Sunday, 7 July 2013

INDONESIA’S GDP IN QUARTER I/2013 GREW BY 6.02%



Indonesia’s GDP in quarter l/2013 compared to quarter l/2012 was posting growth of 6.02%. Production wise, this growth was supported by all sectors except the miner and excavation sectors which posted downturn of 0.43%. Meanwhile the highest growth was attained by the transportation and communication sector 9.98% followed by the sectors of finance, real estate, and company services 8.35%, construction 7.19%, electricity, gas and clean water 6.54% trading, hotel and restaurant 6.52%, services 6.48, processing industry 5.84% and agriculture, livestock farming, forestry and fishery 3.70%. The sector contributing greatest contribution to national economy in quarter l/2013 was the processing industry 1.48%.
               
BPS data obtained on Monday [13/5] had it that Indonesia’s economy which was measured by size of GDP on the basis of valid price in quarter l/2013 came to Rp2, 146.4 trillion, whilst GDP based on constant 2000 came to Rp671, 3trillion.
               
Indonesia’s economic growth in quarter l/2013 compared to quarter lV/2012 measured by GDP on the basis of constant price increased by 1.41%. production wise, this growth was especially supported by the sectors of agriculture, livestock farming, forestry and fishery which grew by 23.06%, the sectors of transportation and communication 1.57%: and miner and excavation 0.02%.
               
Growth of the sectors of agriculture, livestock farm, forestry and fishery was 23.06% signaling the beginning of rice harvesting. Such was reflected in the steep increase in the subsectors of food plantation 68.60%. The sectors of finance, real estate, financial service especially with support of the banking sector grew by 4.82%. Meanwhile growth in the sectors of transportation and communication was 2.95%.
               
In the overall structure of Indonesia’s GDP, it was visible that the prevalent economic sectors were processing industry 23.59%, followed by agriculture, livestock farming, forestry and fishery 15.04%; trading, hotel and restaurant 14.11%; minery and excavations 11.44% and services 10.43%; and construction sector 10.18%. As a whole the 6 sectors’ role had a share of 84.79% in national GDP. The other 3 sectors had shares of less than 10% respectively. Meanwhile the role of the entire economic sectors minus oil-gas in GDP in quarter l/2013 was 92.55%.
               
The sectors of electricity, gas and clean water; construction; hotel and restaurant; transportation and communication; finance, real estate and company’s service and other services were posting increase of roles in quarter l/2003 against quarter l/2012. Meanwhile the roles of agriculture, livestock, farming, forestry, and fishery; minery and excavation, and processing industry were posting downturn. (SS)



Business News - May 17,2013

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