Economic Growth of Bali Province Qtr IV-2023 - BPS-Statistics Indonesia Bali Province

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Economic Growth of Bali Province Qtr IV-2023

Release Date : February 5, 2024
File Size : 3.5 MB

Abstract

Bali's economy in the fourth quarter of 2023, measured based on Gross Regional Domestic Product (GRDP) at current prices (ADHB), was recorded at IDR 72.28 trillion or if measured at constant prices (ADHK 2010=100), Bali's GRDP was recorded at IDR 41 .67 trillion.
  • Bali's economy during the fourth quarter of 2023 grew by 3.60 percent compared to the achievements in the third quarter of 2023 (q-to-q). Judging from the production side, the highest growth was recorded by the Electricity and Gas Procurement Business Field at 15.94 percent. Meanwhile, in terms of expenditure, the Non-Profit Institution Expenditure Component (Pk-LNPRT) grew by 29.35 percent.
  • When compared with the same period the previous year (y-on-y), Bali's economy in the fourth quarter of 2023 grew by 5.86 percent. Examined from the production side, the highest growth was recorded in the Financial Services and Insurance Business Field at 15.66 percent. Meanwhile, in terms of expenditure, the Non-Profit Institution Expenditure Component (Pk-LNPRT) grew by 32.85 percent.
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