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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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  • Indonesia Investments' Newsletter of 11 September 2016 Released

    Indonesia Investments' Newsletter of 11 September 2016 Released

    On 11 September 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-related topics such as Indonesia's stocks and rupiah, looming revisions of the 2009 Mining Law, the G20 summit, GDP growth, the coal mining industry, corruption, the tax amnesty program, and more.

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  • Indonesia's 2017 Economic Growth Target Set at 5.1%

    Indonesia's 2017 Economic Growth Target Set at 5.1%

    The central government of Indonesia and Commission XI within Indonesia's House of Representatives (DPR) agreed to set the nation's economic growth target at 5.1 percent (y/y) in the draft state budget for 2017. This target is 0.2 percentage points below the GDP growth target that was mentioned by Indonesian President Joko Widodo in a speech last month (based on a financial note) and is also below the 5.2 GDP growth target that was set in the Revised 2016 State Budget. Less optimistic forecasts are especially caused by a cut in government spending.

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Artikel Terbaru GDP

  • World Bank Released March 2018 Indonesia Economic Quarterly

    World Bank Released March 2018 Indonesia Economic Quarterly

    The World Bank released the latest edition of its flagship publication Indonesia Economic Quarterly on Tuesday (27/03). The March 2018 edition of the report is entitled "Towards Inclusive Growth". In the report the World Bank is positive about Indonesia's economic outlook after seeing the nation's real gross domestic product (GDP) growth picking up at 5.2 percent year-on-year (y/y) in the fourth quarter of 2017 (accelerating from 5.1 percent y/y in the previous quarter).

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  • Widodo Wants Indonesia's Banking Sector to Boost Credit Growth

    Widodo Wants Indonesia's Banking Sector to Boost Credit Growth

    At a special occasion at the Presidential Palace in Jakarta, Indonesian President Joko Widodo urged local banks to become more aggressive in terms of lending as credit disbursement in Indonesia's banking sector only reached IDR 4,782 trillion (approx. USD $349 billion) in 2017, hence growing by only a modest 8.3 percent year-on-year (y/y), thus unable to provide an optimal boost to domestic economic growth.

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  • R&I Upgrades Indonesia's Sovereign Credit Rating to BBB (Stable)

    R&I Upgrades Indonesia's Sovereign Credit Rating to BBB (Stable)

    Rating and Investment Information, Inc (R&I), a Japan-based provider of credit ratings, investment appraisal and information services, announced that it has upgraded Indonesia's sovereign credit rating from BBB- (positive outlook) to BBB (stable outlook) per 7 March 2018. Last December, Fitch Ratings had already upgraded Indonesia's long-term foreign- and local-currency issuer default ratings to BBB (stable outlook), from BBB- previously.

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  • Economy of Indonesia: 5.07% GDP Growth in Full-Year 2017

    Economy of Indonesia: 5.07% GDP Growth in Full-Year 2017

    In full-year 2017 the Indonesian economy expanded 5.07 percent year-on-year (y/y). Indonesia's Statistics Agency (BPS) announced on Monday morning (05/02) that the nation's gross domestic product (GDP) growth reached 5.19 percent (y/y) in the fourth quarter of 2017. These figures show a mixed picture.

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  • World Bank Positive about Economic Growth Indonesia in 2018

    World Bank Positive about Economic Growth Indonesia in 2018

    In the World Bank's January 2018 edition of its Global Economic Prospect (GEP) report, released earlier this week, Indonesia's economic growth is considered stable at 5.3 percent year-on-year (y/y) in the 2018-2020 period. Although compared to emerging peers in the Asian region, a 5.3 percent growth pace is not too impressive, the positive message from the GEP report is that - contrary to many emerging Asian peers - Indonesia is not expected to see sliding economic growth in the years ahead.

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  • Analysis: Bank Indonesia Holds Key Rate at 4.25% in November

    Analysis: Bank Indonesia Holds Key Rate at 4.25% in November

    In line with expectations, the central bank of Indonesia (Bank Indonesia) left its benchmark interest rate unchanged on Thursday (16/11). The seven-day reverse repurchase rate (BI 7-day Reverse Repo Rate) was kept at 4.25 percent for a second straight month. Meanwhile, the deposit facility and lending facility rates were kept at 3.50 percent and 5.00 percent respectively.

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  • Bank Indonesia to Revise 2017 Economic Growth Target Soon

    Bank Indonesia to Revise 2017 Economic Growth Target Soon

    The central bank of Indonesia (Bank Indonesia) said it will revise its outlook for Indonesia's economic growth in full-year 2017 after the Q3-2017 GDP growth figure - released at the start of the week - was well below expectations. Previously, Bank Indonesia set its economic growth target for Indonesia in 2017 in the range of 5.0 - 5.4 percent year-on-year (y/y).

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  • Indonesian Economy: Accelerating Growth or Another Bleak Quarter?

    Indonesian Economy: Accelerating Growth or Another Bleak Quarter?

    On Monday (06/11) Indonesia's Statistics Agency (BPS) is scheduled to release Indonesia's third quarter GDP data, important information that is closely followed by investors and analysts. While most analysts expect to see accelerated economic growth in the third quarter, others remain skeptical as Indonesia's gross domestic product was disappointing in the first two quarters of the year amid bleak domestic consumption.

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  • Bank Indonesia Sees Improving Global & Domestic Economy

    Bank Indonesia Sees Improving Global & Domestic Economy

    The Bank Indonesia (BI) Board of Governors agreed to hold the BI 7-day Reverse Repo Rate at 4.25 percent, while maintaining the deposit facility and lending facility rates at 3.50 percent and 5.00 percent, respectively, effective per 20 October 2017. The decision was in line with efforts to maintain macroeconomic and financial system stability, while stimulating the domestic economic recovery.

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  • World Bank Releases October Indonesia Economic Quarterly Report

    World Bank Releases October Indonesia Economic Quarterly Report

    In its latest report, the World Bank stated that Indonesia's macroeconomic fundamentals are solid and have been strengthening amid the central government's eagerness to implement critical structural reforms, while investment growth rose to the highest levels since the last quarter of 2015 (mainly investment in buildings and structures).

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