ECONOMIC DYNAMICS OF NORTH LOMBOK REGENCY: A COMPARATIVE STUDY OF GRDP GROWTH RATE BY BUSINESS FIELD IN 2023 AND 2024
Keywords:
GRDP, Economic Growth, Business Sectors, North Lombok, Economic DiversificationAbstract
This study analyzes the economic dynamics of North Lombok Regency through a comparative study of quarterly Gross Regional Domestic Product (GRDP) growth rates based on business sectors in 2023 and 2024. Using a descriptive quantitative approach with secondary data from Statistics Indonesia (BPS), this research aims to present GRDP growth rates, analyze factors influencing sectoral growth differences, and formulate economic policy recommendations. The results show that in 2023, the tourism sector recorded an average growth of 7.3 percent, while the agricultural sector experienced contraction with growth of only 0.3 percent due to El Niño phenomenon. In 2024, a significant reversal occurred where the tourism sector slowed to 2.0 percent, while the trade sector accelerated to 9.8 percent driven by e-commerce development. The agricultural sector recovered with 3.9 percent growth, and the processing industry showed consistent momentum increasing from 4.5 percent to 6.8 percent. Analysis of influencing factors identifies the important role of government policy, infrastructure investment, digital transformation, human resource development, and environmental and external factors. This study recommends that local governments conduct economic diversification, accelerate digital transformation, strengthen agricultural resilience to climate change, revitalize the tourism sector with a focus on quality and sustainability, develop resource-based processing industries, improve physical and digital infrastructure quality, and invest in quality and adaptive human resource development. The comprehensive implementation of these strategies is expected to promote inclusive, sustainable, and resilient economic growth in North Lombok Regency.
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