Indonesian Political, Business & Finance News

BPS: Bali-Nusra Records Highest Economic Growth in Q2

| Source: ANTARA_ID Translated from Indonesian | Economy
BPS: Bali-Nusra Records Highest Economic Growth in Q2
Image: ANTARA_ID

Jakarta - Statistics Indonesia (BPS) reported that the economy of Bali and Nusa Tenggara (Nusra) recorded the highest growth among all regions in the second quarter of 2026, at 6.10 percent year-on-year (yoy). This was followed by Java at 5.65 percent (yoy) and Sulawesi at 5.53 percent (yoy). Nationally, Indonesia’s economic growth was recorded at 5.29 percent (yoy). “Economic growth in Bali and Nusa Tenggara, Java, and Sulawesi was above the national growth,” said M. Edy Mahmud, Deputy for Balance Sheet and Statistical Analysis at BPS, during a press conference in Jakarta on Wednesday. In terms of distribution or contribution to GDP, Java remained the largest contributor to the national economy with a share of 56.47 percent, followed by Sumatra at 22.50 percent. Meanwhile, from the growth source perspective, the main drivers of economic growth in Sumatra were trade, processing industry, and agriculture. The province providing the largest share of economic growth in this region was North Sumatra with a contribution of 1.17 percent. In Java, the main sources of growth came from the processing industry, trade, and construction. The province with the largest share of economic growth was DKI Jakarta at 1.55 percent. The main sources of growth in Bali and Nusa Tenggara came from mining, trade, and government administration. Bali was the province with the largest share of economic growth in the region, at 2.77 percent. Furthermore, in Kalimantan, the main sources of growth came from the processing industry, trade, and mining. The province with the largest share of economic growth was East Kalimantan at 1.76 percent. In Sulawesi, the main sources of growth came from the processing industry, trade, and construction. The province with the largest share of economic growth was South Sulawesi at 2.47 percent. Meanwhile, in Maluku and Papua, the main sources of growth came from the processing industry, trade, and construction. The province providing the largest share of economic growth in this region was North Maluku with a contribution of 2.98 percent. As a note, gross domestic product (GDP) at constant prices increased from Rp3,396.6 trillion in the second quarter of 2025 to Rp3,576.2 trillion in the second quarter of 2026, resulting in the Indonesian economy growing by 5.29 percent (yoy). From the expenditure side, the largest source of economic growth came from household consumption at 2.67 percent, with growth of 5.06 percent (yoy) and a contribution to GDP of 53.32 percent. Next, gross fixed capital formation contributed 2.06 percent to economic growth, with growth of 6.87 percent (yoy) and a contribution to GDP of 29.36 percent. Government consumption contributed 1.07 percent to economic growth, with growth of 15.97 percent (yoy) and a contribution to GDP of 7.57 percent. Consumption by non-profit institutions serving households grew by 6.93 percent (yoy) with a contribution to GDP of 1.35 percent. Exports grew by 4.13 percent (yoy) with a contribution to GDP of 23.13 percent. Meanwhile, imports increased by 8.82 percent (yoy). Given that imports are a subtraction factor in GDP calculation, net exports recorded a negative contribution of 0.78 percent to economic growth. From the business field side, the processing industry was the largest source of economic growth with a contribution of 0.90 percent. This sector grew by 4.52 percent (yoy) and had a share of 18.50 percent of GDP. Trade was the next largest source of economic growth with a contribution of 0.83 percent. This business field grew by 6.39 percent (yoy) and had a share of 13.02 percent of GDP. Then, the construction sector was the next source of economic growth with a contribution of 0.62 percent. This sector grew by 6.68 percent (yoy) and had a share of 9.79 percent of GDP. The information and communication sector contributed 0.48 percent to economic growth. This business field grew by 6.97 percent (yoy) with a share of 4.30 percent of GDP.

View JSON | Print