Tuesday, 25 February 2025 03:12

Non-Oil and Gas Manufacturing Sector Drives Indonesia's Economic Growth

Indonesia’s manufacturing sector continues to be a key driver of economic growth, expanding by 4.75% in 2024 alongside a national economic surge of 5.03%. Contributing 0.90% to overall growth, the manufacturing industry remains the largest contributor to the country’s economy, accounting for approximately 20% of national GDP. Trade follows as the second-largest sector supporting economic expansion.


The non-oil and gas manufacturing sector also leads in exports, reaching USD 196.54 billion or 74.3% of total national exports. Additionally, it attracted IDR 721.3 trillion in investments, representing 42.1% of Indonesia’s total investment realization for 2024. Employment in this sector continues to rise, with the workforce growing from 17.43 million in 2020 to 19.96 million in 2024. These achievements highlight the sector’s resilience and its vital role in driving economic progress.

Source:
https://swa.co.id/read/456794/non-migas-jadi-sektor-manufaktur-penyumbang-pertumbuhan-ekonomi-indonesia

 

 

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