Annual percentage growth rate of GDP at market prices based on constant local currency.
Its overall score has increased by 1.4 points, primarily because of a higher property rights score. This page has economic forecasts for Indonesia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Indonesia economy. There are doubts whether Indonesia's gross domestic product (GDP) growth can reach 5.2 percent year-on-year (y/y) in full-year 2018 as Indonesia is experiencing a couple of major challenges.
The Gross Domestic Product (GDP) in Indonesia was worth 1119.19 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics.
GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
All graphs presented, except OECD Long-term Forecast, agree that the increase started in 2016 continued till 2018. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
JAKARTA (Reuters) - Indonesia’s finance minister Sri Mulyani Indrawati in a parliamentary hearing on Thursday revised down the country’s economic growth outlook for 2019 to 5.08% from 5.2% previously. Amid challenging global economic conditions, Indonesia’s economic growth slowed slightly to 5.0 percent in the third quarter of 2019 from 5.1 percent in the previous quarter. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page.
Indonesia gdp growth rate for 2018 was 5.17%, a 0.1% increase from 2017. The GDP value of Indonesia represents 0.93 percent of the world economy.
Reporting by Maikel Jefriando; Writing by Fransiska Nangoy; Editing by Jacqueline WongFILE PHOTO: Indonesia's Finance Minister Sri Mulyani Indrawati attends the World Economic Forum on ASEAN at the Convention Center in Hanoi, Vietnam September 12, 2018. Economic Indicators for Indonesia including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Indonesia economy. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic.If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Indonesia's economic growth in the final quarter of 2019 was the slowest in three years, hit by a weakening global economy, and despite supportive efforts by … In 2015 it was an all-time low of -4.8%.
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