West Sulawesi PDRB Achievement in Quarter I / 2013 based on current prices of 3,885.19 billion rupiahs while on the basis of constant 2000 prices of 1,525.97 billion rupiahs.
The economic performance of West Sulawesi as measured by the GDP increase was 2000, from quarter I / 2013 to quarter IV / 2012 (q to q) experiencing growth of 3.84 percent. Whereas compared to the same quarter of 2012 (y on y), the economy of West Sulawesi moved by 8.36 percent.
Based on q-to-q growth, only the agricultural sector and manufacturing industry experienced positive growth, amounting to 26.55 percent and 1.22 percent. While other sectors experienced a contraction following the pattern of the first quarter in the previous years.
Meanwhile, when compared to the first quarter of 2012 (y on y), all sectors experienced positive growth. The highest growth was shown by the services sector (20.10 percent), mining and quarrying (27.79 percent) and the manufacturing sector (14.81 percent).
The economic structure of West Sulawesi in the first quarter of 2012 was largely created from the primary sector which ranged from 50.88 percent. While the secondary sector and the tertiary sector each contributed 10, 68 percent and 38.44 percent in creating the economic structure of West Sulawesi.
From the usage side it is seen that the economy of West Sulawesi is mostly absorbed for consumption purposes. In the first quarter of 2013 the household consumption component absorbed added value up to 64.09 percent while government consumption amounted to 26.33 percent. While the PMTB component only received an allocation of 424.25 billion rupiah, equivalent to 10.92 percent.
GRDP growth according to the use of q to q, it is seen that only the household consumption component experienced positive growth, which was 3.19 percent. While other components tend to experience contractions. In contrast to the growth of q to q, the growth of y on y actually shows a pretty encouraging movement. In the first quarter of 2013 all components experienced positive growth. Government consumption grew the most by 15.86 percent and PMTB grew the smallest to 4.53 percent.
Meanwhile, the trade balance of West Sulawesi in the first quarter of 2013 experienced a deficit of 152.52 billion rupiah. This amount is lower than the fourth quarter of 2012 (q to q) which amounted to 250.35 billion rupiah. However, it was higher than the same quarter in 2012 (y on y), which amounted to 144.67 billion rupiah.
When compared with other provinces in Indonesia, economic growth in West Sulawesi is ranked 5th (y on y) after Papua, West Papua, Central Sulawesi and Southeast Sulawesi. The economic growth of West Sulawesi is also yoy above the national economic growth of 6.02 percent.
