Indonesia's economy advanced by 5.72% yoy in Q3 of 2022, following a marginally revised 5.45% increase in Q2 and compared with market estimates of a 5.89% rise. This was the sixth straight quarter of expansion and the fastest pace since Q2 of 2021, boosted by a further recovery in the economy from pandemic disruptions. Household consumption stayed resilient (5.39% vs 5.51% in Q2) amid robust fixed investment (4.96% vs 3.07%). Also, net trade contributed positively, as exports grew 20.02% while imports rose at a softer 12.37%. At the same time, government consumption fell less (-2.88% vs -4.86%). On the production side, output expanded for agriculture, forestry (1.65% vs 1.38%), mining & quarrying (3.22% vs 4.01%), manufacturing (4.83% vs 4.01%), utilities (8.05% vs 9.33%), construction (0.63% vs 1.02%), wholesale & retail trade (5.35% vs 4.42%), and transport & warehouse (25.81% vs 21.27%). By contrast, activity fell in healthcare & social services (-1.74% vs 6.49%). source: Statistics Indonesia
GDP Annual Growth Rate in Indonesia averaged 4.87 percent from 2000 until 2022, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of -5.32 percent in the second quarter of 2020. This page provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
GDP Annual Growth Rate in Indonesia is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.