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Statistics Indonesia (BPS) noted that the economy of West Papua Province experienced an impressive 20.8 percent annual growth rate cumulatively (c-to-c) in 2024 compared to 3.91 percent c-to-c in 2023. BPS West Papua Head Merry stated in Manokwari Regency, West Papua Province on Feb. 5, 2025, that West Papua's gross domestic product in 2024 was Rp76.17 trillion based on current prices in 2023 and Rp49.48 trillion based on constant prices.
"This achievement reflects the strengthening of [West Papua's] economic performance," she said.
Merry explained that all but two business sectors of the province, which are the construction services sector as well as the financial services and insurance sector, experienced growth. The industrial manufacturing sector recorded the highest growth rate at 32.9 percent c-to-c, followed by the mining and excavation business sector at 29.7 percent c-to-c.
"The contribution of the industrial manufacturing [sector] to West Papua's GDP in 2024 reached 38.9 percent, while mining and excavation were 25.3 percent," she revealed.
In terms of expenditure, she noted that the West Papuan economy was supported by exports of goods and services, household consumption, government expenditures, and non-profit expenses in 2024. Exports of goods and services grew by 16.10 percent c-to-c, while non-profit expenses, household consumption, and government expenditures rose by 9.8 percent c-to-c, 3.9 percent c-to-c, and 0.06 percent c-to-c, respectively.
"The only expenditure component that contracted was gross fixed capital formation," Merry divulged.
She also highlighted that the West Papuan economy surged by 22.11 percent year-on-year (yoy) in the fourth quarter (Q4) of 2024 grew by 22.11 percent, with GDP reaching Rp19.88 trillion at current prices in 2023 and Rp12.86 trillion at constant prices for the period. The province's economic growth rate is the highest for the Maluku and Papua region in 2024, and contributed 12.36 percent of the region's GDP.
