Economic Growth (Gross Regional Domestic Product) Quarter IV 2023 West Nusa Tenggara Province

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Nusa Tenggara Barat Province

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Economic Growth (Gross Regional Domestic Product) Quarter IV 2023 West Nusa Tenggara Province

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Release Date	:	February 5, 2024
File Size	:	6.68 MB

Abstract

The economy of West Nusa Tenggara based on the size of Gross Regional Domestic Product (GRDP) at current prices in Quarter IV-2023 reached IDR 43.60 trillion and at constant prices in 2010 it reached IDR 26.86 trillion.
The economy of West Nusa Tenggara in 2023 to 2022 will experience growth of 1.80 percent (c-to-c). In terms of production, the largest growth occurred in the Construction Business Field at 10.87 percent. Meanwhile, in terms of expenditure, the highest growth occurred in the Gross Fixed Capital Formation Component at 8.98 percent.
The economy of West Nusa Tenggara in Quarter IV-2023 to Quarter IV-2022 (y-on-y) experienced growth of 3.66 percent. In terms of production, the Financial Services and Insurance Business Field experienced the highest growth of 10.31 percent. In terms of expenditure, the LNPRT Consumption Expenditure Component experienced the highest growth of 14.68 percent.
West Nusa Tenggara's economy in Quarter IV-2023 experienced growth of 1.44 percent (q-to-q) compared to the previous quarter. In terms of production, the Mining and Quarrying Business Field experienced the highest growth of 33.14 percent. Meanwhile, in terms of expenditure, the Imported Goods and Services component experienced the highest growth of 25.57 percent.

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BPS-Statistics Indonesia

Badan Pusat Statistik Provinsi Nusa Tenggara Barat (Statistics of Nusa Tenggara Barat Province)Jl. Dr. Sudjono No. 74 Kelurahan Jempong Baru Kecamatan Sekarbela

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