Sumatera Selatan’s Economic in Q1-2024 Grew by 5.06 Percent (y-on-y) - BPS-Statistics Indonesia Empat Lawang Regency

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The rice harvest area in 2024 will reach 521.09 thousand hectares, an increase of 16.95 thousand hectares or 3.36 percent compared to the rice harvest area in 2023 which was 504.14 thousand hectares.

The month to month (m-to-m) deflation rate for South Sumatra Province in February 2025 was 0.41 percent and the year to date (y-to-d) deflation rate was 0.77 percent.

Sumatera Selatan’s Economic in Q1-2024 Grew by 5.06 Percent (y-on-y)

Release Date : May 6, 2024
File Size : 1.05 MB

Abstract

  • Sumatera Selatan’s economy based on Gross Domestic Product (GDP) at current prices in the first quarter of 2024 reached IDR156.83 trillion and at constant prices (2010) reached IDR91 trillion.
  • Sumatera Selatan’s economy in the first quarter of 2024 grew by 0.02 percent compared to the previous quarter (q-to-q). From the production side, agriculture, forestry and fishery experienced the highest growth at 9.43 percent. Meanwhile, on the expenditure side, Consumption Expenditures of Non-Profit Institutions that serve Households component experienced the highest growth at 11.50 percent.
  • Sumatera Selatan’s economy grew by 5.06 percent in the first quarter of 2024, compared to the forth quarter in 2023 (y-on-y). From production side, Financial and Insurance Activities experienced the highest growth at 10.17 percent. Meanwhile, on the expenditure side, Consumption Expenditures of Non-Profit Institutions that serve Households experienced the highest growth at 20.41 percent.
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