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Cirebon Regency Economic Growth in 2024 Increases
March 25, 2025 | Other Activities
One measure of economic development in a region is the rate of economic growth (LPE). The rate of economic growth is a macroeconomic indicator that measures how much the production of goods and services (GDP) of a region or country has increased in a certain period of time, usually measured in percentages. Economic growth rate is one of the main indicators to evaluate the economic performance and development success of a region.
The rate of economic growth focuses on increasing production capacity and national income, not on changes in income distribution or social welfare. Positive economic growth indicates that the economy is growing, while negative growth (or stagnation) indicates problems in the economy.
In 2024, the LPE of Cirebon Regency increased or grew by 5.83%. This growth is the second largest in West Java, higher than the economic growth of West Java which grew by 4.95%.
To find out more about which sectors experienced growth, please refer to the following infographic or Sedulur Data can access complete data on the Cirebon Regency BPS website: cirebonkab.bps.go.id