[Indonesia] Indonesia’s GDP Growth Rate in Q4-2023 was 5.04 percent (y-on-y) - BPS-Statistics Indonesia Nunukan Regency

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Based on the results of the 2023 Agricultural Census in Nunukan Regency, the number of agricultural business households in Nunukan Regency is 21,601 households.

The economy of Nunukan in 2024, as measured by Gross Regional Domestic Product (GRDP) at current prices, reached IDR 40.54 trillion, the Nunukan economy grew 4.03 percent compared to the previous year || In February 2025, there was year-on-year (y-on-y) inflation in Nunukan Regency of 0.41 percent with a Consumer Price Index (CPI) of 106.03 || For more complete Official Statistics News, you can download it here

[Indonesia] Indonesia’s GDP Growth Rate in Q4-2023 was 5.04 percent (y-on-y)

[Indonesia] Indonesia’s GDP Growth Rate in Q4-2023 was 5.04 percent (y-on-y)Download Official Statistics News
Release Date : February 5, 2024
File Size : 3.75 MB

Abstract

  • Indonesia’s economy in 2023, as measured by Gross Domestic Product (GDP) at current market prices, reached IDR20,892.4 trillion, and GDP per capita reached IDR75.0 million or US$4,919.7.
  • Indonesia’s economy in 2023 grew by 5.05 percent, lower than the achievement in 2022, which grew by 5.31 percent. The highest growth on the production side was Transportation and Storage at 13.96 percent. Meanwhile, on the expenditure side, Nonprofit Institutions Serving Households’ Final Consumption Expenditure (NPISHs FCE) experienced the highest growth at 9.83 percent. 
  • Indonesia’s economic growth increased by 5.04 percent (y-on-y) in the fourth quarter of 2023, compared to the fourth quarter of 2022. The highest growth on the production side was Transportation and Storage at 10.33 percent. Meanwhile, on the expenditure side, NPISHs FCE component experienced the highest growth at 18.11 percent.
  • Indonesia’s economy in the fourth quarter of 2023 grew by 0.45 percent (q-to-q), compared to the previous quarter. Public Administration and Defence; Compulsory Social Security experienced the highest growth at 19.81 percent, on the production side. Meanwhile, on the expenditure side, General Government Final Consumption Expenditure (GGFCE) component experienced the highest growth at 39.13 percent.
  • During 2023, the Indonesian economy continued to grow spatially. The group of provinces according to the islands, the provinces with the highest growth were Maluku and Papua, Sulawesi, and Kalimantan with growth (c-to-c) of 6.94 percent, 6.37 percent and 5.43 percent. Meanwhile, the group of provinces on Jawa Island which contributed 57.05 percent to the national economy recorded a growth of 4.96 percent (c-to-c).
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