Indonesia's Economic Growth Increases 4.92 Percent

Jakarta, InfoPublik – Central Bureau of Statistics (BPS) recorded Indonesia's economic growth in quarter I-2017 grew 5.01 percent or increased 4.92 percent compared to the first quarter-2016, while in quarter I-2017 to quarter IV-2016 fell -0.34 percent.

Head of BPS Suhariyanto said, Indonesia’s Gross Domestic Product (GDP) of Rp3,227.2 trillion and economic growth are still depending on household consumption with 56.9 percent contribution.

"From production, the highest growth was achieved by the information and communication business field at 9.10 percent, while from expenditure, the highest growth occurred in the export of goods and services by 8.04 percent," said Suhariyanto Friday (5/5) in Jakarta.

Indonesia's economic growth is still dominated by Java island, which contributed 58.49 percent with 5.66 percent of growth. The second position is Sumatra Island at 21.95 percent with 4.05 percent growth. Furthermore, Kalimantan Island contributed 8.33 percent, Sulawesi Island contributed 5.94 percent, Maluku and Papua contributed 2.26 percent, and Bali and Nusa Tenggara contributed 3.03 percent.

"Bali and NTT’s growth is quite low, due to, among other, contracted economic growth in NTT at -4.11 percent," said Suhariyanto. (Translator: Wilda Stiana)