Economy
Bogor has developed automotive chemical and food industries; its outlying areas are used for agriculture. During the colonization, Bogor was mostly producing coffee, rubber and high-quality timber. Chemical industry was introduced to the city at the end of the 19th century, and car and metal production in the 1950s, during the industrialization of independent Indonesia. The fast economic development of the 1980s was slowed down by the crisis of the 1990s and recovered in the early 2000s; so the growth rate of the economy in Bogor was 5.78% in 2002, 6.07% in 2003 and 6.02% in 2009. At the end of 2009, the Gross Regional Product (GRP) was 12.249 trillion IDR (approximately 1.287 billion USD) and the investments amounted to 932.295 billion IDR.
Despite the economical growth, the number of citizens living below the poverty level (defined by not only cash income, but also access to basic social services) is increasing, primarily due to the inflow of poor residents of the surrounding rural areas. In 2009, 17.45% of the population lived below the poverty level, almost twice higher than in 2006 (9.5%) Minimum wage is established by the city authorities at 800,000 IDR/month.
| Branch of economy | Share in GRP (%) |
|---|---|
| Trade, hotel and restaurant business | 30.14 |
| Industry | 28.2 |
| Financial services | 13.77 |
| Transport and communication | 9.7 |
| Customer services | 7.54 |
| Construction | 7.48 |
| Energy and water supply | 3.16 |
| Agriculture, fishing | 0.36 |
In 2008 there were 3,208 officially registered industrial enterprises in Bogor employing 54,268 people, more than half (32,237) of whom worked at the 114 largest companies. The outskirts of the city contain about 3,466 hectares of agricultural area, including 111 hectares of water bodies used for fishery and fish farming. The main crops are rice (1165 hectares as of 2007, the annual harvest in 2003 was 9,953 tonnes), various vegetables (772 acres, 8,296 tonnes), corn (382 acres, 6,720 tonnes) and sweet potato (480 acres, 3,480 tonnes). The livestock sector has 25 registered companies (as of 2007) mostly breeding cows (more than 1000 animals yielding more than 2.61 million liters of milk), sheep (about 12,000), chickens (more than 642,000) and ducks (ca. 8,000).
About 25–30 tonnes of various species of fish are produced per year by 4 registered companies. The fishes are mostly bred artificially, in ponds and paddy fields. Breeding aquarium fish and also catching them in their natural habitat is an important industry sector, which yielded 367,000 USD from 2008 export sales only, mostly to Japan and Middle East. A substantial part of other Bogor production, 144 billion IDR in 2008, is exported. Examples are clothes and footwear (to US, EU, ASEAN, Canada, Australia, Russia), textiles (US, New Zealand), furniture (South Korea), car tires (ASEAN countries and South America), toys and souvenirs (Japan, Germany, Brazil), soft drinks (ASEAN countries and Middle East). Most of the local sells are carried out via the eight major shopping centers, nine supermarkets and seven major markets.
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