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Indonesia’s Economic in Q2-2022 5.44 Percent (Y-on-Y)

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Release Date	:	August 8, 2022
File Size	:	3.68 MB

Abstract

Indonesia’s economy based on Gross Domestic Product (GDP) at current prices in the second quarter of 2022 reached IDR 4 919.9 trillion and at constant prices (2010) reached IDR 2 923.7 trillion.

Indonesia’s economy grew by 5.44 percent in the second quarter of 2022, compared to the second quarter in 2021 (y-on-y). From production side, Transportation and Storage experienced the highest growth at 21.27 percent. Meanwhile on the expenditure side, Export of Goods and Services experienced the highest growth at 19.74 percent.

Indonesia’s economy in the second quarter of 2022 grew by 3.72 percent compared to the previous quarter (q-to-q). From the production side, the highest growth occurred in the Agriculture, Forestry and Fishing at 13.15 percent. Meanwhile on the expenditure side, General Government Final Consumption Expenditure (GGFCE) component experienced the highest growth at 32.00 percent.

The boosting of Indonesia’s economy in the second quarter of 2022 was seen in all regions. The group of provinces in Java Island became the main contributor with a role of 56.55 percent of the national economy, with economic performance experiencing growth of 5.66 percent (y-on-y) compared to the second quarter of 2021.

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