The Economy of Penajam Paser Utara in 2023

The economy of Penajam Paser Utara in 2023, measured based on Gross Regional Domestic Product (GRDP) according to industry and expenditure, at current prices, reached 17.25 trillion rupiah and 9.65 trillion rupiah at constant prices in 2010.

The economy of Penajam PaserUtara in 2023 increase by 29.85 percent from 2022.

From the production side, economic growth was caused by a very high increase in the construction sector. Meanwhile, according to expenditure, economic growth was due to an increase in the Gross Fixed Capital Formation (PMTB) component.

The economic structure of Penajam Paser Utara in 2023 in terms of production is dominated by the Construction; Mining and excavation; and Agriculture, Forestry, and Fisheries. Meanwhile, from the expenditure side, the economic structure is dominated by the components of Import, Gross Fixed Capital Formation (PMTB) and Household Consumption.