Economic Growth of Labuhanbatu Selatan Regency in 2024

The economy of South Labuhanbatu Regency as measured by GRDP at current prices in 2024 reached IDR 41,909.63 billion, while based on constant prices in 2024 it reached IDR 22,619.57 billion. The economy of South Labuhanbatu Regency in 2024 when compared to the previous year increased by 4.89 percent. This shows that the economy in South Labuhanbatu Regency is growing. The Transportation and Warehousing business sector is the business sector with the highest growth of 9.39 percent. Followed by the Accommodation and Food and Beverage Providers business sector at 8.60 percent, and the Information and Communication business sector at 7.31 percent. Meanwhile, the Processing Industry Business Sector which has a dominant role in South Labuhanbatu Regency grew by 4.25 percent.