Bandar Lampung Municipality

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Lampung Economic Growth Quarter IV Year 2019

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Release Date	:	February 6, 2020
File Size	:	1.06 MB

Abstract

The economy of Lampung Province in 2019 as measured by Gross Regional Domestic Product (GRDP) based on current prices reaches IDR 360.66 trillion and GDP per capita reaches IDR 42.69 million.

Lampung Province economy in 2019 experienced a growth of 5.27 percent, slightly strengthened compared to the achievements in 2018 of 5.25 percent. In terms of production, the highest growth was achieved by the Electricity and Gas Procurement Business Field, as well as the Provision of Accommodation and Food and Beverage. From the expenditure side, the highest growth was achieved by the Non-Profit Institution Consumption Expenditure Component of 10.15 percent.

The economy of Lampung Province in quarter IV-2019 compared to quarter IV-2018 grew 5.07 percent (y-on-y). From the production side, growth was driven by all business fields, with the highest growth being achieved by the Business of Providing Accommodations and Food and Beverage. In terms of expenditure, the highest growth was in the Goods and Services Export Component of 27.44 percent.

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