Banten's economy in Q1-2025 based on Gross Regional Domestic Product (GRDP) at current prices reached IDR227.92 trillion and at constant 2010 prices reached IDR137.22 trillion.
In Q1-2025, Banten's economy grew 5.19 percent y-on-y (Q1-2025 compared to Q1-2024). From the production side, almost all business sectors experienced growth, except for the Financial Services and Insurance business sector; Electricity and Gas Procurement; and Health Services and Social Activities which experienced contraction (negative growth). Meanwhile, from the expenditure side, only the Household Consumption (PK-RT), Gross Fixed Capital Formation (PMTB), and Total Net Export components experienced positive growth.
Business sectors that have a large contribution to Gross Regional Domestic Product (GRDP) include the Manufacturing Industry at 30.47 percent, Wholesale and Retail Trade at 12.41 percent, and Construction at 11.78 percent. In terms of expenditure, components that have a large contribution to GRDP include Household Consumption at 52.87 percent, Gross Fixed Capital Formation (PMTB) at 33.48 percent, and Total Net Exports at 9.46 percent.
The highest source of growth in the first quarter of 2025 according to business sector is the Manufacturing Industry at 1.52 percent. Meanwhile, the highest source of growth according to expenditure is Household Consumption at 3.02 percent.
More information regarding the Official Statistics News Release can be downloaded from the website: https://banten.bps.go.id/pressrelease.html
-BPS Banten Public Relations Team-
