Transformation of Regional Economic Performance in Indonesia During the COVID-19 Pandemic: A Comparative Analysis of GRDP from 2016 to 2023

The COVID-19 pandemic has caused significant disruptions to the global economy, including Indonesia, as reflected in the fluctuations of Gross Regional Domestic Product (GRDP) across various provinces. This study aims to analyze the differences in provincial GRDP in Indonesia between the pre-pandemic period and the pandemic period (2020–2023) in order to assess the impact of the pandemic on regional economic resilience. A comparative quantitative approach was employed, using the Wilcoxon Signed Rank Test on GRDP data based on constant prices, obtained from Statistics Indonesia (BPS). The analysis revealed a statistically significant difference in GRDP before and during the pandemic (p < 0.001), indicating a substantial economic shock. Sharp declines were particularly evident in provinces reliant on the tourism and manufacturing sectors, while provinces with more diversified economic structures or supported by agriculture exhibited relatively greater resilience. These findings highlight the importance of regional economic diversification and the strengthening of more resilient sectors as key strategies for confronting similar crises in the future.

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Journal
Journal Of Institution And Sharia Finance
Published
2025-06-12
DOI
https://doi.org/10.24256/joins.v8i1.6876
Primary Topic
Economic Growth and Fiscal Policies
Type
article
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article

Transformation of Regional Economic Performance in Indonesia During the COVID-19 Pandemic: A Comparative Analysis of GRDP from 2016 to 2023

Muhammad Nisar, Syahrul Syahrul, Muh. Qardawi Hamzah
Journal Of Institution And Sharia Finance
Economic Growth and Fiscal Policies
article

Transformation of Regional Economic Performance in Indonesia During the COVID-19 Pandemic: A Comparative Analysis of GRDP from 2016 to 2023

Muhammad Nisar, Syahrul Syahrul, Muh. Qardawi Hamzah
article en

Abstract

The COVID-19 pandemic has caused significant disruptions to the global economy, including Indonesia, as reflected in the fluctuations of Gross Regional Domestic Product (GRDP) across various provinces. This study aims to analyze the differences in provincial GRDP in Indonesia between the pre-pandemic period and the pandemic period (2020–2023) in order to assess the impact of the pandemic on regional economic resilience. A comparative quantitative approach was employed, using the Wilcoxon Signed Rank Test on GRDP data based on constant prices, obtained from Statistics Indonesia (BPS). The analysis revealed a statistically significant difference in GRDP before and during the pandemic (p < 0.001), indicating a substantial economic shock. Sharp declines were particularly evident in provinces reliant on the tourism and manufacturing sectors, while provinces with more diversified economic structures or supported by agriculture exhibited relatively greater resilience. These findings highlight the importance of regional economic diversification and the strengthening of more resilient sectors as key strategies for confronting similar crises in the future.

Journal Of Institution And Sharia FinanceVol. 8(1)
State University of Makassar (ID)
Openalex Percentile: Top 76%
Economic Growth and Fiscal Policies
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