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Berita Hari Ini GDP

  • Indonesia Needs to Raise Efforts to Escape Middle Income Trap

    Indonesia Needs to Raise Efforts to Escape Middle Income Trap

    In order to escape the middle income trap (and become a high income country), the government of Indonesia needs to raise efforts to enhance the development of an inclusive economy by reforming the education and technology sectors as well as by combating social injustice. With a "business as usual" approach the government will not succeed in escaping this trap, says economist Faisal Basri. Indonesian society is currently highly unfair as 1 percent of the population controls 50.3 percent of the nation's total assets.

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  • Credit Growth in Indonesia: Accelerating in October 2016

    Credit Growth in Indonesia: Accelerating in October 2016

    Credit growth in Indonesia improved in October 2016 after touching a low in the preceding month. In October credit growth in Indonesia was recorded at a pace of 7.4 percent year-on-year (y/y), reaching IDR 4,246.6 trillion (approx. USD $314.6 billion), accelerating from a growth pace of 6.4 percent (y/y) in September. This development is caused by Bank Indonesia's lower interest rates although the victory of Donald Trump in the 2016 US presidential election may have curtailed demand for credit due to the higher degree of uncertainty about future US political and economic policies.

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  • Bank UOB Indonesia Sees Economic Growth at 5.2% in 2017

    Bank UOB Indonesia Sees Economic Growth at 5.2% in 2017

    Bank UOB Indonesia expects the economy of Indonesia to accelerate to a growth pace of 5.2 percent year-on-year (y/y) in 2017, from an estimated 5.0 percent (y/y) this year. Economic acceleration of Indonesia comes despite expected slowing global economic growth. Kevin Lam, President Director at Bank UOB Indonesia, stated infrastructure development and the government's economic policy packages will boost the economy and generate employment thus stimulating household consumption.

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  • Economy of Indonesia: GDP Expands 5.02% in Q3-2016

    Economy of Indonesia: GDP Expands 5.02% in Q3-2016

    Statistics Indonesia (BPS) announced that Indonesia's gross domestic product (GDP) expanded by 5.02 percent year-on-year (y/y) in the third quarter of 2016, down from a revised 5.19 percent (y/y) growth pace in the preceding quarter but in line with forecasts. BPS Head Suhariyanto said Indonesian economic growth remained subdued amid bleak and uneven growth in major trading partners. Secondly, slowing government spending realization and a cut in spending (to prevent Indonesia's budget deficit from widening too much) affected the GDP growth rate of Southeast Asia's largest economy.

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  • Motorcycle Sales in Indonesia Should Rebound in 2017

    Motorcycle Sales in Indonesia Should Rebound in 2017

    The Indonesian Motorcycle Industry Association (AISI) expects Indonesia's motorcycle sales to rebound in 2017. Based on the latest estimates, sales of two-wheelers will rise 10 percent (y/y) to 6.6 million next year from an estimated 6 million vehicles in 2016. This year sales are expected to drop slightly over 7 percent (y/y) compared to 6.48 million sold motorcycles in 2015. AISI Chairman Gunadi Sindhuwinata said there are several reasons that should cause rebounding motorcycle sales next year.

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  • Indonesia Investments' Newsletter of 16 October 2016 Released

    Indonesia Investments' Newsletter of 16 October 2016 Released

    On 16 October 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy and political-related topics such as the new Energy minister, GDP growth, credit ratings, the food and modern retail sectors, property prices for foreign buyers, cement sales, coal price, car sales, and more.

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  • The Economy of Indonesia More Promising in 2017

    The Economy of Indonesia More Promising in 2017

    Indonesia is expected to end the prolonged economic slowdown, finally, in 2016. Between 2011 and 2015 the nation's gross domestic product (GDP) continued to slide amid sluggish global growth, tumbling commodity prices and domestic changes (higher interest rate environment in 2013-2015 to combat sharply rising inflation as a result of subsidized fuel price reforms). In 2016 this prolonged slowdown will most likely end. Based on the latest forecasts, the Indonesian economy should expand by around 5.0 percent (y/y) this year, up from a growth pace of 4.7 percent in 2015.

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  • World Bank Releases East Asia and Pacific Economic Update

    World Bank Releases East Asia and Pacific Economic Update

    In its latest East Asia and Pacific Economic Update, titled "Reducing Vulnerabilities", the World Bank stated that it projects Indonesia's gross domestic product (GDP) to grow by 5.1 percent (y/y) in 2016 and 5.3 percent (y/y) in 2017 mainly supported by rising private consumption, a relatively stable rupiah rate, fiscal support (including higher personal income tax threshold), and accelerating government spending. Overall, the World Bank expects growth in developing East Asia and the Pacific to remain resilient over the next three years.

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  • Asian Development Bank Cuts GDP Growth Forecast Indonesia

    Asian Development Bank Revises Down GDP Growth Forecast Indonesia

    Regional development bank Asian Development Bank (ADB) has become slightly less optimistic about Indonesia's economic growth in the years 2016 and 2017, although the Manila-based institution emphasizes that Southeast Asia's largest economy remains growing at a healthy pace. In its latest Asian Development Outlook 2016 the ADB cut its forecast for Indonesia's economic growth to 5.0 percent (y/y) in 2016 (from 5.2 percent previously) and to 5.1 percent (y/y) in 2017 (from 5.5 percent previously).

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  • Analysis Indonesian Economy: What about Indonesia's Economy in 2017?

    Analysis Indonesian Economy: What about Indonesia's Economy in 2017?

    Although the economy of Indonesia will continue to face challenges in 2017, there are a couple of matters that give rise to optimism about accelerating economic growth. These were the conclusions drawn at the Entrepreneur Networking Forum that was held by Bank Tabungan Negara Pensiunan Nasional in Bandung (West Java) on Wednesday (14/09). Although expectations were recently revised down (due to government budget cuts), Indonesian economic growth is still set to rebound in 2016 after having experienced several years of slowdown.

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Artikel Terbaru GDP

  • Tourism in Indonesia: One of Indonesia's Untapped Potentials? (Part I)

    Tourism in Indonesia Untapped Potential - Richard van der Schaar

    Whenever the topic of tourism in Indonesia is touched upon, most people will instantly think of Bali. This small but famous island harbors all sorts of entertainment that will appeal to various segments of international tourism: beautiful landscapes, Balinese Hinduism, lively nightclubs, beaches and more. But apart from Bali - and despite the fact that Indonesia has much to offer on other islands - the country has disappointed in attracting a large amount of foreign tourists so far.

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  • Indonesia's Trade Ministry Limits the Amount of Outlets with New Franchise Law

    Last February, the Indonesian government, through its Ministry of Trade, issued new rules with regard to Indonesia's franchise sector. This new regulatory framework - formulated in Ministry of Trade Regulation No. 7 Year 2013 on Partnership Development in Franchise Business Services for Food and Beverages (Permendag Nomor 7) - will have an impact on Indonesia's food and beverage services as limitations are set on the amount of outlets.

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  • World Bank: Indonesia Shows Steady Growth but Pressures Are Mounting

    This week, the World Bank published its Indonesia Economic Quarterly (IEQ, edition March 2013) titled 'Pressures Mounting'. It reports on key developments over the past three months in Indonesia’s economy, and places these in a longer-term and global context. To read the whole report, please visit the World Bank's website at www.worldbank.org or download this edition directly through this link. Below we present the executive summary.

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  • Low Competitiveness Blocks Development of Indonesia's Manufacturing Sector

    Despite the fact that Indonesia reported the world's third-highest GDP growth in 2012 (behind China's 7.4 percent and Saudi Arabia's 7.1 percent), supported by rising consumption by a burgeoning middle class and significant increased foreign direct investment, the country's performance in terms of competitiveness is disappointing. It is cheaper to import products from countries that contain competitive businesses than to produce them in Indonesia.

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  • Indonesia Stock Exchange Gains Amid Global Positive Market Sentiments

    Apparently, market participants were eagerly waiting for positive news regarding stimulus packages that various central banks will apply to boost local economies. Once the news spread, investors hunted for stocks that previously weakened. Moreover, increased manufacturing data from the USA and Europe contributed to positive market sentiments. Lastly, China indicated to maintain its economic pace of 7.5 percent GDP growth this year.

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  • The Indonesia Stock Exchange Gives a Valentine's Gift; a New Record

    Rising Asian stock markets, particularly a strong Hang Seng (Hong Kong) that opened today after the Chinese new year celebrations, had a positive impact on the Indonesia Stock Exchange (IHSG). As had happened in previous years, the IHSG has the tendency to gain ahead of Valentine's day. Today, market participants received their special Valentine's gift: a new record-high IHSG level of 4601.95, although in the end it had to close a bit lower.

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  • Indonesian Government Releases Official GDP Growth Figure for the Year 2012

    An official at Indonesia's Finance Ministry announced today that Indonesia's gross domestic product (GDP) grew by 6.23% in 2012, thus failing to meet the government's revised target of 6.3-6.5%. Factors that contributed to Indonesia's lower than expected economic growth last year were weak exports due to poor international trade and non-optimal government spending. On the positive side, all sectors of the Indonesian economy experienced growth.

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  • BRI's 2012 Results Mark the Continued Strength of Indonesia's Financial Sector

    Bank Rakyat Indonesia - BRI - Indonesia Investments - Van der Schaar Investments B.V. Vaandelstraat Delft

    Indonesian commercial banks have shown good performance in recent years as economic growth of over six percent fuels loan demand from the people and businesses. Domestic consumption and investment are the two main drivers of the country's gross domestic product (GDP) growth. Together, these two components account for almost 90 percent of GDP. As such, lenders are in a comfortable position.

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  • The Rise of Indonesia's Cement Production and Consumption

    Both Indonesia's cement production and cement consumption have risen rapidly in recent years. As the country has been showing solid economic growth for a decade - and is forecast to continue this growth -, property and infrastructure projects have grown in number accordingly, thus increasing demand for building materials such as cement. Moreover, the government is committed to enhance the country's much-needed infrastructure development.

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