Indonesias economy grew 4.67 percent during the first semester or lower
than the value recorded in the same period last year at 5.03 percent.
"The economic growth in the second quarter was lower than the same
period last year and the previous quarter, which was recorded at 4.72
percent," Head of the Central Bureau of Statistics (BPS) Suryamin stated
during a press conference here on Wednesday.
Indonesias economy was measured by its gross domestic product (GDP),
amounting to Rp2,866.9 trillion based on its current price in the second
quarter of 2015 or Rp2,239.3 trillion under its constant price.
Suryamin explained that in terms of production, the growth was
driven by almost all business sectors, with the highest achieved in the
education service sector, which grew by 12.16 percent.
"In terms of expenditures, it was supported by almost all
components, with the highest achieved by the household consumption
spending component at 4.97 percent," he affirmed.
Indonesias economy in the second quarter of 2015 grew by 3.78
percent (quarter-to-quarter) compared to the previous quarter.
In terms of production, the highest growth was recorded in the
agriculture, forestry, and fishery sectors reaching 10.09 percent,
meanwhile in terms of spending, government consumption recorded the
highest growth at 32.17 percent.
Indonesias economy in the first quarter of 2015 grew 4.70 percent.
Production in all business sectors grew except for mining and
excavation, which was down 3.58 percent. Spending was driven by
household spending that grew by 4.99 percent.
"Spatially, Indonesias economic structure in the second quarter of
2015 was dominated by provinces in Java and Sumatra," Suryamin pointed
Provinces in Java were the largest contributors to the GDP,
reaching 58.35 percent, followed by provinces in Sumatra, at 22.31
percent, and Kalimantan, at 8.22 percent.