The total economy of Bali in the third quarter of 2019 as measured by the Gross Regional Domestic Product (PDRB) at the current price (ADHB) was recorded at Rp. 64.86 trillion and based on constant prices (ADHK) it was recorded at Rp. 41.56 trillion.
The economy of Bali in quarter III-2019 (y-on-y) was recorded to grow 5.34 percent or experienced a slowdown when compared to the same period in the previous year which recorded growth of 6.15 percent. In terms of business fields, the highest growth was achieved by Category G (Wholesale and Retail Trade; Car and Motorcycle Repair) which recorded a growth of 9.99 percent. Meanwhile, when viewed in terms of the main supporting expenditure for economic growth in Quarter III-2019, namely the Non-Profit Institution Consumption Expenditure Component (PKLNPRT), which recorded a growth of 7.94 percent.
On a q-to-q basis or when compared to the previous quarter, the Balinese economy in the third quarter of 2019 recorded a growth of 3.12 percent. In terms of business fields, the highest growth was achieved by Category B (Mining and Excavation) which recorded growth of 9.85 percent. Meanwhile, from the expenditure side, the highest growth was recorded in the deduction component, namely Foreign and Inter-regional Imports amounting to 9.11 percent.
The economic structure of Bali in terms of business fields in the third quarter of 2019 was still dominated by Category I (Provision of Accommodation and Food and Drink) which recorded a contribution of 23.59 percent. Meanwhile, the largest contribution in the third quarter of 2019 in terms of expenditure components was recorded in the Export Component (55.21 percent) followed by Household Consumption Expenditures (47.57 percent). Meanwhile, the contribution from the Import Component as a deduction component was recorded at 43.78 percent.
