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Berita Hari Ini GDP

  • Bank Indonesia Cuts 2016 Forecast Economic Growth Indonesia, Keeps High BI Rate

    Bank Indonesia Cuts 2016 Forecast Economic Growth Indonesia, Keeps High BI Rate

    For the second time, the central bank of Indonesia (Bank Indonesia) cut its 2016 forecast for economic growth in Indonesia, Southeast Asia’s largest economy. Due to persistent low commodity prices and weak export figures, the central bank now estimates that Indonesia’s economy will grow in the range of 5.2 - 5.6 percent (y/y) next year, down from its earlier outlook of 5.3 - 5.7 percent and the initial outlook of 5.4 - 5.8 percent.

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  • President Joko Widodo Unveils Indonesia’s 1st Economic Policy Package

    President Joko Widodo Unveils Indonesia’s 1st Economic Policy Package

    On Wednesday afternoon, Indonesian President Joko Widodo unveiled some details of the new economic policy package, involving major deregulation measures, that had been announced last week by Chief Economics Minister Darmin Nasution. This package aims - on the medium to long term - to boost Indonesia’s sluggish economy.

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  • UNICEF: Indonesia’s Child Mortality Rate Has Fallen Substantially since 1990

    UNICEF: Indonesia’s Child Mortality Rate Has Fallen Substantially since 1990

    The United Nations Children's Fund (UNICEF) stated in a recently published report that Indonesia has made significant progress in reducing the country’s child mortality rate. According to the report, entitled “Committing to Child Survival: A Promise Renewed (Progress Report 2015)", Indonesia’s mortality rate for children below the age of five years currently stands at 27 deaths per 1,000 births, a significant improvement from the 85 deaths per 1,000 births that was recorded in 1990.

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  • Weak Purchasing Power: Indonesian Car Sales Remain Bleak in 2015

    Weak Purchasing Power: Indonesian Car Sales Remain Bleak in 2015

    Despite the hosting of the Gaikindo Indonesia International Auto Show 2015 (20-30 August 2015), Indonesian car sales continued to shrank in August due to people’s weaker purchasing power amid the country’s economic slowdown. In August a total of 90,077 cars were sold in Southeast Asia’s largest economy, down 6.9 percent from the same month last year, according to the latest data from the Indonesian Automotive Industry Association (Gaikindo).

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  • Boosting Economic Activity in Indonesia: Stimulus Package to See Daylight this Month

    Boosting Economic Activity in Indonesia: Stimulus Package to See Daylight this Month

    The government of Indonesia is still busy preparing the policy package that was announced last week by Chief Economics Minister Darmin Nasution. Earlier it was reported that this stimulus package, expected to be finalized this month, involves deregulation and tax holidays designed to boost economic activity in Indonesia as well as to attract foreign currency inflows. The government will also look at how it can provide incentives to accelerate smelter development in Southeast Asia’s largest economy.

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  • Direktur IMF Christine Lagarde Kunjungi Indonesia untuk Konferensi, Bukan Bicarakan Pinjaman

    IMF Director Christine Lagarde Visits Indonesia to Join Conference, Not for Loan Talks

    Christine Lagarde, Managing Director International Monetary Fund (IMF), akan tiba di Indonesia (Jakarta) hari ini (01/09) untuk berpartisipasi di konferensi dua hari bertema ‘Future of Asia’s Finance: Financing for Development 2015’, yang diorganisir oleh IMF dan bank sentral Indonesia (Bank Indonesia). Bertentangan dengan rumor akhir-akhir ini, kunjungan Lagarde tidak berkaitan dengan dugaan Indonesia akan meminta pinjaman baru dari IMF.

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  • Central Bank: Economy of Indonesia Expected to Grow 4.89% in 2015

    Central Bank: Economy of Indonesia Expected to Grow 4.89% in 2015

    Agus Martowardojo, Governor of Indonesia’s central bank (Bank Indonesia), said on Thursday (27/08) that the nation’s economic growth pace is expected to reach 4.89 percent (y/y) in full-year 2015, down from 5.0 percent (y/y) in the preceding year and it would mark the fifth straight year of economic slowing. Earlier this week, Bank Indonesia had already revised down its economic growth forecast to the range of 4.7 - 5.1 percent (y/y) in 2015 (from 5.0 - 5.4 percent previously).

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  • 2016 State Budget Draft Indonesia: Capital Injections State Companies

    2016 State Budget Draft Indonesia: Capital Injections State Companies

    Through capital injections the Indonesian government aims to enhance the role of various state-owned enterprises (SOEs) within the process of economic development. In the recently unveiled 2016 State Budget draft, which still requires approval from Indonesia’s House of Representatives, the government allocated a total of IDR 48.2 trillion (approx. USD $3.6 billion) to 24 SOEs in five priority sectors: food security, infrastructure & maritime development, energy security, strategic industry development, and national economic autonomy.

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

    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

    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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Artikel Terbaru GDP

  • 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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  • ADB: Global Trade Rebound Boosts Growth in Asia & the Pacific

    ADB: Global Trade Rebound Boosts Growth in Asia & the Pacific

    Growth remains strong across most of developing Asia as a result of the broad-based recovery in global trade, robust expansion in major industrial economies, and improved prospects for the People’s Republic of China (PRC). This will combine to push growth in developing Asia for 2017 and 2018 above previous projections, says a new Asian Development Bank (ADB) report.

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  • Economy of Indonesia: Shifting from Consumption to Investment?

    Economy of Indonesia: Shifting from Consumption to Investment?

    Thomas Lembong, Head of Indonesia's Investment Coordinating Board (BKPM), said the 5.01 percent year-on-year (y/y) economic growth pace of Indonesia in the second quarter of 2017 was rather disappointing as consumption remained bleak. Only Indonesia's export and investment realization showed an improvement, Lembong added. But, overall, Indonesia's economic growth stagnated.

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  • World Bank Remains Optimistic about the Indonesian Economy

    World Bank Remains Optimistic about the Indonesian Economy

    The latest World Bank projection shows the economy of Indonesia remains promising despite the Washington-based institution having lowered its forecast for Indonesia's full-year 2017 gross domestic product (GDP) growth by 0.1 percentage point to 5.2 percent year-on-year (y/y) in the June 2017 edition of its Global Economic Prospect. The World Bank emphasized the Indonesian economy remains relatively strong and is among the most promising emerging markets.

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  • Bank Indonesia Keeps Key Interest Rate at 4.75% in May 2017, Analysis

    Bank Indonesia Keeps Key Interest Rate at 4.75% in May 2017, Analysis

    The central bank of Indonesia (Bank Indonesia) maintained its benchmark interest rate - the 7-day reverse repurchase rate - at 4.75 percent at the policy meeting on 17-18 May 2017, a decision that is in line with analysts' forecasts. Bank Indonesia said the decision is consistent with its efforts to maintain macroeconomic and financial system stability "by driving the domestic economic recovery process", while continue to monitor external threats stemming from US policy directions and geopolitical conditions, specifically in the Korea Peninsula, as well as domestic threats stemming from inflationary pressures and ongoing consolidation in the banking and corporate sectors.

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  • Economy of Indonesia in Q1-2017: Satisfied or Concerned?

    Economy of Indonesia in Q1-2017: Satisfied or Concerned?

    Overall, market participants are satisfied with Indonesia's economic growth in the first quarter of 2017. Indonesia's Statistics Agency (BPS) released the nation's official first quarter gross domestic product (GDP) data on Friday (05/05). It showed a 5.01 percent year-on-year (y/y) growth pace in Q1-2017, in line with - and even above some institutions' - expectations. Moreover, the figure confirms that Indonesia's economic growth continues to accelerate. In the first quarters of 2015 and 2016 GDP growth was recorded at 4.71 percent (y/y) and 4.92 percent (y/y), respectively.

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