Bali's total economy in quarter IV-2022 as measured by Gross Regional Domestic Product (GRDP) at current prices (ADHB) was recorded at IDR 65.65 trillion or if measured at constant prices (ADHK) in 2010, Bali's GRDP was recorded at IDR 39 .36 trillion.
With this amount, Bali's economy in the fourth quarter of 2022 was recorded to grow by 3.11 percent compared to the results in the third quarter of 2022 (q-to-q). From the production side, the highest growth was recorded in the Category O business field (Government Administration, Defense and Compulsory Social Security) of 9.54 percent. Meanwhile, from the expenditure side, the highest growth was recorded in the Government Consumption Expenditure Component (PK-P), which was 24.52 percent.
Meanwhile, when compared to the same period the previous year (y-on-y), Bali's economy in the fourth quarter of 2022 grew by 6.61 percent. From the production side, the highest growth was recorded in Category H (Transportation and Warehousing) business fields of 39.36 percent. Meanwhile, from the expenditure side, the highest growth was recorded in the Foreign Import Component, which was 1,072.22 percent.
If growth is accumulated from quarter I-2022 to quarter IV- 2022, Bali's economy in January-December 2022 was recorded to have grown by 4.84 percent (c-to-c).
GRDP Per Capita of Bali Province in 2022 was recorded at IDR 55.54 million, an increase compared to 2021 which was only IDR 50.53 million.
