Tuesday, March 12, 2019

Indonesia Economy, Politics and GDP Growth Summary

title







Map of Indonesia

In brief


Parliamentary and presidential elections are scheduled for April 17th 2019. The president, Joko Widodo (known as Jokowi), appears set to win a second term, although his challenger, opposition leader Prabowo Subianto, will put up a tough fight. The government transition will be smooth. The new administration will continue its predecessor"s focus on infrastructure development. Gross fixed investment will grow by 5.7% per year in 2019-23, with GDP expanding by an annual average of 5%.








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Economic growth



Economic growth























(% unless otherwise indicated)
US GDP 2.9 2.3 1.5
OECD GDP 2.3 1.8 1.6
World GDP 2.9 2.8 2.6
World trade 4.4 3.3 2.9
Source: The Economist Intelligence Unit




Expenditure on GDP









Private consumption



2019=5.3, 2020=5.1



Government consumption



2019=3.7, 2020=4.0



Gross fixed investment



2019=5.5, 2020=5.0



Exports of goods & services



2019=1.3, 2020=4.0



Imports of goods & services



2019=2.1, 2020=3.6



Source: The Economist Intelligence Unit











Origin of GDP









Agriculture



2019=3.5, 2020=4.1



Industry



2019=4.0, 2020=3.0



Services



2019=6.7, 2020=6.9



Source: The Economist Intelligence Unit










jokowi

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