Amid challenging global economic conditions and a substantial deterioration of its terms-of-trade, Indonesia’s economic growth decelerated to 5.0 percent in the third quarter of 2019, from 5.1 percent in Q2. Domestic drivers of growth slowed. Fixed investment growth weakened further in Q3...

In 2018, Indonesia’s coordinated and prudent macroeconomic policy framework underpinned steadyeconomic growth, amid global volatility and several natural disasters. Real GDP growth strengthened to 5.2 percent yoy in 2018 from 5.1 percent in 2017. Growth decelerated only slightly in Q1 2019, to...

After a challenging 10 months of capital outflows, currency depreciation, higher government bond yields and mounting pressures from fuel prices, November brought respite to Indonesia: global oil prices fell, and capital flows returned, leading to currency appreciation and lower bond yields....

The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia’s economy, and places these in a longerterm and global context. Based on these developments, and on policy changes over the period, the IEQ regularly...

This Indonesia Economic Quarterly (IEG) quarterly report covers the economic growth of Indonesia as in June 2016. With the global recovery yet to be realized, Indonesia’s resilience stands out among commodity exporters. A number of good policies have contributed to Indonesia’s resilience....

The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia’s economy, and places these in a longerterm and global context. Based on these developments, and on policy changes over the period, the IEQ regularly...

With a robust rate of economic growth, low current account deficit, a conservative fiscal deficit and inflation at a record low, the fundamentals of the Indonesian economy continue to be strong. Despite global policy uncertainty, economic growth strengthened in 2016 on the back of higher private...

Indonesia's real Gross Domestic Product (GDP) growth has proven robust to the weakness in external demand in 2012. Real GDP rose by 6.2 percent year-on-year in the third quarter. This was slightly lower than the 6.4 percent growth seen in the second quarter and was the eighth consecutive quarter...

Real GDP grew 5.3 percent in the second quarter of 2018 from the previous year, as domestic demand strengthened. Private and government consumption accelerated thanks to higher subsidy and personnelspending, a pick-up in credit growth, higher agricultural incomes, and stable inflation. Strong...

This edition includes a focus topic that discusses how 15 years of education reforms have helped to improve education outcomes and human capital in Indonesia, and what challenges remain. The outcomes from 15 years of educational reform have been mixed, with a significant expansion inaccess, but...