NTB Economy Grows 13.64%, Supported by Export Surge and Processing Industry

The Central Statistics Agency (BPS) recorded that the NTB economy grew by 13.64% in the first quarter of 2026. This condition was driven by strengthened exports and the performance of the processing industry.

“Agriculture, mining, and trade are the three sectors with the largest share in the NTB economy. And the three highest growth fields are processing industry, mining, and financial services,” said the Head of BPS NTB, Wahyudin, on Tuesday (5/5/2026).

“High growth in the processing industry is due to smelters that have started operating. Overall, the economic growth in the first quarter of 2026 is supported by the strengthening of the processing industry and the resurgence of mining activities,” he added.

Business fields that experienced significant growth in the first quarter of 2026 include the processing industry at 60.25%, followed by mining and quarrying (31.80%), financial services (13.48%), provision of accommodation and food and drink (10.84%), and agriculture (10.31%).

Wholesale and retail trade also grew by 9.91%, followed by water supply (8.39%), transportation (5.21%), education services (5.10%), electricity supply (4.98%), other services (3.74%), housing (3.68%), construction (3.34%), real estate (2.32%), information and communication (2.17%), and health services (1.84%).

“From the perspective of GRDP by expenditure, household consumption and exports are the components with the largest contribution to the economy in the first quarter of 2026. All expenditure components grew positively, with the highest growth in exports and government consumption,” explained Wahyudin.

Based on GRDP expenditure, economic growth in the first quarter of 2026 was driven by exports of goods and services at 91.97%. This was followed by government expenditure (7.29%), household consumption (5.15%), gross fixed capital formation (3.71%), and consumption of non-profit institutions serving households (2.45%).

“Export growth was driven by increased exports of copper from smelter production and concentrates. Meanwhile, the increase in government consumption is reflected in the improved realisation of employee expenditure as well as the realisation of goods and services expenditure for the MBG programme,” he stated.