Exhibition City - Surabaya
Surabaya is Indonesia’s second largest city with a population of over 2.765,908 as of 2010 census (5.1 million in the metropolitan area), located on the northern shore of eastern Java island. Surabaya is also known as the birthplace of Indonesia First President, Sukarno.
The City of Heroes
Surabaya is the main trading port in East Java. Enriched by its facilities, and geography advantages, Surabaya has great economic potential. Surabaya’s economy is also influenced by the recent growth in foreign industries and the completion of the Suramadu bridge. And currently, Surabaya is in the process of building high rise skyscrapers such as apartments, condominiums, and hotels as a way of attracting foreigh people to the city.
With a Gross Domestic Product ( GDP ), which reached 264,335 trillions IDR (USD 26,4 Billions) in 2012, Surabaya is the largest contributor of GDP in East Java Province, with a contribution of 26.55%. The Sector which is being the largest contributor to the GDP comes from trade, hotel and restaurant with a contribution of 39.14%. The second largest contributor of the city of Surabaya’s GDP comes from manufacturing sector which reached 28.70%. Surabaya GDP per capita at current prices in the year 2012 to 79,125,490 rupiah (USD 7900 per capita) with a population of 2,795,544 in 2012.
In 2009, economic growth reached 5.04% Surabaya, is greater than the rate of growth in East Java Province, which is only 5.01%. In the period 2005-2009, the rate of inflation in Surabaya tend to decrease. In 2005 the inflation rate reached 14.21% Surabaya. Dropped to 6.71 in 2006 and 6.27% in 2007. In 2008, the city of Surabaya back inflation rose to 8.73% in 2009, and very low down to 3.39%. Rising inflation in 2008 allegedly due to rising global crude oil prices, causing inflationary pressure. While the decline in inflation in 2009 due to slowing global economic growth and tend to improve in 2009.