Lampung Economic Growth Quarter III-2023

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Lampung Economic Growth Quarter III-2023

Release Date	:	November 6, 2023
File Size	:	1.27 MB

Abstract

Lampung’s economy in the third quarter of 2023 based on Gross Domestic Product (GDP) at current prices reached IDR116,247.75 billion and at constant prices (2010) reached IDR69,560.88 billion.
Lampung’s economy in the third quarter of 2023 compared to the second quarter of 2023 grew by 0.74 percent. From the production side, the highest growth occurred in Construction Activities at 7.37 percent. Meanwhile, on the expenditure side, Exports of Goods & Services Component experienced the highest growth at 6.99 percent.
Lampung’s economy grew by 3.93 percent in the third quarter of 2023, compared to the third quarter in 2022 (y-on-y). From the production side, Transportation and Storage experienced the highest growth at 13.46 percent. Meanwhile, on the expenditure side, Nonprofit Institutions Serving Households (NPISHs) Component experienced the highest growth at 8.53 percent.
Lampung’s economy cumulatively to third quarter of 2023 grew by 4.27 percent (c-to-c). From the production side, Transportation and Storage experience the highest growth at 19.19 percent. Meanwhile from the expenditure side, the highest growth occurred in the Nonprofit Institutions Serving Households (NPISHs) Component by 8.26 percent.

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