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Latest Reports GDP

  • The Indonesian Economy: Several Remarks by the IMF Team

    The International Monetary Fund (IMF) released several preliminary statements related to the latest visit of a IMF team, led by Luis E. Breuer, to Indonesia (the visit took place between 1 - 14 November 2017). Overall, the team sees the continuation of good economic growth in Indonesia, supported by prudent macroeconomic policies, improved global GDP growth and rising commodity prices, as well as sustained efforts to strengthen the nation's competitiveness.

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  • Investment, Export & Government Spending Improve in Q3

    Although, overall, Indonesia's gross domestic product (GDP) growth in the third quarter of 2017 was slightly disappointing at a pace of 5.06 percent year-on-year (y/y), investment, export and government consumption all strengthened. Hence, the main reason why Indonesia's Q3-2017 GDP growth was below expectations is sliding growth of household consumption.

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  • Indonesian Economy: Q3 GDP Growth at 5.06%, Below Estimate

    Indonesia's Statistics Agency (BPS) announced today (06/11) that the nation's gross domestic product (GDP) grew 5.06 percent year-on-year (y/y) in the third quarter of 2017. Like in the preceding two quarters, this latest figure is (slightly) below analysts' estimates. On average, analysts had expected growth in the range of 5.10 - 5.20 percent (y/y) in Q3-2017.

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  • Sri Mulyani Optimistic about Indonesia's 2018 GDP Growth

    Indonesian Finance Minister Sri Mulyani is optimistic that Indonesia's economic growth in 2018 can exceed the government target of 5.4 percent year-on-year (y/y) as set in the 2018 State Budget, which was approved by Indonesian parliament last week. Her optimism is based on an expected pickup in investment and exports next year.

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  • Bank Indonesia Expects Mild Acceleration of Economic Growth

    Bank Indonesia, the central bank of Indonesia, expects the nation's gross domestic product (GDP) to accelerate modestly in the remainder of the year after having recorded slightly disappointing 5.01 percent year-on-year (y/y) growth in both the first and second quarter of 2017.

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  • PwC Puts Indonesia on Its Fastest-Growing Economies List

    Assurance, tax and consulting services company PricewaterhouseCoopers (PwC) mentioned Indonesia among the 21 nations that have the fastest-growing  economies and will be among the world's biggest economies by 2030. On this list Indonesia is ranked fifth with an expected gross domestic product (GDP) of USD $5.42 trillion in 2030.

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  • Difficult for Indonesia to Achieve its 5.2% GDP Growth Target

    In a meeting with Commission XI of Indonesia's House of Representatives (DPR) Indonesian Finance Minister Sri Mulyani Indrawati informed that it will be tough to achieve the 5.2 percent year-on-year (y/y) economic growth target as set in the government's Revised 2017 State Budget. In the first two quarters of the year Indonesia's gross domestic product (GDP) only expanded 5.01 percent (y/y) in each quarter.

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  • Indonesia's 16th Economic Policy Package to Focus on Investment

    After macroeconomic growth was rather disappointing at 5.01 percent year-on-year (y/y) in the second quarter of 2017, the Indonesian government will soon release a new economic policy package, specifically aimed at boosting investment in Indonesia. However, Indonesia's business world urge the government to first evaluate the effectiveness of preceding policy packages before implementing a new deregulation package. Moreover, some say it would be better to focus on improving confidence among consumers.

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  • Economy of Indonesia: GDP Growth at 5.01% in 2nd Quarter 2017

    On Monday morning (07/08) Indonesia's Statistics Agency (BPS) released the official gross domestic product (GDP) growth figure for the second quarter of 2017. The result was slightly below estimates. BPS said the Indonesian economy expanded by 5.01 percent year-on-year (y/y) in Q2-2017, while the average analyst forecast was 5.08 percent (y/y).

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Latest Columns GDP

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