Indonesia’s Central Statistics Agency (BPS) confirmed that Bali’s economy and tourism has fully recovered from impact of COVID-19. This recovery is particularly evident in the tourism sector, after several years of recovery.
“So we can conclude that after COVID-19 we have really experienced economic recovery,” said Acting Head of BPS Bali Kadek Agus Wirawan as quoted from AntaraNews.
According to Agus Wirawan, this recovery is evident in the tourism sector, with foreign tourist arrivals surpassing pre-pandemic levels.
“Based on data on foreign tourist visits from January to November 2024, the number of tourist arrivals has exceeded the 2019 figure,” he said.
Growth in Employment
January to November 2024, Bali received 5,782,260 foreign tourist arrivals. In 2019, the number of visits was recorded at 5,722,807, which means there was an increase of 59,453 visits.
Agus also emphasized that although the number of tourists is higher than in 2019, economic recovery can not only be measured from the tourism sector.
In addition, BPS Bali recorded growth in the employment sector. Until August 2024, the number of people working in Bali was recorded at 2.67 million people, an increase of 47,600 people compared to the previous year.
“One of the jobs with the largest increase in the number of workers based on the August 2024 Sakernas is the accommodation and food and beverage sector, this reflects the recovery of the tourism sector which is the backbone of Bali’s economy,” said Kadek Agus as reported by Investor.id.
BPS Bali also reported a significant recovery in the hospitality sector, with the occupancy rate of star hotel rooms reaching 66.34% in September 2024, which showed an increase of 3.12% compared to conditions in September 2019.
“Compared to September 2019 before the pandemic which was 63.22 percent, this reflects the recovery of the tourism sector,” he said.
Economy Grows 5.43%
From the record of macro conditions, BPS Bali sees other factors that help the recovery of the Bali economy, such as the success of the distribution of social assistance, until October 2024 the distribution has reached 92.99 percent.
“We note that Bali’s economy grew 5.43 percent on an annual basis, driven by an increase in financial transactions and an increase in domestic and foreign tourist visits,” he also said.
The tourism sector in Bali is showing recovery after being hit by the Covid-19 pandemic. However, this claim is only based on a few key indicators reported by BPS Bali.
Agus added that this achievement reflects a good economic recovery, with the tourism sector as the main driver.
“With the current conditions, we can conclude that Bali’s economy has fully recovered post-COVID-19,” Kadek Agus concluded.
Sources: AntaraNews, Investor.id
Image: AntaraNews//Nyoman Hendra Wibowo
