South Kalimantan Province Economic Report 2023

The normalization period is predicted by a number of economists to be felt throughout 2023. Even though socio-economic conditions have not fully recovered after the outbreak of the Covid-19 pandemic, just as the Russian-Ukrainian geopolitical conflict has not yet subsided, normalization is inevitable because global and national markets are increasingly recovering and trying catching up during the pandemic period. This condition is no exception felt by South Kalimantan which uses coal, CPO and rubber as commodities
leading export. The windfall effect of the commodity boom phenomenon is decreasing, which in turn has an impact on economic growth that will not be as fast as in 2022.
The description above is a partial description of the economic condition of South Kalimantan in 2023. In full, the economic situation of South Kalimantan will be presented in the publication of the 2023 South Kalimantan Provincial Economic Report. Various reviews of other important economic dynamics are also presented, such as sectoral developments, developments in commodity prices, employment conditions, and a number of other indicators.