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Economic Growth of Daerah Istimewa Yogyakarta (Gross Regional Domestic Product) on 2022 3rd Quarter

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Release Date	:	November 7, 2022
File Size	:	2.08 MB

Abstract

DIY Economy Quarter III-2022 grew 0.42 Percent (Q-to-Q)
DIY Economy Quarter III-2022 grew 4.68 Percent (C-to-C)
The Economy of the Special Region of Yogyakarta by Product Size
Gross Regional Domestic Product (GDP) at current prices in the third quarter of 2022 reached Rp41.51 trillion and at constant prices in 2010 reached Rp28.03 trillion.
DIY economy in quarter III-2022 compared to quarter III-2021 grew by 5.82 percent (y-on-y). The highest growth was achieved by Other Services at 28.26 percent, followed by transportation and warehousing, and provision of accommodation and food and drink, respectively 24.96 percent and 20.22 percent. In terms of expenditure, components of foreign exports and consumption expenditures of non-profit institutions serving households were recorded as the components with the first and second highest growth, with growths of 10.34 percent and 8.80 percent, respectively.
Compared to the second quarter of 2022, the DIY economy grew by 0.42 percent (q-to-q). The business fields with the highest growth were construction at 10.16 percent, followed by education services at 7.97 percent, government administration, defense and compulsory social security at 4.66 percent. In terms of expenditure, the component with the highest growth was PMTB 2.90 percent, and government consumption expenditure was 2.81 percent.
The economic structure of DIY in the third quarter of 2022 is dominated by manufacturing industry business fields 11.86 percent, construction 10.45 percent, information and communication 10.40 percent, agriculture 9.44 percent, and the provision of accommodation and food and drink 9.43 percent. Meanwhile, in terms of expenditure, the largest contribution was recorded in the household consumption component, which was 61.41 percent, and was followed by the gross fixed capital formation component at 32.28 percent.

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