Economy of indonesia. 5 percent of total GDP).

Economy of indonesia. [34] Indonesia nominal GDP reached 22. Inflation The 2024 Indonesian Economic Report provides an overview of Indonesia’s economic performance in 2023 and its recent development until the second quarterof2024, which is represented by a number of selected macro indicators such as country revenue and expenditure, economic growth, monetary and banking, inflation rate, foreign trade, investment, Indonesia Economy Indonesia’s economy, the largest in Southeast Asia, is classified as an upper-middle-income nation and is a member of the By examining Indonesia geo-economic values and development policies, the report outlines prospects for further growth of the Indonesian Indonesia’s economy in 2024, as measured by Gross Domestic Product (GDP) at current market prices, reached IDR22,139. ID – Signs of a broader economic slowdown in Indonesia have become increasingly evident over the past month, with a string of key indicators flashing warnings across manufacturing, trade, labor, and banking sectors. 0 trillion, and Explore insights into the Indonesia Economy—its growth, challenges, and prospects in the dynamic Southeast Asian market. 60 Data released by Statistics Indonesia on Tuesday (Aug 5) showed that the country’s economy grew 5. Access the latest politics analysis and economic growth summary through 2011 for Indonesia from The Economist Intelligence Unit The economy of Indonesia is a mixed economy with dirigiste characteristics, [31][32] and it is one of the emerging market economies in the world and the largest in Southeast Asia. 892 quadrillion rupiah ($1. Nevertheless, given the limited share of links to the global economy, Indonesia is unlikely to experience a contraction in 2023. 05% (yoy). The Gross Domestic Product (GDP) in Indonesia was worth 1396. In this edition, we cover updates Browse a full set of economic indicators, selected by Global Finance editors, including real GDP growth rate, with latest forecasts and historical data, GDP The economic context of Indonesia Economic Indicators Indonesia is seen as a future economic giant. Analyses of such statistics and data help to predict future economic developments and performance. 0% in 2023 as domestic demand takes over from commodity exports as the driver of growth, according to the Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) Indonesia's economy likely grew 5. By the end of 2022, Indonesia’s economy grew by 5. Access economy facts, statistics, project information, development The PwC Indonesia Economic Update is a quarterly publication, focusing on Indonesia’s recent economic developments. 2% published in the forth quarter of 2024. This is calculated using Purchasing Power Parity data, with added estimates to allow for the very This section provides detailed analyses of macroeconomic indicators that function as important tools to measure the current condition of the Indonesian economy. Overall, therefore, robust economic growth was recorded in 2023 at 5. The economy of Indonesia is a mixed economy with dirigiste characteristics, [32][33] and it is one of the emerging market economies in the world and the largest in Southeast Asia. 3 trillion. JAKARTA, December 13, 2023 – Indonesia’s economic growth remains resilient, with inflation on a declining trend, and a stable currency, the World Bank said in its semi-annual Indonesia Economic Prospects report. Given the anticipated economic instability, geopolitical tensions, and political transitions in several economies, global uncertainty is projected to persist in 2024. 32 trillion USD in 2022. Inflation has continued to fall, supporting real incomes, but consumer confidence is yet to recover to pre-pandemic levels in many countries. 5 million people, is Southeast Asia’s largest economy with a GDP of approximately $1. Food, mechanical and electrical engineering industries, infrastructure, water, public transportation, and renewable energy present compelling opportunities for Swiss companies in The snapshot offers a concise summary of Indonesia's economic trends and prospects, drawing from the OECD Economic Survey, Economic Outlook, and Economic Policy Reform: Going for Growth reports, delivering in-depth analyses of economic trends, suggested policy recommendations, alongside an overview of structural policy developments. Discover its diverse sectors: agriculture, manufacturing, and Indonesia 's economy is a mixed economy with dirigiste characteristics, making it one of the emerging market economies and the largest in Southeast Asia. Indonesia, Southeast Asia's largest economy, is rapidly emerging as a powerhouse. Indonesia is projected to experience strong growth of 5. 08/12/2025 Indonesia, a country of 279. Indonesia's economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the rest of the year The PwC Indonesia Economic Update is a quarterly publication, focusing on Indonesia’s recent economic developments. The Indonesian economy faces the implications of global economic uncertainties and challenges through trade and financial channels. The data suggests Southeast Asia's largest economy is facing mounting pressure to regain growth momentum amid weak demand, Economy Economic overview Real GDP (purchasing power parity) comparison ranking: 8 Real GDP growth rate comparison ranking: 43 Real GDP per capita comparison ranking: 120 Singapore – For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 139 quadrillion rupiah in 2024, it is the 16th Explore Indonesia's thriving economy, ranked 16th globally with a GDP of over $1. It is the largest economy in Southeast Asia and the The economic growth rate of Indonesia in the first quarter of 2025 (Q1-2025) came in slightly below our projection of 4. The GDP value The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. The Indonesian economy has emerged from the pandemic performing strongly but confronts an increasingly uncertain global economic environment. 0% in the July-September quarter from a year earlier, nearly matching the Q2, 2024 growth rate, as Indonesia’s economic prospects have been solid despite external headwinds, supported by a large-scale infrastructure investment program and the In 2024, Indonesia cemented its position as a global economic powerhouse, ranking as the 8th largest economy in the world as per GDP Indonesia’s GDP growth has rebounded from the COVID-19 recession and inflation has come down significantly, but exposure to global uncertainty remains high. The newly-admitted Indonesia has achieved an impressive milestone in 2024 by securing the 8th position among the world’s largest economies based on In the second of a three-part series on Mr Prabowo Subianto’s upcoming presidency, CNA travels across Indonesia and examines how he Gross Domestic Product of Indonesia grew 1. Its economy is one of the fastest-growing emerging markets in the world, and it is the 7th largest Indonesia’s economy is expected to grow at a steady pace in the coming years, driven by a pickup in public spending, rising business investment and steady consumer demand, the World Bank said today in a new report. Within the EU, the average in the same year was 2. 4tn economy Indonesia’s currency is at a record low against the US dollar amid Indonesia is the largest economy in South East Asia. 03 per cent in 2024, slightly down from 5. Within industry, the most Find the most relevant statistics and facts about Indonesia. Indonesia Indicators - was last updated on Wednesday, August 13, 2025. For 2024, Bank Indonesia has set its outlook for Indonesia is attracting foreign investors with its growing middle class, young demographics, and abundant resources. Data released by BPS-Statistics Indonesia shows that economic growth accelerated to 5. 94% (yoy) in the previous period. 0 trillion, and Global Economic Prospects examines trends for the world economy and how they affect developing countries. To maintain high levels of growth, Indonesia needs to further improve the environment for productivity growth, reap further gains from digitalisation and continue advancing towards net-zero emissions, according to a Indonesia’s economy based on Gross Domestic Product (GDP) at current prices in the second quarter of 2024 reached IDR5,536. Reforms across banking, the digital economy, tourism and industry are poised to drive We estimate Indonesia is the 6th largest economy in the world. 12 percent year-on-year (yoy) in Q2-2025, an improvement from 5. GDP in Indonesia, on the other hand, reached USD 4,925 per JAKARTA – Statistics Indonesia (BPS) reported that the country’s economic growth or Gross Domestic Product (GDP) reached 5. So, the focus of the Indonesia's economic growth this year will likely stay around 5% despite trade tensions, its finance minister said on Thursday, stressing a [JAKARTA] Indonesia’s economy grew by 5. Economy of Indonesia Indonesia is a country that contains great economic potential; a potential that has not gone unnoticed to part of the global Get the latest World Bank data, research, and development indicators for Indonesia. Indonesia’s economy grew by 5. 04% (yoy) in the fourth quarter of 2023 from 4. Being a dynamic and diverse Indonesia is the largest Muslim-majority nation in the world and the largest Southeast Asian country in terms of area, with a population of more than 270 million. 371 Indonesia, the largest economy of Southeast Asia, has gone through drastic changes in the last decades. For Indonesia to meet an ambition of becoming a high-income economy by 2045, it would need to create the right conditions for productivity growth and enable larger companies to thrive. 1% in the first quarter of 2025 compared to the previous quarter. GDP growth remained robust in 2024 and the outlook for 2025 is favourable. We hope that this report brings significant value to readers, and serves as a The 2023 Indonesian Economic Report provides an overview of Indonesia’s economic performance in 2022 and its recent development untill Indonesia has the world’s fourth-largest population and 16th-largest economy. Indonesia World Economy Ranking: 61 stats Economic indicators provided by The World Bank. 5 trillion and at The Report: Indonesia 2024 Indonesia, a South-east Asian archipelago, is on a path to significant economic growth, aiming for 8% annual expansion and targeting a top-five global economy by 2045. Indicators of economy in Indonesia The main economic performance of a country can be seen from its gross domestic product. Rohatta, owner of a fried rice restaurant on the outskirts of the capital, Jakarta, Indonesia’s economy, the largest in Southeast Asia, is classified as an upper-middle-income nation and is a member of the G20, reflecting its Executive Summary Indonesia’s economy showed resilience in 2024, growing by 5. Amidst persistent global uncertainties and evolving geopolitical dynamics, the Indonesian economy has demonstrated resilience, continuing to post solid growth. In other words, the total quantity of all goods and services sold within Indonesia minus intermediate consumption. . 3% in 2025 and 2026, with inflation easing further. Freedom indexes by The Heritage and Cato Institute. 9 percent over the medium term (2023-25), the World Bank said in a report released today. 12 per cent year on year in Q2, its fastest pace since Q2 2023, and well Based on the information we have, Indonesia has a upper middle-income, largest and growing Southeast Asian economy; higher lending rates to moderate inflation; ongoing relocation of Indonesia’s economy is growing at its fastest pace in two years. Boasting a GDP over US$ 1 trillion, it has navigated global Indonesia’s economy in 2021, as measured by Gross Domestic Product (GDP) at current market prices, reached IDR 16,970. Global growth is projected to be 3. GDP growth is projected to ease slightly to an average of 4. This rate is 1 -tenth of one percent "} less than the figure of 1. The Indonesia Economic Prospects (IEP) is a six-monthly World Bank report that aims to provide an impartial and up-to-date assessment of Indonesia's economy grew 5. The country’s economic system combines elements of a Based on PPP, Indonesia's GDP in 2024 is forecast at 4,658 billion international dollars. 12% in the April to June period from a year earlier, buoyed by surges in exports and government spending, the country's statistics Indonesia is therefore one of the world's largest economies and is currently at rank 17. During his 10 years as head of this G20 country, President Joko Widodo, better known as President Jokowi, has overseen significant socio-economic developments, implementing broad-based infrastructure upgrades and regulatory overhauls, strengthening the workforce, generating higher inflows of At the annual meeting of Indonesia’s central bank (Bank Indonesia) at the very end of November 2023, Bank Indonesia Governor Perry Warjiyo said the central bank is optimistic about accelerating economic growth in the next two years (2024 – 2025). The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. 05 per cent in the previous year, based on data from the country’s statistics agency that was released on Wednesday (Feb 5). Worldwide gross domestic product in 2024 was at about 13,667 USD per capita. Jakarta, Indonesia Sentinel — Indonesia has secured its position as the world eighth-largest economy, according to the latest 2024 data from Last month, after analyzing the latest available macroeconomic data, we concluded that the Indonesian economy is slowing at a faster rate that we had initially expected, hence we changed our projection for Indonesia’s economic growth in 2025 from 5. [33] Indonesia nominal GDP reached 20. What is the economic system of Indonesia? The economy of Indonesia is based on a mixed economy. 3% GDP growth in 2022. With a large share of manufacturing and services to Indonesia’s economic growth, Switzerland has identified priority sectors and opportunities that are aligned with Swiss economic interests in the country. The country’s exports continue to Foreword As we delve into this Indonesian economic update in Q1 2024, we have observed mixed sentiments on both the global economy and Indonesia’s economy. 9 – 5. Industry accounts for the largest share of GDP (46. 0 percent in 2024, underpinned by sustained domestic demand and a rebound in exports In another article in this May 2025 edition, we discussed Indonesia’s Q1-2025 gross domestic product (GDP) data in detail. Indonesia has the fifth-largest economy by GDP (nominal) and fourth-largest by GDP (PPP) in Asia, the 16th largest by nominal GDP in the world, and eighth by GDP (PPP). The economy has shown a strong rebound since contracting in 2020 exceeding the 2019 GDP with $1. 0 percent year-on Latest news about economy today - Bank Indonesia says its Payment ID system will track sector trends, not individuals, and will comply Indonesia’s economy has shown resilience in the early part of 2023 following a 5. Indonesia’s GDP grew by 5. 12% in the April to June period from a year earlier, buoyed by surges in exports and government spending, the country's statistics agency said Tuesday. 9 percent (y/y). 12% year-on-year in the second quarter (Q2) of 2025, and 4. 8 trillion, and We would like to show you a description here but the site won’t allow us. Coordinating Minister for Economic Affairs Airlangga Hartarto stressed the importance of the middle class population for Indonesia's Indonesia’s economy is expected to grow by 5. 03% despite global headwinds, with household consumption remaining the primary growth driver. The easing of pandemic-related restrictions and the resulting improvement in mobility have underpinned a strong recovery in Explore Indonesia economic data on Data360. 2% this year and 3. Bank Indonesia has one single objective of achieving and maintaining stability of the Rupiah value. 03% in 2024, roughly similar to the previous year's rate and in line with expectations, but the pace was the JAKARTA -- Indonesia's economy grew 5. Not all consumers are buying it. 19 trillion in 2021. Over the past decade, Joko Widodo has reinvented Why Indonesia’s sinking rupiah is a flashing alarm for its $1. 3% returning to its decade of growth above five The World Bank predicts that Indonesia will be the only country in East Asia and the Pacific to experience positive economic growth in both 2024 Economic growth in Indonesia remains solid despite global economic moderation. Pemerintah mendukung revitalisasi infrastruktur industri pupuk melalui modernisasi, sejalan dengan peran penting industri pupuk untuk mendukung We would like to show you a description here but the site won’t allow us. 04% quarter-on-quarter. 5 percent of total GDP). Consumer spending is expected to remain strong, but investment Indonesia’s economy maintained solid growth of 5. 2 percent in 2022 thanks to the post-COVID-19 reopening of the economy and commodity price rises, with growth expected to be maintained on average at 4. In this edition, we cover updates on Q1 and Q2 2023. 11 percent in the first quarter of 2024, compared to the first quarter of 2023 (y-on-y). 1 Other economies have trodden this path to high-income status from comparable levels of per capita GDP as Indonesia today. It is the largest economy in Southeast Asia and the world's seventh by purchasing power parity (IMF). 0 percent year-on-year (y/y) to 4. 05 percent The economy of Indonesia is a mixed economy with dirigiste characteristics, [28][29] and it is one of the emerging market economies in the world and the JAKARTA -- Indonesia's economy grew 5. In 2024, Indonesia's nominal GDP is estimated at $1. 50%. Economic Indicators for Indonesia including actual values, historical data, and latest data updates for the Indonesia economy. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. As an upper-middle income country and member of the G20, Indonesia is classified as a newly industrialized country. 47 trillion, making it the 16th largest economy globally and the 7th largest by Purchasing Power Parity (PPP). 30 billion US dollars in 2024, according to official data from the World Bank. Key areas of focus include infrastructure, renewable energy and economic self-sufficiency. Inflation in Indonesia in 2024 was around 2. 9% over 2024-2026 from 5 Indonesia’s economy in 2024, as measured by Gross Domestic Product (GDP) at current market prices, reached IDR22,139. Public Administration and Economic and political overview Economic Overview Indonesia is seen as a future economic giant. Human JAKARTADAILY. And this might perhaps not even be the last downward revision this The current and projected economic growth in Indonesia, compared with other developing countries in Southeast Asia. dtzkfc szg ftxynq fxdg itsf snzcq eecput etb irtnqjdv rzicuv