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Indonesia nominal GDP reached 20.892 quadrillion rupiah ($1.371 trillion) in 2023, 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 ]
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 ...
[8] [1] [11] Among others, India has also experienced an economic boom since the implementation of economic liberalisation in the early 1990s. [ 12 ] The first list includes estimates compiled by the International Monetary Fund 's World Economic Outlook, the second list shows the World Bank 's data, and the third list includes data compiled by ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
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The nominal GRP of the regencies is the most comprehensive measure of national economic activity. It is the regional or provincial counterpart of the national gross domestic product . Statistics Indonesia derives the GRP for a province as the sum of the nominal GRP originating from all the industries in the province at current market prices .
In March, Indonesia lost its host status for the 2023 FIFA U-20 World Cup due to its opposition to Israel's participation. Subsequently, the country also actively voiced its concerns following the outbreak of war in Gaza. The year also marked the end of the COVID-19 pandemic in Indonesia as the disease had entered its endemic stage.
The central bank is expected to keep its main policy rate unchanged at a record low of 3.50% until the third quarter of 2022, a separate Reuters poll showed. Indonesia's GDP growth set to slow in ...