Economic Growth of Bali Quarter IV-2024

The economy of Bali in the fourth quarter of 24 was measured based on Gross Regional Domestic Product (GDP) on the basis of prevailing prices (ADHB) recorded at Rp78.36 trillion and on the basis of constant prices (ADHK 2010=100) amounting to Rp43.83 trillion.

Bali's economy during the fourth quarter period of Asia-2024 grew by 3.37 percent when compared to the third quarter-2024 (q-to-q). Reviewed from the production side, the highest growth was recorded by the Business Field Administration of Government, Defense and Social Security Mandatory by 18.88 percent. While in terms of expenditure, the Government Consumption Expenditure Component (PK-P) grew by 26.47 percent.

When compared to the same period the previous year (y-on-y), the Balinese economy in the fourth quarter of 2420 grew by 5.19 percent. Judging from the production side, the highest growth is recorded in the Business Field Provision of Accommodation and Drinking Food by 10.24 percent. While in terms of expenditure, the Overseas Export Component grew by 15.67 percent.

If accumulated from the first quarter of 24 to the fourth quarter of 24, then the economy of Bali in 2024 was recorded to grow by 5.48 percent (c-to-c).

The economic structure of Bali in terms of production, in the fourth quarter of 24-2024 is still dominated by the Business Field Provision of Accommodation and Drinking Food which contributed 21.75 percent. While in terms of expenditure, the largest contribution was recorded on the Household Consumption Component which is 51.54 percent.