Bali's total economy in the third quarter of 2022 as measured by GRDP (Gross Regional Domestic Product) at current prices (ADHB) was recorded at Rp 62.56 trillion. Or if measured on the basis of constant prices (ADHK) in 2010, Bali's GRDP was recorded at Rp 38.17 trillion.
With this amount, Bali's economy in the third quarter of 2022 recorded a growth of 0.60 percent compared to the achievement of the second quarter of 2022 (q-to-q). In terms of production, the highest growth was recorded in Category E business fields (Water Supply, Waste Management, Waste and Recycling) of 9.80 percent. Meanwhile, in terms of expenditure, the highest growth was recorded in the Foreign Export Component, which was 88.41 percent.
Meanwhile, when compared to the same period the previous year (y-on-y), Bali's economy in the third quarter of 2022 grew by 8.09 percent. In terms of production, the highest growth was recorded in Category H (Transportation and Warehousing) business fields of 35.37 percent. Meanwhile, in terms of expenditure, the highest growth was recorded in the Foreign Import Component, which was 1,151.80 percent.
If the accumulated growth in the first quarter of 2022 until the third quarter of 2022, Bali's economy in January-September 2022 recorded a growth of 4.19 percent (c-to-c).
Bali's economic structure in terms of production, in the third quarter of 2022 was still dominated by Category I (Provision of Accommodation and Food and Drink) which recorded a contribution of 18.43 percent. Meanwhile, in terms of expenditure, the largest contribution was recorded in the Household Consumption Component, which was 53.71 percent.