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Indonesia's economy expands 5% in 2024, more rate cuts seen in bumpy 2025
Indonesia's economy grew 5.03% in 2024, roughly similar to the previous year's rate and in line with expectations, but the pace was the slowest in three years, official data showed on Wednesday, raising hopes of further stimulus measures.
Indonesia’s economy grows 5.03% in 2024, but structural challenges loom
JAKARTA] Indonesia’s economy grew by 5.03 per cent in 2024, slightly down from 5.05 per cent in the previous year, based on data from the country’s statistics agency that was released on Wednesday (Feb 5).
BPS: Indonesia's 2024 Economic Growth at 5.03 Percent, Slight Slowdown
The Central Statistics Agency (BPS) noted that all business sectors experienced positive growth throughout 2024.
Indonesia economy expands 5% in 2024, headwinds expected this year
Indonesia's economy grew 5.03% in 2024, roughly similar to the previous year's rate and in line with expectations, but the pace was the slowest in three years, official data showed on Wednesday. Growth in Southeast Asia's largest economy has hovered around 5% since the COVID-19 pandemic,
Indonesia's Economy Sustained Steady Pace Growth in 2024 -- Update
Indonesia's resource-rich economy grew 5.02% from a year earlier in the fourth quarter of 2024, compared with a 4.95% expansion in the third quarter. That exceeded economists' expectations, with a Wall Street Journal poll tipping growth at 4.89%.
Indonesia GDP Expands 5% In 2024
Indonesia's economy expanded almost at a steady pace in 2024 but far behind President Prabowo Subianto's ambitious goal of 8 percent,
Indonesia: Indonesia's economy grows by 5.03% in 2024
Indonesia's economy grew by 5.03% in 2024, a slight slowdown from the 5.05% growth recorded in 2023, according to the Central Statistics Agency (BPS). The data reflect steady economic expansion despite global uncertainties.
Global Finance
12h
Indonesia: Building The Future Of Southeast Asia
Several global financial institutions—including the World Bank, the International Monetary Fund (IMF), and the Asian ...
Eco-business
52m
Is Indonesia withdrawing from the Paris Agreement despite JETP deal?
Indonesia is considering withdrawing from the Paris Agreement, arguing it is unfair for developing nations to comply when a ...
Business Times
5h
Prabowo plays populist card to energise Indonesia’s muted growth
INDONESIAN President Prabowo Subianto is banking on a raft of populist measures in his first months in office to energise ...
The Diplomat
17h
Indonesia Approves Creation of Second Sovereign Investment Fund
The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...
Inquirer on MSN
9h
Indonesia’s economy tops forecast but worries remain
Indonesia's economy grew more than expected last year, the government said Wednesday, as a pick-up in trade, mining and ...
1d
Indonesia's Q4 GDP at 5%, in line with poll forecast
Indonesia's economy grew 5.02% in the final quarter of 2024 from a year earlier driven by household spending and investment, ...
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