Bangka Belitung Islands ECONOMY FIRST QUARTER 2016
GROW 3.30 PERCENT, slowed-THAN THE FIRST QUARTER 2015
Economic
Bangka Belitung Islands first quarter of 2016 as measured by Gross
Domestic Product (GDP) at current prices (ADHB) reached Rp15,55 trillion
and GDP at constant prices in 2010 the amount reached Rp11,57 trillion.
Economic
Bangka Belitung Islands first quarter of 2016 when compared to the
first quarter of 2015 (y-on-y) grew by 3.30 percent, slowed down when
compared to the first quarter of 2015 grew by 4.10 percent
Economic
Bangka Belitung Islands first quarter of 2016 when compared to the
previous quarter (q-to-q) contracted by -1.39 percent, the lowest
quarterly conditions since 2010. Both the production and expenditure,
this was due to a weak performance industry Crude Palm Oil (CPO), the
decline in production of ore / metal tin, and decreased production of
plantation crops such as oil palm and pepper. In addition, the
production of fishery products also decreased due to unfavorable weather
conditions for fishing and floods that hit a number of ponds and pools
freshwater fish farming, and a low degree of absorption in government
spending contributed to the contraction in economic growth.
Total
GRDP ADHB Sumatra Island in the first quarter of 2016 reached Rp666,55
trillion, or about 22.15 percent of total GDP 33 provinces in Indonesia,
while the GDP ADHK Sumatra Island in the first quarter of 2016 totaled
Rp496,35 billion with a growth of - 0.41 percent (q-to-q) and 4.18
percent (y-on-y). While the GDP Bangka Belitung Islands contributed 2.33
percent to the GDP and 0.52 percent of the island of Sumatra to the
total GDP 33 provinces in Indonesia.