Kalimantan Selatan Province Economic Report 2024

Entering 2024, the Kalimantan Selatan economy faces new challenges amid the fading effects of the commodity boom and the decline in prices of several leading export commodities. Economic growth is not as strong as before the pandemic, but continues to show strengthening resilience thanks to the recovery of household consumption and the growth of the trade and services sectors. As a political year, 2024 is also marked by increased government spending activities which also drive domestic demand, especially through infrastructure programs and regional economic stimulus. On the other hand, efforts to diversify the economy have begun to be intensified, especially to reduce dependence on the mining sector and strengthen the foundations of more inclusive and sustainable long-term growth. The description above is a partial picture of the economic conditions of Kalimantan Selatan Provincein 2024. In full, the economic situation of Kalimantan Selatan Provincewill be presented in the Kalimantan Selatan Province Economic Report 2024. Various reviews of other important economic dynamics are also presented, such as sectoral developments, commodity price developments, employment conditions, and a number of other indicators.