Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

The Illusion of Stable Growth: Indonesia Economic Outlook Q2-2024

Indonesia's economic growth rebounded to 5.04% (yoy) in the fourth quarter of 2023, following a slowdown to 4.94% (yoy) in the previous quarter. This rebound brought the overall growth for 2023 to 5.05% (yoy), surpassing the 5% threshold. However, there are concerning signs, as the three largest sectors, agriculture, manufacturing, and trade, which are cumulatively accounted for […]