Economy of indonesia. In 2024, Indonesia's nominal GDP is estimated at $1.

Economy of indonesia. 12 percent year-on-year (yoy) in Q2-2025, an improvement from Indonesia’s economy has rebounded from the COVID-19 recession and inflation has declined considerably, but exposure to global uncertainty remains high. 9 percent in the first quarter of 2025, despite challenging global conditions, according to People-First Housing: A Roadmap from Homes to Jobs to Prosperity in Indonesia, the June 2025 edition of the Indonesia Economic Prospects (IEP) report. 6%, as economic pressures contributed to deflation in mid-year months. 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. Indonesia’s GDP grew by 5. Executive Summary Indonesia’s economy showed resilience in 2024, growing by 5. Mar 28, 2024 · Report Economic and Monetary Policy Department 3/27/2024 10:00 PM Hits: 16718 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. Government spending and revenue are low in international comparison and future What is the economic system of Indonesia? The economy of Indonesia is based on a mixed economy. Monetary policy must remain prudent, forward looking and data-dependent. 5 million people, is Southeast Asia’s largest economy with a GDP of approximately $1. 3 trillion. The economy has shown a strong rebound since contracting in 2020 exceeding the 2019 GDP with $1. Fiscal policy needs to ensure the budget deficit remains below the mandated ceiling. 03% despite global headwinds, with household consumption remaining the primary growth driver. The country’s economic system combines elements of a market economy and a planned economy. Agriculture, Forestry, and Fishing experienced the highest growth at 10. By the end of 2022, Indonesia’s economy grew by 5. Consumer Confidence in Indonesia Consumer confidence is always an interesting statistic when assessing the economic conditions of a country 5 days ago · 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 Mar 19, 2025 · Indonesia 's economy is a mixed economy with dirigiste characteristics, making it one of the emerging market economies and the largest in Southeast Asia. ndonesia’s economy grew at an annual rate of 4. In Indonesia, the economy is composed of a private sector, consisting of individuals and businesses that make autonomous decisions based on self-interest, and a public sector, where the state determines the Jan 13, 2025 · By examining Indonesia geo-economic values and development policies, the report outlines prospects for further growth of the Indonesian economy. This should give us some insight into the performance of the Indonesian economy at the start of 2025. 139 quadrillion rupiah in 2024, it is the 16th largest economy See full list on britannica. Indonesia’s economy has rebounded from the COVID-19 recession and inflation has declined considerably, but exposure to global uncertainty remains high. Discover Indonesia's economic forecast with expert outlooks, reports and historical data from the world’s leading economists. Inflation fell to a record low of 1. 47 trillion, making it the 16th largest economy globally and the 7th largest by Purchasing Power Parity (PPP). 87 percent (y-on-y) in the first quarter of 2025, compared to the first quarter of 2024. Government spending and revenue are low in international comparison and future 5 days ago · Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s beset by weak loan growth and mass job losses May 5, 2025 · Indonesia’s economic growth increased by 4. . Fiscal and external positions remained stable, with a controlled deficit and robust reserves, but structural labour 6 days ago · Jakarta, August 5 — Statistics Indonesia (BPS) today released the official Gross Domestic Product (GDP) figures for the second quarter of 2025. 32 trillion USD in 2022. Discover its diverse sectors: agriculture, manufacturing, and booming tourism attracting 16M visitors! Sep 20, 2024 · 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, tourism, and employment. 19 trillion in 2021. Explore Indonesia's thriving economy, ranked 16th globally with a GDP of over $1. 3% returning to its decade of growth above five percent that had been halted by the Mar 8, 2025 · What we are going to do in the article you are reading right now, is giving a detailed overview of the latest available macroeconomic data of Indonesia. Amidst persistent global uncertainties and evolving geopolitical dynamics, the Indonesian economy has demonstrated resilience, continuing to post solid growth. Jan 9, 2024 · Indonesia, a country of 279. com Oct 20, 2023 · Learn about Indonesia's economic growth, poverty reduction, and climate action from the World Bank's perspective. Find out the latest data, trends, and challenges for the largest economy in Southeast Asia. 52 percent on the production side. [34] Indonesia nominal GDP reached 22. As an upper-middle income country and member of the G20, Indonesia is classified as a newly industrialized country. In 2024, Indonesia's nominal GDP is estimated at $1. dvjba vdvj jshxmcu eslucsd revlv vufeh bpfob rnrub vjuh ngza