East Java) which contributed 57.52% to GDP followed by Sumatra 23.83%, Kalimantan 9.26%, Sulawesi 4.75% and the rest 4.64% by other provinces.

In Java, the provinces which contributed most was Greater Jakarta (DKI) 16.20%, East Java 14.86%, West Java 14.24% and Central Java 8.24%. Meanwhile in Sumatra 3 provinces which contributed most were Riau (7.00%) North Sumatra (5.23%) and South Sumatra (3.08%). In Kalimantan, the province which contributed most was East Kali­mantan (6.11%) while in Sulawesi the province which contributed most was South Sulawesi (2.41%).

In terms of expenditure, the component of Formation of Gross Fixed Capital (PMTB) based on constant price 2000 was having increase tram Rp 164,1 trillion in quarter II/2012 to Rp 169.0 in quar­ter III/2012 or growing by 2.94%. The component of Household Consumers Expenditure was also posting increase from Rp 356.8 trillion in quarter II/2012 to become Rp366.4 trillion in quarter III/2012 or grow­ing by 2.71%.

Other GDP components which posted down­turn was Government’s consumption expenditure from Rp 49.1 trillion in quarter II/2012 to Rp 49.0 trillion in quarter III/2012 a downturn of 0.07%. Export of goods and services from Rp 306.7 trillion in quarter II/2012 to Rp 306.1 trillion in quarter III/2012, a downturn of 0.21%, and import of goods and services from Rp 258.3 trillion in quarter III/2012, a downturn of 8.36%.

To calculate on the basis of marketprice, the Gross Fixed Capital Formation (PMTB) rose from Rp 672,0 trillion in quarter II/2012 to become Rp 704.3 trillion in quarter III/2012, and Household Consump­tion Expenditure also rose from Rp 1,097.1 trillion in quarter II/2012 to become Rp 1,163.2 trillion in quar­ter III/2012.

Other GDP components which were also posting downturn was Government Consumption Expenditure from Rp 184.3 trillion in quarter II/2012 to become Rp 178.8 trillion in quarter III/2012, ex­ported goods and services from Rp 499.9 trillion in quarter II/2012 to become Rp 491.4 trillion in quarter III 2012. The same applied to Goods and Services from Rp 545.4 trillion in quarter II/2012 to become Rp 504.5 trillion in quarter III/2012.

Growth of GDP in quarter III/2012 compared to same quarter of 2011 supported by Gross Fixed Capital (PMTB) amounting to 10.02% and Household Consumption Expenditure 5.68%., while ether GDO components which were pasting downturn were Government Consumption Expenditure which went down by 3.22%. Export of goods and services also dropped by 2.78% and import of goods and services dropped by 0.54%.

Accumulative economic growth up to quar­ter III/2012 compared to same period of 2011 all GDP components were posting increase in terms of expenditure. The biggest increase was in Gross Fixed Capital Formation (PMTB) rising by 10.77% followed by import of goods and services 6.04%, Household Consumption Expenditure 5.29%, Government Consumption Expenditure 5.29%, Government Consump­tion Expenditure 2.93% and exported goods and ser­vices 2.21%.

The main source of economic growth in y o y basis per quarter III/2012 was Household Consump­tion Expenditure 3.12%. The next biggest contribu­tion was Gross Fixed Capital Expenditure (PMTB) 2.43% Other components posting downturn were ex­ported goods and services down by 1.38%, Govern­ment Consumption Expenditure dropped by 0.26% and imported goods and services down by 0.02%.

Structure of GDP by expenditure in 2011 or 2012 posted no notable change. GDP structure by expenditure in quarter III/2012 was still dominated by Household Consumption Expenditure which gave the biggest contribution (54.79%) followed by Gross capital Formation Wfv11731 33.18%. Exported goods and services was 23.25%, Government Consump­tion expenditure 8.24%. Meanwhile imported goods and services was posted at 23.76%.

 

Business News - November 19, 2012