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Berita Hari Ini GDP

  • Joko Widodo Presents Indonesia’s 2016 State Budget Draft in Parliament

    On Friday (14/08) the Indonesian government unveiled its 2016 State Budget draft at a session in the House of Representatives (DPR). The draft is important as it shows government targets regarding the macroeconomy of Indonesia and it shows on what fields the government will focus in terms of public spending. The government - led by Indonesian President Joko Widodo - is optimistic that economic growth will finally rebound after four years of slowing economic growth as its 2016 GDP growth target was set at 5.5 percent (y/y).

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  • Apindo: Indonesian Unemployment Rate to Rise due to Economic Slowdown

    As Indonesia’s economic growth continued to slow in the second quarter of 2015, the Indonesian Employers Association (Apindo) warned of increasing unemployment in Southeast Asia’s largest economy. Each 1 percent gross domestic product (GDP) growth can generate between 200,000 and 300,000 new jobs in Indonesia. As such, when economic growth slows, society misses out on new jobs and with around two million Indonesians entering the labor force each year, job generation is an important task of the government.

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  • Joko Widodo: Economic Growth Indonesia to Accelerate in Late 2015

    In response to the release of Indonesia’s official Q2-2015 GDP growth figure, which puts the country’s economic growth pace at 4.67 percent year-on-year (a six-year low), President Joko Widodo said the economy of Indonesia is bound to improve in the second quarter of the year, particularly from September onwards. Widodo said slowing economic growth was the result of troubled government budget absorption at both the central level and regional level. Moreover, the country has been plagued by external factors.

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  • Economy of Indonesia: GDP Growth Slows to 4.67% y/y in Q2-2015

    Statistics Indonesia (BPS) announced today (05/08) that the Indonesian economy grew 4.67 percent (y/y) in the second quarter of 2015, the slowest pace since 2009. However, the result was in line with expectation. Most analysts assumed that economic growth would continue to slow as there has been no rebound in global commodity prices, interest rates remained high, people’s purchasing power weakened, government spending remained problematic, companies Q2-2015 earnings reports were not too good, and manufacturing contracted.

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  • Indonesia’s Weak Rupiah: What Are the Differences between Today and 1998?

    Once again, the Indonesian rupiah depreciated beyond the IDR 13,500 per US dollar level on Wednesday (05/08), touching its weakest level since the Asian Financial Crisis (which began as a financial crisis but would soon develop into a deep economic, political and social crisis in Indonesia) in 1997-1998. For some Indonesian policy makers, business players and investors the current weak rupiah therefore brings back bad memories. However, there are significant changes between conditions now and those in 1997-1998.

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  • What Factors Influence Indonesian Stocks & Rupiah on Tuesday?

    There are still persistent external and internal factors that make it difficult for Indonesian stocks to rise. By 12:07 am local Jakarta time, Indonesia’s benchmark stock index (Jakarta Composite Index) was down 0.25 percent to 4,788.37 points. Meanwhile, the rupiah had appreciated 0.36 percent to IDR 13,462 per US dollar by the same time according to the Bloomberg Dollar Index. What are the external (foreign) and internal (domestic) factors that influence the performance of Indonesian assets on today’s trading day (04/08)?

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  • Indonesian GDP Growth and Inflation Expected to Slow further

    The pace of economic growth of Indonesia is expected to remain below five percent year-on-year (y/y) in the second quarter of 2015 according to Reuters poll involving 22 analysts. In fact, the poll shows that further slowing economic growth is expected. In the first quarter of 2015, Indonesia’s economic growth came at 4.71 percent (y/y), the weakest growth pace in six years. According to the poll, analysts see a gross domestic product (GDP) growth rate of 4.61 percent (y/y) in the second quarter of 2015.

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  • Indonesia’s Consumer Confidence Falls in the First Half of 2015

    Although consumer confidence among Indonesian consumers remained relatively high, there has been a decline detected in 2015. Consumer optimism has fallen as Indonesia’s economy is growing at its slowest pace in six years due to worldwide low commodity prices (giving rise to Indonesia’s weak export performance), China's economic slowdown, uneven recoveries in the US and Europe, while spending of the Indonesian government remained weak (amid bureaucratic hurdles and difficult land acquisition for projects).

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  • Rupiah Melemah Melewati Level Rp 13.400 per Dollar

    Rupiah kembali menyentuh batasan psikologis Rp 13.400 per dollar Amerika Serikat (AS). Menurut Bloomberg Dollar Index, mata uang Indonesia telah melemah 0,22% menjadi Rp 13.405 per dollar AS pada pukul 11:22 WIB pada hari Kamis (23/07), sebuah level yang terakhir disentuh rupiah saat Indonesia masih kena dampak Krisis Finasial Asia pada tahun 1998. Melewati batasan psikologis ini bisa berarti bank sentral Indonesia (Bank Indonesia) akan kembali mengintervensi untuk mendukung rupiah dalam rangka melindungi kepercayaan terhadap rupiah.

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  • Bank Pembangunan Asia (ADB) memotong Proyeksi Pertumbuhan Ekonomi Asia

    Bank Pembangunan Asia (Asian Development Bank/ADB) mengumumkan telah mengurangi proyeksi pertumbuhan ekonomi 2015 dan 2016 baik untuk Republik Rakyat Tiongkok (RRT) maupun negara-negara berkembang Asia lainnya karena perlambatan perekonomian yang berkelanjutan di negara dengan ekonomi terbesar kedua di dunia ini. Ekspansi perekonomian RRT diproyeksikan untuk mencapai 7% pada basis year-on-year (y/y) di 2015 dan 6,8% (y/y) di 2016. Kedua proyeksi ini turun 0,2% poin dari proyeksi ADB sebelumnya.

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Artikel Terbaru GDP

  • Indonesian Economy Under Pressure in Q1, Bad Omen for GDP Growth in Remainder of 2020

    On 5 May 2020 Statistics Indonesia (Badan Pusat Statistik, BPS), a non-departmental government agency, released the first quarter gross domestic product (GDP) data of Indonesia for the year 2020. These data were highly anticipated as policymakers, analysts, and stakeholders are particularly interested in finding out to what extent damage has been done to the Indonesian economy by the self-imposed restrictions.

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  • Economic & Political Update Indonesia May 2020 - In the Eye of the Storm

    The economic and social consequences of the COVID-19 crisis are becoming increasingly clear and frightening. All the self-imposed restrictions on business and social behavior, taken by governments across the world, may protect people’s health to a significant extent, but the policy measures also have devastating economic and social consequences as economic activity nosedives, and businesses collapse. This results in unprecedented mass layoffs as well as growing poverty.

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  • IMF Expects the Worst Economic Downturn since the Great Depression

    In mid-April 2020 the International Monetary Fund (IMF) released its latest ‘World Economic Outlook’ report. It is in fact not a complete report. Considering the global economy has changed dramatically over the past months, the IMF’s previous update of the World Economic Outlook (released in January 2020) simply had no validity anymore, and therefore the IMF released one new chapter in mid-April 2020 (with the full report set to follow in May 2020).

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  • Economy of Indonesia; GDP Growth Slowed to 5.02% in 2019

    As expected, Indonesia’s full-year 2019 economic growth came in well below the central government’s 5.3 percent year-on-year (y/y) growth target. Based on the data that were released by Statistics Indonesia (Badan Pusat Statistik, BPS) in early February 2020, the Indonesian economy expanded at a pace of 5.02 percent (y/y) in 2019.

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  • Indonesian Politics & Economy: Looking Back on 2019, Looking Forward to 2020

    What marked the year 2019 for Indonesia was national politics. Although in these present times each year feels like a ‘political year’ for Indonesia – as the country’s local elections are spread out across years (and in 2020 it will be the turn of voters in various parts of the Archipelago to elect nine governors, 224 regents and 37 mayors) – the year 2019 was in fact a particularly ‘huge political year’ for Indonesia because of the (general) presidential and legislative elections that were held on 17 April 2019.

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  • Public Opinion and the Political Economy of Growth Deceleration

    Given a variety of recent events, Indonesia has seemingly entered a liminal phase in its development trajectory, suggesting that its economic vulnerability will be tested in new ways. The present circumstances should be understood as a particular test for the ability of policy initiatives to temper the effects of perturbing exogenous factors and demand shocks to the overall economy.

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  • Indonesia Economy: Stock Markets Trying to Find Bottom

    Indonesia’s stock market continues to struggle in attempts to find a bottom, as recent declines have been propelled by lower-than-expected GDP figures. For the first quarter, annualized growth of rates of 5.07 percent indicated a slight miss relative to the consensus estimates for the period (5.18 percent). Primary weaknesses were seen in export markets, where slowing demand for key commodities (such as coal and palm oil) indicated contraction for the first time since 2016.

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