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In August 2024, 1.69 million people (37.66 percent) worked in formal activities, an increase of 0.63 percentage points compared to August 2023.

The economy of South Sumatra based on the size of Gross Regional Domestic Product (GRDP) at current prices for the third quarter of 2024 reached IDR 171.65 trillion and at constant prices in 2010 it reached IDR 97.41 trillion.

Financial Statistics Survey of Regional-Owned Enterprises (BUMD) Enumeration for the years 2022-2023

April 1, 2024 | BPS Activities

On the 1st of April, 2024, BPS-statistics of Empat Lawang Regency conducted the Financial Statistics Survey of Regional-Owned Enterprises (BUMD) enumeration for the years 2022-2023. BUMDs are integral parts of the national economy whose existence is crucially needed by local governments. To track the development of BUMDs, surveys are conducted to collect financial data of companies, including balance sheets and profit and loss statements.

The objective of this survey is to provide and present data on the assets, liabilities, revenues, expenses, profits, and financial ratios of companies by sector and business group, as well as the level of effectiveness and efficiency of regional companies in utilizing existing resources. This survey is conducted annually. The legal basis for this survey is Law No. 23 of 2014 concerning Regional Governments and Government Regulation No. 54 of 2017 concerning Regional-Owned Enterprises.

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