Indonesia gdp growth rate for 2016 was 5.03%, a 0.16% increase from 2015.
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. Indonesia Economic Forum, 1 week ago 0 3 min read IDEF Rountable "Growth Sectors & Future Trends in Indonesia Education Sector" on July 30, 2020 03:00 PM Jakarta Email register@ief.co.id to book your seat 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. 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. 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.
Indrawati told parliament that GDP was expected to be weaker due to slower consumption while uncertain global economic conditions may also pressure trade and investment. An inclusive and efficient social protection system is needed to achieve sustained and equitable growth in Indonesia. According to WB, IMF and OECD the real GDP growth in Indonesia is predicted to remain at the level 5.2% in 2019. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Indonesia's central bank cut interest rates several times in 2019 to counter slowing growth, throwing up a challenge to President Joko Widodo who has pledged to use his second term to energise the economy by cutting red tape and an embarking on an infrastructure blitz. We have provided a few examples below that you can copy and paste to your site:Your data export is now complete. Please check your download folder. All graphs presented, except OECD Long-term Forecast, agree that the increase started in 2016 continued till 2018. Indonesia's GDP growth is expected at -1% in 2020 and 5.3% in 2021 – Source: ADOS 2020 (June 2020) Indonesia's inflation rates forecasted at 2.0% in 2020 and 2.8% in 2021 – Source: ADOS 2020 (June 2020) 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. 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. 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 … 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. 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. Please check your download folder. REUTERS/Kham
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indonesia economic growth 2019