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The economy of Jambi Province in the third quarter of 2019 grew by 4.31 percent Download Press Release Released Schedule : 2019-11-05
The
economy of Jambi Province based on the amount of Gross Regional
Domestic Product (GRDP) based on current prices in the third quarter of
2019 reached Rp54 441.4 billion and at the base of constant prices in
2010 reached Rp37 503.1 billion.
The
economy of Jambi Province in the third quarter of 2019 grew 4.31
percent (y-on-y). From the production side, growth was driven by all
business fields, with the highest growth being achieved by Business
Fields, namely Health Services and Social Activities which grew 10.43
percent. In terms of expenditure, the highest growth was achieved by the
PK-P Component, which grew by 37.61 percent.
The
economy of Jambi Province in the third quarter of 2019 increased by
1.35 percent (q-to-q). In terms of production, the highest growth was
6.66 percent in the Electricity and Gas Procurement Business Field.
While in terms of expenditure achieved by the Government Consumption
Expenditure Components which increased significantly by 22.73 percent.
The
economy of Jambi Province in the third quarter of 2019 (c-to-c) grew
4.54 percent. From the production side, growth is driven by all business
sectors, with the highest growth coming from Wholesale and Retail
Trade; Car and Motorcycle Repair by 8.50 percent. Meanwhile, in terms of
expenditure, it was mainly driven by PK-P Components, which grew by
22.54 percent.
The
economic structure of Jambi Province in the third quarter of 2019 was
dominated by Agriculture, Forestry, and Fisheries which gave the largest
contribution to the GRDP, which amounted to 28.10 percent. Followed by
Mining and Quarrying at 17.58 percent. While on the expenditure side,
the GRDP is widely used for the Export Component and PK-RT respectively
by 58.50 percent and 45.99 percent.