Bandar Lampung Municipality

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Lampung Economic Growth in First Quarter (Q1) 2019

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Release Date	:	May 6, 2019
File Size	:	0.97 MB

Abstract

The economy of Lampung Province in first quarter in 2019 which is measured based on Gross Regional Domestic Product (GDP) on the basis of current prices reached Rp87.19 trillion and on the basis of constant prices in 2010 reached Rp59.34 trillion.

Economy of Lampung Province first quarter in 2019 if compared to first quarter in 2018 (y-on-y) grows 5.18 percent. In terms of production, the highest growth was achieved by the business sector Provision of accommodation and drinking food was 10.55 percent. In terms of expenditure, the highest growth was achieved by the Non-Profit Institution Consumption Expenditure Component of 10.20 percent.

Lampung economy first quarter in 2019 when compared to the previous quarter (q-to-q) grew by 6.22 percent. In terms of production, the highest growth was achieved by the Agriculture, forestry and fisheries business field of 29.05 percent. From the expenditure side, it was caused by the positive growth of Non-Profit Institution Consumption Expenditures of 5.48 percent and Household Consumption Expenditures by 0.57 percent.

Spatially, the economic growth of Sumatra Island in first quarter in 2019 grew by 4.55 percent with the highest growth in the Province of South Sumatra which grew 5.68 percent.

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