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 growth holds steady, stimulus expected
The growth figures, released by Statistics Indonesia, indicate that the nation's economy has maintained a growth rate of around 5% since the COVID-19 pandemic. This rate falls short of the ambitious 8% target set by President Prabowo Subianto for the end of his term in 2029. The previous year's growth was slightly higher at 5.05%.
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.
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Indonesia's tepid 5.03% growth undermines Prabowo's 8% goal
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Prabowo plays populist card to energise Indonesia’s muted growth
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