Bandar Lampung Municipality

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Lampung Economic Growth Quarter II-2021

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Release Date	:	August 6, 2021
File Size	:	1.53 MB

Abstract

The economy of Lampung Province in the second quarter of 2021 as measured by Gross Regional Domestic Product (GDP) at current prices reached Rp. 95.09 trillion and GRDP at constant prices in 2010 reached Rp. 63.06 trillion.

The economy of Lampung Province in the second quarter of 2021 grew by 5.03 percent compared to the second quarter of 2020 (y-on-y). In terms of production, the highest growth was achieved by the Wholesale-Retail Trade and Car-Motorcycle Repair business field of 13.30 percent. In terms of expenditure, the highest growth was achieved by the Export Component of Goods and Services at 17.32 percent.

The economy of Lampung Province in the second quarter of 2021 grew by 6.69 percent compared to the previous quarter (q-to-q). In terms of production, the highest growth was achieved by the Government Administration, Defense and Mandatory Social Security business fields of 19.93 percent. In terms of expenditure, the highest growth was in the Government Consumption Expenditure component of 31.61 percent.

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