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Like the consumer price index (CPI), the GDP deflator is a measure of price inflation/deflation with respect to a specific base year; the GDP deflator of the base year itself is equal to 100. Unlike the CPI, the GDP deflator is not based on a fixed basket of goods and services; the "basket" for the GDP deflator is allowed to change from year to ...
Indonesia nominal GDP reached 22.139 quadrillion rupiah in 2024, it is the 16th largest economy in the world by nominal GDP and the 8th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. [34] Indonesia depends on the domestic market and government ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
GDP deflator for year = Real GDP growth on an annual basis is the nominal GDP growth rate adjusted for inflation. It is usually expressed as a percentage. "GDP" may refer to "nominal" or "current" or "historical" GDP, to distinguish it from real GDP. Real GDP is sometimes called "constant" GDP because it is expressed in terms of constant prices.
The World Bank has used the Atlas method [1] since 1993 to estimate the economic size of countries based on their gross national income (GNI) in U.S. dollars.. To convert a country's GNI from its local currency to U.S. dollars, the Atlas method uses a conversion factor that averages exchange rates over three years.
For all of 2024, Indonesia's economic growth is expected to be within a range of 5% to 5.2%, she said. Indonesia Finance Minister sees Q2 GDP growth at 5%, flags geopolitical risks Skip to main ...
The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market. [ 1 ] List of Indonesian administrative divisions by GRP Nominal, with 14,140 IDR = US$1 term of Nominal while 4,875.86 IDR = Int$1 term of PPP.
List of Indonesian provinces by GDP in 2023 (in billions). Average annual exchange rate in 2023: IDR 15,242.2993 per U.S. dollar. Rank Province Region GDP [16] (in billion Rp) GDP Nominal (in billion $) GDP PPP (in billion $) - Indonesia: South East Asia: 20,892,376 1,370.684 4,393.370 - Java Island: Indonesia: 11,741,513: 770.324: 2,469.073 ...