Indonesia GDP Grew 5.07% in 2017
Jakarta | 5th February 2018
Indonesia’s GDP grew 5.07% in 2017, which is the highest in the last four years. The actual GDP growth during the fourth quarter of 2017 is recorded 5.19% (yoy), higher than that in the previous quarter of 5.06% (yoy). GDP performance during the fourth quarter of 2017 continues the positive development of Indonesia’s economic growth.
” INDONESIA Grew 5.07% “
Bank Indonesia estimates that Indonesia’s economic recovery will continue. Some positive developments during the fourth quarter of 2017 in investment, export, and business field structure are forecast to serve as the basis for the continued economic recovery process in the future. The Government’s commitment to consistently strengthen business competitiveness and business climate also supports the economic recovery.
Going forward, Bank Indonesia estimates that economic growth in 2018 will be within the range of 5.1-5.5%.
Official Press Release by Bank Indonesia