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Latest Reports GDP
In January 2022 the International Monetary Fund (IMF) announced it, again, revised its outlook for Indonesia’s economic growth. The Washington-based institution cut its forecast for growth in 2022 from 5.9 percent year-on-year (y/y) to 5.6 percent (y/y).
On Thursday (06.01.2022) Indonesia Investments released the December 2021 edition of its monthly report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were important and influential issues in Indonesia in the month of December 2021.
On Monday (06.12.2021) Indonesia Investments released the November 2021 edition of its monthly report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were important and influential issues in Indonesia in the month of November 2021.
On Friday 5 November 2021 Indonesia’s Statistical Agency (BPS) released the official Q3-2021 gross domestic product (GDP) data for Indonesia. While we had predicted a mediocre performance (based on the country’s lackluster retail sales, consumer confidence, credit growth and low inflation in this year’s third quarter), the figure was still below our forecast.
On Monday (8.11.2021) Indonesia Investments released its October 2021 report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were influential in Indonesia in the month of October 2021.
Although in some respects Indonesia has exited the COVID-19 crisis (for example, the economic recession ended in Q2-2021, and the number of new COVID-19 cases and deaths eased significantly), the road ahead is uncertain and full of challenges.
On Thursday (7.10.2021) Indonesia Investments released its September 2021 report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were influential in Indonesia in the month of September 2021.
On Tuesday (7.09.2021) Indonesia Investments released its August 2021 report. This report discusses a range of subjects - related to political developments, the economy and social matters - that occurred in Indonesia in the month of August 2021.
On 05 August 2021 Indonesia’s Statistical Agency (Badan Pusat Statistik, henceforth BPS) released the official gross domestic product (GDP) data for the second quarter of 2021.
On Thursday (05.08.2021) Indonesia Investments released its July 2021 report. This 182-page report discusses a range of subjects - related to political developments, the economy and social matters that occurred in Indonesia in the month of July 2021.
Latest Columns GDP
As usual, we look at the latest available macroeconomic data of Indonesia to assess the strength of the national economy. Those who follow this monthly article should know that we are quite optimistic about the Indonesian economy as the majority of data are showing positive trends.
Indonesia’s economic growth in the second quarter of 2024 (Q2-2024) was good, although slightly below our projection of 5.1 percent year-on-year (y/y). According to the latest gross domestic product (GDP) data, which were released by Indonesia’s Statistical Agency (in Indonesian: Badan Pusat Statistik, BPS) on 5 August 2024, the Indonesian economy expanded by 5.05 percent (y/y) in Q2-2024.
Before we take a look at the latest macroeconomic data from Indonesia, first there is some good news to share as both the Organization for Economic Cooperation and Development (OECD) and Asian Development Bank (ADB) decided to revise up their projections for the Indonesian economy in 2023.
As usual, we take a look at a number of macroeconomic indicators to assess the state of the Indonesian economy ahead of the release of Q2-2023 gross domestic product (GDP) data (we expect Indonesia’s Statistical Agency, or BPS, to release the data in the second week of August 2023).
On 5 May 2023, Indonesia’s Statistical Agency (Badan Pusat Statistik, BPS) released the latest official Gross Domestic Product (GDP) data of Indonesia. BPS announced that the Indonesian economy expanded by 5.03 percent year-on-year (y/y) in Q1-2023, a good result that is in line with our expectations.
The holy Islamic fasting month (Ramadan) and the weeklong celebrations that mark the end of the Ramadan (known as Idul Fitri or Lebaran in Indonesia) is important for the Indonesian economy as it is a period when people consume more than usual.
On 06 February 2023, Indonesia’s Statistical Agency (Badan Pusat Statistik, or BPS) released the latest official gross domestic product (GDP) data of Indonesia. The data were in line with expectations.
Indonesian Finance Minister Sri Mulyani Indrawati said she expects to see a sharper economic growth rate in the first quarter of 2023 (Q1-2023) than the 5.02 percent year-on-year (y/y) growth that was recorded in the same quarter one year earlier.
For me, G20 summits were always interesting occasions as the leaders of the world’s strongest economies gather to discuss plans to move forward. This year, however, it was the first time that I was quite reluctant to follow the summit (despite the 2022 edition being organized on the Indonesian island of Bali).
As usual, we devote our first article to the Indonesian economy. But before we zoom in on the latest macroeconomic data of Indonesia, we first provide some context by discussing the global economy.
