Indonesia's annual economic growth eased slightly to 5.02 percent in the third quarter of 2019 from 5.05 percent in the previous three-month period and compared to market consensus of 5.01 percent. That was the weakest pace of expansion since the second quarter of 2017, as investment, household consumption and government spending all rose at a slower pace. GDP Annual Growth Rate in Indonesia averaged 5.27 percent from 2000 until 2019, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of 1.56 percent in the fourth quarter of 2001. source: Statistics Indonesia
GDP Annual Growth Rate in Indonesia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Indonesia to stand at 5.10 in 12 months time. In the long-term, the Indonesia GDP Annual Growth Rate is projected to trend around 5.30 percent in 2020, according to our econometric models.