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What is the growth rate of Indonesia 2020?

What is the growth rate of Indonesia 2020?

Characteristic GDP growth compared to previous year
2020 -2.07%
2019 5.02%
2018 5.17%
2017 5.07%

What is Indonesia’s GDP 2020?

GDP in Indonesia is expected to reach 1150.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia GDP is projected to trend around 1270.00 USD Billion in 2022, according to our econometric models.

Why is Indonesia growing so fast?

Resilient economic growth, low government debt and prudent fiscal management have been cited as reasons for the upgrades and are key in attracting financial inflows into Indonesia: both portfolio flows and foreign direct investment (FDI).

Is Indonesia’s economy growing?

Southeast Asia’s largest economy grew 7.07% in the April-June quarter compared with a year earlier, its first expansion in five quarters, Statistics Indonesia reported on Thursday. The expansion rate beat a 6.57% forecast by analysts in a Reuters poll and was the highest since the October-December quarter of 2004.

What is the highest GDP growth rate?

List (2021)

Rank Country/region Real GDP growth rate (%)
1 Pakistan 1.9
3 Libya -66.7
4 Dominica -8.8
5 Ethiopia 1.9

What is the GDP growth rate in Indonesia?

The country’s real GDP growth remained broadly stable at 5.1 percent during the first quarter of 2019. Despite global volatility, Indonesia’s economy has grown at a consistent pace with quarterly GDP growth remaining between 4.9 to 5.3 percent over the past 3.5 years.

What was the population of Indonesia in 2019?

The current population of Indonesia in 2020 is 273,523,615, a 1.07% increase from 2019. The population of Indonesia in 2019 was 270,625,568, a 1.1% increase from 2018. The population of Indonesia in 2018 was 267,670,543, a 1.14% increase from 2017. The population of Indonesia in 2017 was 264,650,963, a 1.18% increase from 2016.

What are the risks to growth in Indonesia?

Risks to Indonesia’s growth projection have increased with the recent re-escalation of global tensions that could further weigh on world trade. This edition of the Indonesia Economic Quarterly also looks at the importance of the maritime economy to Indonesia’s economic development and sustainable growth.

Why is the economy of Indonesia so important?

This edition of the Indonesia Economic Quarterly also looks at the importance of the maritime economy to Indonesia’s economic development and sustainable growth. The country’s oceans could make a larger contribution to the economy through higher revenues from tourism and fisheries if better managed.